Akin has ‘exceptional breadth and the ability to work across practice areas’, excelling at disputes in the financial services sector. Investment disputes are a mainstay of the practice, with particular expertise relating to the distressed debt space, sovereign debt disputes, and intra-creditor disputes. Richard Hornshaw ’leads an effective and responsive team‘. He is well versed in securities law matters, insolvency, and restructuring.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘ The team has exceptional breadth and the ability to work across practice areas.’

  • ‘Richard Hornshaw is a star player who leads an effective and responsive team.’

  • ‘Richard Hornshaw is well known in the London litigation market as an experienced litigator in high-value, complex disputes with cross-border aspects.’

  • 'Top-of-the-bill team who go the extra mile.'
  • 'Richard Hornshaw has an unflappable, calm, strategic legal and commercial mind. A true gentleman who is great to work with - technically superb, and with excellent client and counsel-handling skills.'
  • 'James Terry is a super-savvy operator in the restructuring space - super-focused on how to get the best result for the client - often devising creative and successful strategies, and pushing others in the team to think outside of the box.'
  • 'Technically excellent, commercially savvy, and a great team to work with at all levels - quality throughout. I could not recommend them more highly.'

Key clients

  • Goldman Sachs
  • Barings Asset Management
  • Senior Secured Noteholders of Galapagos
  • The administrators of African Minerals Limited
  • Apollo
  • Elliott Associates and Elliot International
  • Ad Hoc Group of Noteholders to Imtech
  • Ad Hoc Committee of Noteholders of Noble Trading

Work highlights

  • Representing Elliott is its landmark judicial review against the London Metal Exchange (LME) for the loss Elliott suffered by virtue of the LME’s decision to retrospectively cancel nickel trades.
  • Advising Veon Holdings BV on a scheme of arrangement in respect of US$1bn+ of debt, including resisting a challenge to the scheme brought by certain creditors.
  • Advising some of the world’s largest asset managers as holders of senior secured notes issued by Galapagos SA, a business which went through a complex restructuring in 2019.

Lawyers

Practice head

The lawyer(s) leading their teams.

Richard Hornshaw

Other key lawyers

James Terry