
With strength-in-depth at all levels of seniority and also able to draw from the expertise of market leading practitioners across complementary practice areas, both domestically and internationally, Linklaters LLP has the critical mass and resources to be able to advise on many of the largest and most complex mandates in the domestic and international market. The sheer size of the team ensures it can cover the panoply of situations, running the gamut from fund-related special situations and consensual balance sheet restructurings through to formal insolvencies, for an eclectic roster of clients across both the debtor and creditor front. ‘Technically strong’ practitioner Richard Hodgson has a very good reputation among IPs, which are appreciative of his ability to ’find commercial solutions’, as well as for debtors, including his pivotal role for Thames Water on its complex headline-grabbing restructuring. The ‘exceptional’ Nick Le Masurier, who co-heads the team alongside Hodgson, has more of a creditor/investor focus and excels in providing ’commercially minded advice’ to banks and funds in complex situations involving multiple stakeholders. The ‘first-rate’ Matthew Harding is very skilled at handling debtor and IP work, including within heavily regulated industries such as energy and financial services. Other key contacts include James Warboys, co-lead on the Thames Water restructuring plan, who is adept at handling work for funds; fellow Thames Water co-lead, the highly experienced Rebecca Jarvis, who handles restructuring work in her role as global co-head of the overarching banking team; contentious insolvency expert Euan Clarke, who led on the challenges to Thames Water’s restructuring plan; and ’rising star’ Max Krasner. Recent arrivals include Mei Lian, noted for her skill in injecting new capital into stressed situations to realise value for funds clients, in particular.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'A top class restructuring and insolvency team that regularly deals with the most complex UK and cross-border situations.'
- 'The team provides high quality and use-friendly advice.'
- 'It is an excellent team of highly skilled lawyers with an impressive European footprint. Quality of advice tailored to a specific case is a stand-out.'
- 'Richard Hodgson is a reliable, super bright lawyer who finds commercial solutions and puts client care first.'
- 'Richard Hodgson is one of the best restructuring and insolvency lawyers in the UK. Technically strong, very responsive and trusted by clients.'
- 'Nick Le Masurier is exceptional. His balanced commercially minded advice, delivered in a way that generates a buy-in across stakeholders, creates incredible value in high-stakes situations.'
- 'Matthew Harding is first-rate.'
- 'Max Krasner is a rising star.'
- 'Excellent client service covering a broad range of restructuring issues. Ability to bring in wealth of expertise from across their firm when the situation needs it. Strong focus on diversity and inclusion for their clients.'
- 'Richard Hogdson is an expert in contentious insolvency matters - very calm and smart.'
Key clients
- Crédit Agricole CIB
- Lloyds Bank
- Thames Water
- EnerMech International
- The LYCRA Company
- Goldman Sachs
- YUM! Brands
- Petrofac Limited
- Teneo
- Interpath Advisory
- PwC
- FTI Consulting
- Alvarez and Marsal
- Alix Partners
Work highlights
Advising Thames Water on all aspects of the Liquidity Extension Transaction (including the now contested Part 26A Restructuring Plan) and supporting the Thames Water board with directors’ duties advice and contingency planning.
Advising Goldman Sachs since they first invested in Northvolt in 2019 when, along with other investors including German carmaker Volkswagen, it led a $1bn funding round that enabled Northvolt to build its first factory in northern Sweden, and fuel future expansion.
Advising The LYCRA Company, a leading Spandex producer, in relation to the holistic restructuring of its financial indebtedness, which exceeds $1.33bn.
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 partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Nick Le Masurier; Richard Hodgson
Other key lawyers
Rebecca Jarvis; Matthew Harding; James Warboys; Euan Clarke; Rory Conway; Chris Stevenson; Juliana Leite de Barros; Rowland Light; Liam Robinson; Damien Gomez; Max Krasner; Dionne Brown; Jason Heron; Ian Tsui; Mei Lian