Drawing upon a highly integrated offering which combines both transactional and contentious strength, Freshfields is well-placed to advise stakeholders at all levels of the capital structure across the full range matters, from fully consensual restructurings to contentious insolvencies. While it does handle some major domestic matters, including its high-profile recent liability management exercise for Talk Talk, much of the firm’s work is cross-border, with clients benefiting from its in-depth expertise in both UK restructuring frameworks and European procedures, with parallel processes often co-ordinated to optimise outcomes. Lindsay Hingston embodies the broad nature of work handled by the firm, being as comfortable handling complex balance sheet restructurings, as mandates utilising restructuring tools, including Schemes of Arrangements and the UK restructuring plan. On the litigation front, Neil Golding excels at handling insolvency matters involving allegations of fraud, while Craig Montgomery continues to be heavily involved in highly contested restructuring plan matters. As well as continuing to pick up work for ad-hoc creditor committees, debtors, and officeholders, the arrival of Nick Fortune in December 2024 from Weil, Gotshal & Manges LLP enhances the firm’s ability to advise on complex creditor/investor mandates involving private capital solutions. Ken Baird, who led on the Talk Talk matter, is equally conversant with in-court and out-of-court restructuring processes and co-heads the team alongside Richard Tett. Noted for her particular expertise in financial services sector mandates, Emma Gateaud's recent engagements include major cross-border restructurings.  Catherine Balmond is also recommended, including on matters involving offshore considerations.
Legal 500 Editorial commentary

Key clients

  • An ad hoc group of lenders to Accell Group
  • An ad hoc group of lenders, direct holders and/or representatives, investment advisers or managers acting on behalf of certain of funds, accounts or affiliates which are lenders or direct holders of certain debt instruments entered into or issued by Kemble Water Finance Limited and Thames Water (Kemble) Finance plc
  • TalkTalk Telecom Group
  • Aon Service Corporation
  • Carlyle International Energy Partners
  • Joint administrators of People’s Energy (Supply) Limited and People’s Energy Company Limited
  • ChapelGate Credit Opportunity Master Fund Limited
  • OQ Chemicals International Holding
  • Carlyle Investment Management
  • Tele Columbus
  • Joint liquidators of GTLK Europe DAC (In Liquidation) and GTLK Europe Capital
  • DAC (In Liquidation)

Work highlights

Advising an ad hoc group of RCF lenders in respect of Dutch bike manufacturer Accell.
Advising TalkTalk in respect of its recent restructuring transaction.
Advising an ad hoc group of creditors to Kemble, parent of Thames Water, in relation to the current financial situation of the group.

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.

Ken Baird
Ken Baird
Leading partners

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

Catherine Balmond
Catherine Balmond
Richard Tett
Richard Tett
Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Lindsay Hingston
Lindsay Hingston
Practice head

Ken Baird; Richard Tett

Other key lawyers

Lindsay Hingston; Catherine Balmond; Craig Montgomery; Emma Gateaud; Nick Fortune; Nick Golding; Alex Thomson; Caroline Platt; Jamie Murray-Jones