England - London • Finance

McDermott Will & Emery UK LLP

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The 'nimble and very approachable' team at McDermott Will & Emery UK LLP provides 'pragmatic, commercially-minded and technically superb' advice to a myriad stakeholders across a range of work in the contentious and non- contentious restructuring sector. Drawing upon the firm's wider finance capabilities and US footprint, the team is particularly adept at formulating innovative solutions for stakeholders throughout the capital structure and is appreciated for its ability to handle 'complex, multi-jurisdictional projects with ambition and creativity'. Mark Fennessy best demonstrates this solutions-oriented approach and excels 'in successfully conducting complex and often contentious matters co-ordinating client teams and other stakeholders involved'. Fennessy co-heads the team alongside the 'highly responsive and very knowledgeable' Aymen Mahmoud.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team is nimble and very approachable.'
  • 'This is a pragmatic, commercially-minded and technically-superb team, which puts client service at the centre of its focus. One of its key qualities is an absolute dedication to providing solutions to clients and working around the clock to achieve that.'
  • 'Their knowledge and ability to deal with complex restructurings in line with the risk appetite of their clients is top notch.'
  • 'Versatile, multi-skilled team able to take on large, complex, multi-jurisdictional projects with ambition and creativity.'
  • 'Mark Fennessy has a superb grasp of the big picture and of creating strategy to achieve his clients' goals.'
  • 'Mark Fennessy is an exceptional leader, whose key talent lies in successfully conducting complex and often contentious matters co-ordinating client teams and other stakeholders involved.'
  • 'Sunay Radia is second to none in availability, problem solving and safe guarding your position in a transaction.'
  • 'Aymen Mahmoud is highly responsive and very knowledgeable.'

Key clients

  • Abu Dhabi Investment Authority
  • GLAS SAS (London Branch)
  • GLAS Trustees Limited
  • GLAS Trust Corporation Limited
  • Global Loan Agency Services Limited (“GLAS”)
  • HPS Investment Partners
  • Odyssey Europe Holdco S.à r.l.
  • QMetric Group Limited
  • TREO Asset Management LLC
  • TREO NOAL GP Sarl

Work highlights

  • Representing TREO in its capacity as the general partner and investment manager of NOAL SCSp Fund (formerly known as the Novalpina Fund), in relation to all aspects of its role relating to the fund assets.
  • Representing GLAS in various trustee and agent capacities of circa $1.2bn billion of notes and €400m of bank debt issues by the Ukrainian DTEK energy group.
  • Advising GLAS as trustee and security agent on the restructuring of €515m senior notes issued by Mulhacen Pte Ltd (parent company of Spanish online bank, Wizink) and the raising of €250m new capital for Wizink.

Lawyers

Leading individuals

Mark Fennessy

Mark Fennessy

McDermott Will & Emery LLP

Partner Mark Fennessy focuses his practice on contentious and non-contentious restructuring and insolvency matters. He has particular experience in multifaceted group collapses and global insolvency issues. He has been involved in a number of high-profile assignments for banks, funds and various strategic parties. Mark has advised on a number of complex cross border matters for creditors (including direct lenders and distressed debt funds) and sponsors and is highly skilled in the restructuring of complex structures and an expert in special situations. He has also actively led a number of complex litigation matters and has significant experience in the investigation of complex fraud cases, multijurisdictional disputes, anti-avoidance/antecedent transaction advice, corporate investigation and analysis, asset tracing, international enforcement and the development of litigation strategies. Additionally, Mark is a Licensed Insolvency Practitioner and an Authorised Fixed Charge Receiver (Non-appointment taking). View more at: https://www.mwe.com/people/mark-fennessy/

Practice head

The lawyer(s) leading their teams.

Mark Fennessy, Aymen Mahmoud

Other key lawyers

Sunay Radia, Mark Fine, Alexander Andronikou, Marcia Shekerdemian, Victoria Kuhn