Forming an integral part of the firm’s growing corporate, finance and investments group, which includes a particularly strong private credit offering, the ‘very commercially minded’ restructuring team at King & Spalding LLP works on its own as well as alongside US and European colleagues across a range of cross-border situations for creditors and debtors. Team head Patrick Schumann provides ’exemplary advice’ to stakeholders, including recently representing creditors in a high-profile challenge against a restructuring plan initiated by the McDermott group.
Legal 500 Editorial commentary
Accolades
Client satisfaction
Testimonials
Collated independently by Legal 500 research team.
- ‘Communication is prompt and rapid in response, no matter what the day or hour. Very commercially minded when determining process and strategy.’
‘Patrick Schumann provides exemplary advice. Taking calls at any hour required, whether in the US, Middle East or Europe, whenever his time and advice has been requested, he has made himself available and has been coherent and confident in his advice and support.’
Key clients
- Refineria de Cartagena S.A.S.
- Aether Financial Services
- Red Lobster
Work highlights
Acted for the principal opposing creditor Refinería de Cartagena SAS (Reficar) in challenging the restructuring plan of the McDermott group.
Advised Aether Financial Services (Aether) in its capacity as agent for several tranches of Notes under the €9bn EMTN Programme and the €600m Subordinated Notes issued by Casino in the context of Casino's financial restructuring.
Practice head
Patrick Schumann
Other key lawyers
Andrew Brown; Amy Cho; Rosie Watterson; David Phillips