Ashurst LLP’s restructuring and insolvency practice holds a prominent position in the French market, excelling in both transactional and contentious cases. Their expertise has been instrumental in advising creditors, sponsors, and new money providers in navigating complex cross-border situations and overseeing numerous significant debts restructuring cases. Practice head Noam Ankri, with a diverse background spanning New York, London, and Paris, brings a unique multicultural perspective to cross-border deals, coupled with his proficiency in high-yield bonds within French restructurings. The team also features notable professionals such as Elsa Decourt, specialising in complex cross-border restructurings, and Astrid Hubert-Beniost, who offers experience in distressed M&A transactions and various corporate issues related to reorganisations, in both amicable and judicial contexts.
Key clients
- Man GLG
- Warwick
- Bank of New York Mellon
- Village Nature Tourisme
- Boussard & Gavaudan
- Goldman Sachs
- ODDO BHF
- Credit Agricole Investment Bank
- Anchorage Capital
- Tresidor
- BlackRock
- Carlyle
- Angelo Gordon
- LBI ehf
- Dyal Capital Partners
- SPCM S.A./SNF
- Renaissance Luxury Group
- Sun Capital Partners
- Bombardier Inc.
- Société Générale
Work highlights
- Advising the steering committee of the unsecured creditors of the listed company Casino Guichard Perrachon S.A, namely the French law unsecured notes issued under the Company’s EMTN programme maturing in 2024, 2025 and 2026, in connection with the approx. €7 BN financial restructuring of the Company.
- Advised the group of senior RCF lenders in connection with the €600m financial restructuring of listed company Solocal.
- Advised the steering committee of the bondholders in connection with the €280m default of listed French fashion retailer SMCP's Chinese shareholder Shandong Ruyi.
Lawyers
Practice head
The lawyer(s) leading their teams.
Noam Ankri