Skadden, Arps, Slate, Meagher & Flom (UK) LLP has a reputation for assisting debtor clients in restructuring issues and insolvency-related matters, with a depth of expertise on special situations and private capital transactions. The energy, infrastructure, and pharmaceutical sectors have been recent areas of focus for the team. Peter Newman leads the group, and advises on the full gamut of restructuring and insolvency matters, including advising on liability management exercises. Nicole Stephansen is active in relation to complex multi-jurisdictional restructurings. Edward Taylor provides key support.
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Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Key clients
- New Fortress
- Thames Water
- Endo An ad hoc group of noteholders of R-LOGITECH S.A.M.
- Fleming Insurance / Reinsurance Group
- A significant shareholder and secured lender to Venator Materials plc
- Spirit AeroSystems Holdings, Inc
- Evraz plc
- 4 to 1 Investments KB
- Ad hoc group of noteholders of Lecta
- RBC Global Asset Management (UK) Limited
Work highlights
Advising New Fortress Energy in connection with an ongoing complex cross-border financial restructuring of its c. $9 billion of debt involving a broad and diverse stakeholder base, including investment funds, bank lenders and noteholders, across multiple debt instruments.
Advising an ad hoc group of lenders holding c. £13 billion of Class A debt of Thames Water, the water company servicing all of London, in connection with TW’s ongoing restructuring.
Advised Endo on its cross-border restructuring. Endo filed for Chapter 11 with more than $8 billion in indebtedness and facing approximately 3,100 lawsuits related to the sale and marketing of opioid products, asserting approximately $1 trillion of liability.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Peter Newman
Other key lawyers
Nicole Stephansen; Edward Taylor