Taking an ‘holistic view’ to matters that aligns with the firm’s collaborative cross-practice approach, McDermott Will & Schulte has ’a depth and breadth of skills to handle complex multi-faceted’ domestic and cross-border restructurings and insolvencies for creditors and debtors. Praised for his ability to ‘oversee a range of activities whilst also being able to engage with the minutiae’, Mark Fennessy is very skilled at handling special situations-related matters for investors as well as for asset managers with regard to distressed portfolio companies. In addition, he regularly handles work for GLAS as bond trustee, as does Sunay Radia, who is also closely aligned to private credit fund clients, a growing strength for the firm as a whole. The recent arrival of the ’exceptionally smart’ Alex Wood, following a short stint in academia, and Kathleen Wong, from A&O Shearman, provides additional firepower to a growing team. Aymen Mahmoud co-heads the team alongside Fennessy.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘They are very creative and intellectual lawyers.'
- 'It is a very strong practice that takes a holistic view. They have a depth and breadth of skills to handle complex, multi-faceted matters over the long term and across many jurisdictions.'
‘Mark Fennessy is client friendly, immerses totally within the client requirement and goes the extra mile.'
'Mark Fennessy is a leader in his field. He is a superb relationship and project manager, and can oversee a range of activities whilst also being able to engage with the minutiae.'
'Alex Wood - exceptionally smart and capable lawyer. One of the brightest legal minds.'
Key clients
- Kroll
- GLAS Trustees Limited
- TREO Asset Management LLC
- TREO NOAL GP
Work highlights
Representing Kroll Trustee Services Limited as a stakeholder in the landmark restructuring of Thames Water’s £16bn debt structure, which included the first creditor-led competing restructuring plan.
Advising Global Loan Agency Services as security agent in the complex restructuring of the Four Seasons Health Care Group, including its £100m term facility and over €500m in bond debt, as well as the ongoing care home asset disposal plan led by the administrators.
Advising GLAS Trust Corporation Limited on the €400m restructuring of debt issued by VIC Properties to finance three real estate developments in Portugal.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Mark Fennessy; Aymen Mahmoud
Other key lawyers
Sunay Radia; Alex Wood; Kathleen Wong; Adrian Cohen; Mark Fine; Peter Lu; Marcia Shekerdemian; Victoria Kuhn