England - London • Finance

Ashurst

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The ‘very strong team’ at Ashurst delivers ’pragmatic, commercial and often innovative advice’ for stakeholders at every level of the capital structure. Although the team has significant experience advising on cross-border matters – where it can leverage resources across the firm’s extensive EMEA and APAC network of offices – it has been particularly active of late on a range of high-profile domestic mandates. Team head Olga Galazoula has been at the forefront of many of these, particularly within the retail sector, including her work for the Morrisons Group on its acquisition of the McColl’s convenience store network via a pre-pack administration sale. The team also has a very strong reputation in dealing with regulated financial services firms, an area that the ‘very experienced and highly knowledgeable’ Drew Sainsbury has developed a niche. Giles Boothman provides ’innovative solutions’ to funds, including in relation to loan-to-own strategies. Counsel Inga West  is also recommended.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team is particularly strong in dealing with regulated financial services firms.'
  • 'Very experienced and completely comfortable in a highly specialist sector.'

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Key clients

  • AlixPartners
  • Allsop LLP

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Work highlights

  • Acted for the Morrisons Group on its acquisition of the McColl's convenience store network via a pre-pack administration sale of the business and assets, rescuing the business out of the largest UK retail insolvency since 2020.
  • Advising Alastair Beveridge and Clare Kennedy of AlixPartners UK LLP in relation to their appointment as joint liquidators of Debenhams PLC and their ongoing investigations.

Abbreviated data is displayed for this firm.