The ‘highly technical and client-centric’ team at Alston & Bird LLP is skilled at advising creditors, investors, trustees and officeholders, in particular, across a range of formal insolvency matters as well as more transactional work, including those utilising special situations strategies. Team head Phillip Taylor is ’able to navigate difficult stakeholder issues’ for a range of clients, including credit funds and officeholders. Anna Nolan is also a key contact and is adept at finding solutions for clients through consensual means such as liability management exercises, as well as through formal restructuring tools, including restructuring plans and schemes.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Phillip Taylor is impressive, technically excellent and very user-friendly. We go to Phil because we know we will get good quality commercial advice.'
- 'You get a lot of partner attention, but the department also has a deep bench of talented and experienced associates to draw on.'
- ‘Phillip Taylor is able to navigate difficult stakeholder issues. He has huge knowledge and experience.'
- 'This team is strong, client focused and a pleasure to work with.'
- 'Phil Taylor and James Fisher are great. They are responsive, provide clear advice and are able to navigate difficult stakeholder issues.'
- 'Anna Nolan is highly proactive and has a fantastic reputation within the restructuring field.'
Key clients
- Deutsche Bank
- Qredo Limited
- Ian James Corfield and Philip David Reynolds (FRP) as joint administrators of Qredo Ltd
- Alvarez & Marsal Europe LLP
- GLAS
- Wilmington Trust
Work highlights
Advised Deutsche Bank on responding to Lehman Brothers Holdings Inc’s appeal of the 2023 High Court Decision in the sub-debt waterfall matter, and the comprehensive settlement reached with various parties in October 2024 which enabled the administrators of Lehman Brothers Holdings plc to proceed with distributions to Deutsche Bank and others.
Advised partners of Alvarez & Marsal as receivers of assets of a Cavendish Square vehicle, issuer of a pre-financial crisis CDO.
Advised the administrators of Qredo Limited, a digital asset custody business in relation to the ongoing administration and digital-asset related issues.
Practice head
Phillip Taylor
Other key lawyers
Anna Nolan; Luke Hiller-Addis