Paul Hastings LLP
Client SatisfactionIn step with the firm’s overarching growth in the finance sector in recent years, the ‘very diligent and responsive’ team at Paul Hastings LLP is an important resource to a variety of banks, funds and corporates for stressed and distressed restructuring and investment opportunities. Much of the work is multi-jurisdictional, with the team often working alongside its colleagues in Europe and the US to provide a fluid and holistic service to clients, irrespective of geographical boundaries. In this regard, Helena Potts is recognised as ’a superb specialist in English and cross-border restructurings’, and is noted for her work across formal and informal restructuring processes. The ‘excellent’ Mei Lian reflects the firm’s transactional approach to work in the space and excels at handling complex mandates often involving financial products throughout the capital structure. Lian co-heads the team alongside William Needham, who recently joined the firm from KKR where he was head of European restructuring. Crispin Daly advises on cross-border administrations.
Testimonials
Collated independently by Legal 500 research team.
- ‘The team is excellent: hands-on, very diligent and responsive, a pleasure to work with.’
- 'David Shennan is an exceptional lawyer and a very nice person.'
- 'David Shennan is very knowledgeable, he has strong business acumen and really understands his client's needs. He provides solid and timely advice allowing the client to take informative decisions. He is very approachable and responsive.'
‘Mei Lian is an excellent lawyer and a very nice person: which is most valuable.'
‘Helena Potts is a superb specialist in English and cross-border restructurings. It is really impressive how much she knows about the legal framework of many European countries.'
Key clients
- King Street Capital Management
- Attestor
- Centerbridge
- Park First
- DPK
- Metals Exploration/Edwards Investment/Runruno Limited
- doValue S.p.A. and doValue Greece
- Piraeus Bank
- Global Loan Agency Services
- Mudrick Capital
- AlbaCore
- Owl Creek Asset Management
- Everview ad hoc group of lenders
- Ripple
- Deerfield Management
- KKR & Co
- Ares
- Blackrock
- UBS
- Abrdn
Work highlights
- Acted for Alpine Grove on the acquisition of the entire business of the Argyll Club. Argyll provides high-end serviced offices in Mayfair and the City. Its business suffered badly due to Covid-19.
- Represented Wilmington Trust as Security Trustee on the Part 26A restructuring plan of Project Fürst, one of the largest uncompleted commercial real estate projects in Germany and part of Aggregate Holdings’ portfolio.
- Advised abrdn as the major shareholder in the Airband group in relation to the acquisition of a minority shareholder position.
Lawyers
Practice head
The lawyer(s) leading their teams.
Mei Lian, William Needham