Insolvency and corporate restructuring

Arthur Cox

Arthur Cox is a major force in restructuring and insolvency cases. It represents a range of insolvency practitioners, pillar banks, private equity houses, state entities, distressed companies and other stakeholders. It has continued to advise parties in many of the biggest restructurings and insolvencies in the market, including Mallinckrodt, Endo International and Avaya. John Donald heads the restructuring and insolvency team and leads many of the group’s top engagements. Of counsel Frances Flynn also impresses. William Day has retired.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘I really value the concise, practical advice which cuts straight to the heart of the issue.’
‘John Donald is our key partner in this team. Highly practical, responsive, cuts through to the core issues and provides advice and solutions at the level that meet our needs - without over-servicing or under-servicing.’
‘Extremely savvy and market-aware and leading in a number of disciplines. Plus super-responsive and very sophisticated in client communications and meeting expectations.’
‘John Donald, Stephen Ranalow and Fintan Clancy were standout partners on deals I've done with them. Very creative, precise, and able to advise on high-impact deal issues and strategies. Very strong and savvy in their respective disciplines.’
‘Incredibly responsive and drives engagements and matters excellently. Excellent advice that balances practicalities of matters along with commercial and risk considerations. The go to for any challenging or complex matters. ’
‘John Donald leads an exceptional team, advising on complex cross border restructuring mandates. ’
‘John Donald is responsive and very commercial. Cuts through complex issues quickly and efficiently.’
‘Results focused. Good working team, experienced at all levels, willing to go the extra mile. John Donald is superb and great experience Kenneth Dixon is a rising star.’

Key clients

Mallinckrodt
EML Payments
Gibson Dunne & Crutcher
Ares Capital Corporation
KPMG Ireland
Grant Thornton
Resolute Advisory
EML Payments

Work highlights

Advised Mallinckrodt in relation to the ongoing Chapter 11 proceedings commenced to implement a comprehensive circa $3.6bn financial and capital restructuring transaction, which it is envisaged will involve parallel examinership proceedings in Ireland.
Advised an ad hoc committee of the first lien lenders to Endo International in relation to all Irish aspects of the ongoing circa $8bn restructuring transaction implemented through Chapter 11 proceedings.
Advised EML Payments in relation to its petition seeking the Court liquidation of its subsidiary, PFS Card Services Ireland, an e-money institution regulated by the Central Bank of Ireland