Led from London by 'restructuring industry leader' Will Gunston, the 'brilliant' team at Osborne Clarke LLP provides 'practical and workable solutions to complex situations' across the full range of stressed and distressed advisory work including advice on operational and financial restructuring and turnaround. As well as handling a considerable flow of work in the energy and retail sectors, the firm is also 'a clear leader in the financial and fintech sector' and has advised special administrators in several recent high-profile electronic money service providers. Along with Gunston, the 'deeply technical' Douglas Hawthorn has been at the forefront of this work where he is noted for his 'ability to break down complex situations into more readily understandable and actionable solutions'.
Testimonials
Collated independently by Legal 500 research team.
‘Excellent strength in depth in the team and very client-friendly service delivery. One of the best restructuring teams to deal with in London in my view.’
‘Brilliant team that are always available to support with quality and practical advice.’
‘Offer practical and workable solutions to complex situations. Always bring a commercial angle to recommendations.’
‘The Osborne Clark restructuring team is a clear leader in the financial and fintech sector.’
'Will Gunston is highly experienced and a restructuring industry leader. His gravitas and guidance to his team ensures that they can bring down rhinos!’
‘Douglas Hawthorn is an exceptional restructuring and insolvency lawyer. He is deeply technical whilst also very commercial and pragmatic, which is invaluable in this sector.’
‘Doug Hawthorn's knowledge of stressed and distressed highly regulated financial services and fintech is second to none! His experience makes him a clear choice in this sector.'
'Douglas Hawthorn has a strong ability to break down complex situations into more readily understandable and actionable solutions.'
Key clients
- Wirecard Card Solutions Limited / Herron Fisher
- Viola Money (Europe) Limited (in special administration) / Interpath
- Xpress Money Services Limited (in special administration) / FRP Advisory
- Avro Energy Limited (in liquidation) / Alvarez & Marsal
- Hague and London Oil PLC / FRP Advisory
- Our Power Energy Supply Limited (in administration)
- In-Time Watch Services Limited (in administration) /FRP Advisory
- PSL2021 Realisations Limited (in administration) (formerly, Peacocks Stores Limited, EM2020 Realisations Limited (formerly, The Edinburgh Woollen Mill Limited), and Jaeger Retail Limited (in administration) / FRP Advisory
- Meika Limited (in administration) / FRP Advisory
- The board of ProQuo AI Limited, and later for Grant Thornton as its administrators
- Derek Richardson, as lender of Wasps Holdings Limited, and other group companies
- Bisney Realisations Limited (formerly, Neyber Limited), and BDO as administrators of Bisney Realisations Limited (in administration)
- Index Labs Limited, and subsequently BDO as administrators (and then liquidators) of Index Labs Limited (in liquidation)
- Metrocentre Group
- Ensign Communications Limited (in administration) / FRP Advisory
- E Realisations 2020 Limited (formerly, Everest Limited), and subsequently FRP Advisory as administrators of E Realisations 2020 Limited (in administration)
Work highlights
- Advised Wirecard Card Solutions on its solvent wind-down. This has involved working closely with various stakeholders, including the FCA, Mastercard, and Visa.
- Advised the special administrators of electric money institution, VME, in the context of a precedent-setting administration as VME was the first company to use the new Payment and Electronic Money special administration regime.
Lawyers
Practice head
The lawyer(s) leading their teams.
Will Gunston