England - London • Finance

Weil, Gotshal & Manges (London) LLP

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Leveraging ‘excellent experience on the restructuring side, combined with a strong understanding of the markets and an innovative approach’, Weil, Gotshal & Manges (London) LLP is a popular choice among debtors and creditors in many of the highest-profile mandates in the market, both from a corporate restructuring perspective, as well as on formal insolvencies. The versatility of the team was further enhanced in June 2022 by the arrival of Lois Deasey from Akin, a practitioner who is as comfortable handling complex bondholder work as she is advising debtors. The team is co-headed by Neil Devaney and Andrew Wilkinson , who are both able to impart considerable wisdom and commercial nous on sophisticated cross-border mandates involving complex layers of debt and are well-versed at implementing restructurings both through European processes as well as US Chapter 11. Mark Lawford  is ’very strong’ at handling formal insolvency matters including in the context of demanding insolvency litigation matters. Gemma Sage is also recommended.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team has excellent experience on the restructuring side, combined with a strong understanding of the markets and an innovative approach.'
  • 'The team has a very knowledgeable and adept restructuring practice; well plugged in with FAs, other advisors; responsive, creative and credible.'
  • 'Neil Devaney, Lois Deasey and Matt Benson all stand out for their depth of knowledge, commercial orientation, and user-friendliness.'
  • 'Mark Lawford is very strong.'

Key clients

  • Ad Hoc Group of Bondholders for Nordic Aviation Capital
  • Scandinavian Airlines AB
  • National Public Finance Guarantee Corporation
  • Lehman Brothers Holding
  • Telford Offshore Group
  • Petropavlovsk
  • David Soden and Ian Wormleighton, the Joint Liquidators of Paragon Offshore plc (in liquidation)
  • Official Committee of Unsecured Creditors (in respect of the Cineworld Chapter 11 case)
  • Ad Hoc Committee of Bondholders of Zambia
  • Ad Hoc Group of Bondholders of Frigoglass
  • Ad Hoc Group of Bondholders in relation to Yandex
  • Ad Hoc Group of Bondholders of Ukraine’s sovereign debt
  • Stephen Browne and David Soden as Joint Administrators of VTB Capital (in administration)

Work highlights

  • Advised an ad hoc group of secured lenders in relation to the $6bn+ financial restructuring of Nordic Aviation Capital DAC.
  • Advised Scandinavian Airlines on its financial restructuring.
  • Advised Telford Offshore group of companies in connection with a balance sheet and corporate restructuring.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading individuals

Practice head

The lawyer(s) leading their teams.

Andrew Wilkinson, Neil Devaney

Other key lawyers

Mark Lawford, Gemma Sage, Matt Benson, Jenny Davidson, Lois Deasey