Although it is a relatively small core team in London, Skadden, Arps, Slate, Meagher & Flom (UK) LLP is often engaged in high-profile mandates, working in a co-ordinated fashion with finance, corporate and litigation practitioners, as well as other international offices. As well as regularly handling bondholder committee mandates, the team also often works alongside its accomplished US practice on Chapter 11 debtor work, much of which flows from the firm's stellar corporate client base. Team head Peter Newman has detailed knowledge of US and English restructuring and insolvency procedures and how these interact with various jurisdictions in continental Europe. Dual UK and US-qualified partner Nicole Stephansen is also a key member of the team and excels in providing creative capital solutions for distressed  companies.

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Key clients

  • Luxor Capital Group
  • An ad hoc group of senior secured noteholders of Lecta
  • An ad hoc group of noteholders of Moby S.p.A.
  • E-House Enterprise Holdings Limited
  • Endo Health Solutions Inc.
  • Seadrill
  • RBC Global Asset Management (UK) Limited
  • CFG Investments SAU
  • An ad hoc group of noteholders of R-LOGITECH S.A.M.
  • RWE Supply & Trading GmbH

Work highlights

  • Advising Endo International plc on its cross-border restructuring and litigation in its Chapter 11 cases and parallel Irish scheme of arrangement.
  • Advised an ad hoc group of senior secured noteholders in connection with the financial restructuring of Lecta, a leading producer and supplier of speciality and coated woodfree paper, with operations in Spain, Italy and France and distributions worldwide.
  • Advised an ad hoc group of bondholders of Moby S.p.A. on its restructuring through a concordato preventivo process in Italy and ongoing issues related to numerous challenges to the restructuring.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Peter Newman

Other key lawyers

Nicole Stephansen