Since April 2023, Orrick's restructuring and insolvency practice witnessed significant growth, due to the addition of practice leader Aurélien Loric, formerly with Eversheds Sutherland (France) LLP. Loric's arrival revitalised the practice, reaffirming its capabilities in this domain. Bolstered by a global network, the team serves as the preferred legal counsel for clients dealing with distressed situations, leveraging its expertise in highly regulated industry sectors, such as financial services and private equity. Notable expertise is also provided by Francois Wyon, who advises stakeholders in both amicable and judicial contexts.
Testimonials
Collated independently by Legal 500 research team.
‘Professionalism, true understanding of the subjects, technicality and agility.'
‘Aurélien Loric is fast, professional and a good leader. François Wyon is professional and trustworthy.'
‘Great ability to understand and adapt to complex contexts.'
‘A cohesive and tight restructuring team, which is among the most reliable on the market.'
‘Aurélien Loric has perfect mastery of constraints and financial issues.'
'François Wyon is very good at understanding the situation and the objectives pursued by the different classes of affected parties. Very high availability and ability to reassure clients.'
‘The team is united and proactive.'
Key clients
- Alcentra
- Anchorage Capital Group
- Attestor Limited
- Boussard et Gavaudan
- Carmignac
- Davidson Kempner
- DIIS Group
- DNCA
- Ecofi
- Eiffel Investment Group
- Fidera
- Financière Arbevel
- Schelcher Prince Gestion
- Zencap Asset Management
Work highlights
- Advised Alcentra and Fidera as part of an investor group (including Atream) in the implementation of a September 2022 agreement (originating from a March 2022 agreement) with Pierre et Vacances.
- Advising a steering committee consisting of five French and foreign financial institutions that coordinates over fifty creditors (comprising domestic and foreign par lenders, as well as hedge funds) with a collective unsecured debt of approximately €2 billion in the financial restructuring of Orpea S.A., a prominent player in the nursing home sector in France and Europe.
- Advising a group of secured creditors including Attestor Limited and Davidson Kempner, in the financial restructuring of Casino Group, a leading food retailer, with more than 11,500 stores worldwide across France and Latin America.
Lawyers
Practice head
The lawyer(s) leading their teams.
Aurélien Loric