Kirkland & Ellis International LLP

The ‘hardworking’ team at Kirkland & Ellis International LLP provides ’commercial, practical and user-friendly advice’ to a varied mix of creditor and debtor stakeholders on many of the highest-profile European restructurings in the market. The firm’s stellar roster of private equity sponsor clients continues to bring a significant volume of instructions, both from a defensive standpoint for portfolio companies as debtors and for these funds as investors in restructuring situations. In this context, the team is well-versed in utilising a myriad of restructuring/insolvency tools, including schemes of arrangement and UK restructuring plans, as well as in relation to clients outside the private equity sphere, including corporate debtors and ad-hoc creditor groups. Kon Asimacopoulos is frequently at the forefront of the most high-profile cross-border mandates for both companies and investors, taking on work involving complex financial products throughout the capital structure. Sean Lacey is valued by bondholders for credit-led restructurings, as well as for special situations, where he is appreciated for his ‘balanced consideration of legal, commercial and broader relationship issues’. Versatile restructuring lawyer Elaine Nolan has experience of working for a range of stakeholders on the creditor and debtor front and has developed a particular niche in utilising CVAs in retail insolvencies. Partha Kar co-heads the team alongside Asimacopoulos.