Under the leadership of the vastly experienced Patrick Corr, the ‘technically sound’ team at Faegre Drinker Biddle & Reath provides ’practical advice’ to IPs, funds and lenders seeking to optimise returns across a range of formal insolvency and restructuring work. Much of this is multi-jurisdictional in scope, including Corr’s work alongside Buvini Kularatne for an ad-hoc group of lenders in relation to a global cinema chain’s restructuring.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The team is technically sound and provides practical advice on cross-border mandates.'
- 'Extremely capable of grasping the task in hand – a good collaborative team that is always keen to go the extra mile.'
- 'The Faegre team is highly responsive, with global reach. The team has real depth of knowledge and experience and is able to mine this to develop innovative solutions to novel situations arising in a complex cross-border/offshore contexts. The team also has good up and coming juniors, with the ability to manage multiple workstreams at once, and to balance costs.'
- 'They have cross-border insolvency experience and technical knowledge; they work collaboratively and build trusted advisor relationships with clients.'
- 'Patrick Corr is a fantastic communicator and is brilliant with clients. He is adept at handling complex disputes.'
- 'Buvini Kularatne is an excellent team player and very experienced in handling complex cross-border matters.'
- 'Patrick Corr is authoritative, very commercial and pragmatic in his advice, He is able to leverage his considerable experience of insolvency and restructuring processes in multiple jurisdictions to come up with innovative solutions.'
- 'Wayne Beck is hardworking, responsive, with an eye for detail.'
Key clients
- ACM Emerging Markets Master Fund 1 LP
- Alix Partners UK LLP
- API Heat Transfer Company
- Bank of America
- CDIB Global Markets Limited
- Deloitte UK
- Ernst & Young (Bermuda)
- Ernst & Young (Cayman)
- GLAS - Global Loan Agency Services Limited
- Grant Thornton
- IWG plc
- Kroll
- Northwood Investors International
- Teneo Financial Advisory Limited and Teneo BVI Limited
- LoweConex Group Limited
Work highlights
- Advising an ad-hoc group of lenders made up of over 35 private equity funds on the restructuring of Cineworld.
- Advising the joint provisional liquidators (subsequently joint liquidators) of BlockFi International Ltd in the Chapter 11 and Bermuda proceedings.
- Advising the administrators of Greensill Capital UK Ltd on separate pieces of litigation.
Practice head
The lawyer(s) leading their teams.
Patrick Corr