Clifford Chance‘s strong suit lies in complex, multi-jurisdictional restructuring and insolvency proceedings, with the Paris office able to draw upon the expertise of teams around the globe. Under the leadership of the experienced Delphine Caramalli, the team acts for a diverse client base of domestic and international investors, private equity funds, hedge funds and other lenders, shareholders and buyers, covering the full range of financial restructuring processes, consensual and judicial insolvency proceedings (particularly preventive procedures for ad hoc mandates and conciliation), and distressed M&A. The team also draws on the support of new arrivals Arnaud Fromion and Frédéric Guilloux, who joined the wider global financial markets practice from Goodwin at the end of 2024, and specialise in leveraged finance with a focus on restructuring.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Excellent restructuring team: innovative technical skills, always available and very good strategic vision'

  • ‘Professional, innovative and attentive.’

  • ‘Delphine Caramalli is excellent’

Key clients

  • Réside Etudes Group
  • Masteos
  • ING Bank
  • Andera Partners
  • Getir BV
  • Macnica
  • Amiral gestion
  • Interpath
  • Aether Financial Services
  • Lessors of Lion Air's fleet including: Carlyle, Dubai Aerospace, Macquarie, Aergo, BOC Aviation, Aercap, SMBC, Altavair
  • Altream
  • Raiffeisenlandesbank Oberösterreich
  • Ligue Professionnelle de Football

Work highlights

  • Advised the group of TSSDI note holders, including major pension funds and family offices, as part of the financial restructuring of Groupe Casino.
  • Advised lenders including ING Bank, Mediobanca and an ad hoc committee of international banking Taiwanese institutions Schuldschein lenders, as part of the high-profile restructuring of Orpea
  • Representing worldwide the Turkish group Getir in a formal bid process launched by the court-appointed judicial administrators that may either result in the sale of the companies' assets or their liquidation.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Delphine Caramalli
Clifford Chance

Practice head

The lawyer(s) leading their teams.

Delphine Caramalli

Other key lawyers

Arnaud Fromion, Frédéric Guilloux