England - London • Finance

CMS

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Often deploying a multi-disciplinary approach which draws upon expertise from across other practice areas, CMS provides ‘helpful and cost-effective advice’ to a fairly even split of debtors and creditors on restructuring and insolvency matters within the mid to upper-mid market. Traditionally strong for banks as creditors, under the leadership of Martin Brown, the firm also continues to gain market share on behalf of funds, including in the context of special situations and acquirers of NPL portfolios. The ’unflappable’ Glen Flannery is key to much of the firm’s success on the debtor/IP front, where he is appreciated for his ‘commercial’ approach, tactical acumen, detailed knowledge of the law and underlying financial services, pensions and retail sector expertise.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The approachable team provides helpful and cost-effective advice.'

  • ‘The unflappable Glen Flannery is experienced, affable, commercial and a great tactical player.'

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Key clients

  • National Westminster Bank
  • HSBC Bank UK

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Work highlights

  • Advised the German Federal Network Agency of the German Federal Ministry for Economic Affairs and Climate Action on English law aspects of stabilisation, financing and recapitalisation of SEFE GmbH (formerly known as Gazprom Germania).
  • Advising Alvarez & Marsal as administrators of the failed energy supplier Orbit Energy on its administration, following the transfer of its customers to a supplier of last resort in the midst of the UK’s energy supply crisis.

Abbreviated data is displayed for this firm.