England - London • Finance

Linklaters LLP

More informationMore information

Co-led from London by Nick Le Masurier and Richard Hodgson, and with access to ‘a market leading, full service Magic Circle practice and global footprint’, Linklaters LLP is well-positioned to handle resource intensive big-ticket multi-jurisdictional restructurings/insolvencies for a varied range of stakeholders, including lenders, funds and corporates. The team has ’fantastic breadth of and strength in depth’, advising across the spectrum of contentious and non-contentious work, ranging from formal insolvencies through to balance sheet restructurings and distressed M&A. The ‘very smart’ Matthew Harding recently advised the administrators of failed energy supplier Bulb Energy Limited in relation to its sale to Octopus Energy, implemented using a novel energy transfer scheme. The ’proactive and smart’ Sarah Mook , who spent a considerable number years in-house at Goldman Sachs, has a ‘unique perspective on financing issues, lender behaviour and problem solving’, which she deploys very effectively for debtors on complex balance sheet restructurings.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Fantastic breadth of team and strength in depth.'
  • 'Very capable on the corporate side, given access to a market leading, full service Magic Circle practice and global footprint. Excellent customer service & responsiveness. Can manage the largest restructurings and insolvencies - one of the best for the largest cases.'
  • 'The proactive and smart Sarah Mook has a unique perspective on financing issues, lender behaviour and problem solving.'
  • 'Matthew Harding is a very smart and young insolvency partner. Quick to understand complex issues and provide very practical advice.'
  • 'Matthew Harding and Chris Stevenson are both very commercial and provide practical, solution focused advice. They are transaction focused and will propose ideas to deliver exceptional outcomes at pace.'

Key clients

  • Interpath Advisory
  • Teneo
  • Steinhoff
  • PwC
  • Tor Capital
  • National Westminster Bank PLC
  • KKR
  • Davidson Kempner
  • HSBC Bank PLC
  • Barclays Bank PLC
  • FTI
  • Citi Bank
  • JPMorgan
  • Lloyds Bank PLC
  • EY Parthenon
  • BAML
  • Alix Partners
  • Alvarez and Marsal
  • BAIN
  • SVP

Work highlights

  • Advise Steinhoff International Holdings and its subsidiaries on the extension and amendment of its c. €11bn debt, and related equity re-organisation.
  • Advised the Naviera Group in relation to its successful comprehensive c.€1bn corporate and debt restructuring.
  • Advising an ad hoc committee of bondholders in relation to the restructuring of the $10bn offshore indebtedness of Sunac China Holdings Limited and its subsidiaries.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Rebecca Jarvis

Rebecca Jarvis

Hall of fameLinklaters LLP

Rebecca is the Global Co-Head of Banking at Linklaters and a partner in the Restructuring and Insolvency team, comprising specialists throughout Europe, the Americas and Asia and handling the world's most challenging and significant domestic and cross-border assignments. Rebecca advises creditors, (including banks and other financial investors and steering committees) insolvency office holders, and corporate debtors and their directors in all aspects of non-contentious restructuring and insolvency work. With a remarkable breadth of practice and extensive experience, Rebecca has acted on a wide range of workouts, business recoveries, stressed financings and administrations and liquidations. Rebecca has also advised on a series of real estate and corporate restructurings in many jurisdictions, including, currently, on the restructuring of Abengoa in Spain, the largest ever European restructuring involving three separate processes, including a Spanish judicial confirmation, an English company voluntary arrangement (CVA) and U.S. Chapter 11 proceedings.

Leading individuals

Richard Bussell

Richard Bussell

Linklaters LLP

Richard is a partner in Linklaters' Restructuring and Insolvency team, comprising specialists throughout Europe, the Americas and Asia. Richard is based in London but has extensive cross-border and international experience, advising creditors (including banks and other financial investors and steering committees), insolvency office holders and corporate debtors and their directors on a wide range of workouts, business recoveries, stressed financings and insolvencies.

Richard Hodgson

Richard Hodgson

Linklaters LLP

Richard specialises in complex, cross-border restructuring and insolvency matters, having worked in the field for over 16 years, with a particular focus on representing insolvency officeholders, creditors, corporate debtors, directors and other stakeholders, including on contingency planning. Richard’s most recent experience has spanned a wealth of sectors, including the financial services / financial institutions, consumer, retail, manufacturing and oil and gas sectors. He has particular expertise in distressed M&A acting for both private equity and trade purchasers and insolvency practitioners as sellers. Richard also advises a number of financial institution clients, regulators and other stakeholders on matters relating to bank financial restructuring, bank resolution/failure, compliance with BRRD and related matters. Richard was part of the original Linklaters team that led on the Lehman Brothers collapse in 2008 and continues to act for the administrators of LBIE.

Sarah Mook

Sarah Mook

Linklaters LLP

Sarah specialises in large, complex debt and equity restructuring matters. She has a particular focus on debtor advisory and capital structure solutions, including bank debt restructurings, distressed mergers and acquisitions, exchange offers and structured financing. Sarah has extensive cross-border and international experience advising corporate debtors and their directors across Europe, Middle East and Africa. Prior to joining Linklaters, Sarah worked for 12 years at Goldman Sachs in London as a managing director in the restructuring advisory and financing group. Prior to joining the investment bank, she also spent 14 years working as a lawyer in private practice.

Practice head

The lawyer(s) leading their teams.

Nick Le Masurier, Richard Hodgson.

Other key lawyers

Rebecca Jarvis, Richard Bussell, Tony Bugg, Sarah Mook, Matthew Harding, James Warboys, Euan Clarke, Susan Roscoe, Rory Conway, Chris Stevenson, Juliana Leite de Barros, Rowland Light, Liam Robinson, Damien Gomez, Max Krasner, Dionne Brown, Jason Heron