Lawyers
Glen Flannery
- Email[email protected]
Position
Partner
Career
Glen is a Partner in our Restructuring & Insolvency team. He co-heads CMS’s restructuring & insolvency group. He qualified in 2003 and became a partner in the business in 2007.
Glen advises boards of directors, debtors, creditors, insolvency practitioners, investors in distressed assets, and a variety of other stakeholders, at all stages of the decline and recovery curves.
This includes advising on directors' duties, restructuring plans, contingency planning, security package enhancements and enforcement, distressed asset sales and acquisitions, loan-to-own strategies, solvent reconstructions, counterparty insolvency issues, mitigation of insolvency risk in transactions, insolvency investigations and insolvency related claims.
During his career, Glen has guided many boards and helped multiple clients to structure and implement successful business rescues. Among a wide spectrum of cases, he has led complex debtor-side restructuring projects for British Steel, Harland & Wolff, Costcutter, Hoover and UK Coal.
Glen has also led many major international and cross-border mandates, involving use of the European Insolvency Regulation, the UNCITRAL model law on insolvency and other cross-border tools. He often helps overseas clients to resolve UK and cross-border conflict of law issues. Past cases include Gazprom, Hydrodec, Lowcosttravelgroup, Stanford International Bank, Kaupthing Singer & Friedlander, Lehman Brothers, the Niton Fund, Eurodis and Crisscross/Dynegy.