With numerous 'highly technical and first-class lawyers' in its ranks, Weil, Gotshal & Manges (London) LLP excels in providing 'high-quality advice on complex situations' for debtors, creditors and office holders, where it often works in a collegiate fashion with its acclaimed leveraged finance and high-yield practices. Co-headed by the 'very impressive' Neil Devaney and Andrew Wilkinson, the team excels at advising on sophisticated cross-border mandates involving layers of debt throughout the capital structure, and is adept at implementing restructurings through European processes as well as via US Chapter 11. Lois Deasey has a vibrant bondholder practice in particular, with both par and secondary investors benefitting from her 'commercial and pragmatic' advice on distressed and special situations. Gemma Sage is adept at handling restructurings and formal insolvency procedures for both debtors and creditors and is also a key member of the team, as is Mark Lawford, who is noted for his expertise at handling both out-of-court restructurings and insolvency litigation.
Legal 500 Editorial commentary
- Profile
Profile
Career
Neil Devaney is the Co-Head of the London Restructuring practice, a group dedicated to advising clients on all aspects of restructuring and insolvency law across Europe, the Middle East, Africa and Asia. Neil’s practice is focused on providing practical, leading-edge advice to companies and their stakeholders on complex, high value debt restructurings. Neil works with credit funds, senior management and private equity sponsors on stressed, distressed and special situations. He also advises on associated M&A and alternative investments.
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Testimonials
Collated independently by Legal 500 research team.
- 'The very responsive team includes numerous highly technical and first-class lawyers.'
- 'They provide high-quality advice on complex situations.'
- 'Neil Devaney is a very impressive lawyer and leader of a team. Pushes the boundaries but knows where the limits are.'
Key clients
- Schoeller Packaging B.V.
- Ad Hoc Group of Noteholders (Ideal Standard)
- Telford Offshore
- Ad Hoc Group of Investors (McDermott International Group)
- Ad Hoc Group of Bondholders (|Atalian|)
- VTB Capital
- Ad Hoc Group of Bondholders (|Digicel|)
- Ad Hoc Group of Bondholders (|Frigoglass|)
- Ad Hoc Group of Bondholders (Zambia)
- Viking Global Investors
Work highlights
Advised the ad hoc group of bondholders in Digicel Holdings on its $600m restructuring.
Advised the ad hoc group of supporting creditors on the $5bn global restructuring of McDermott International.
Advising Schoeller Packaging B.V, a Brookfield portfolio company, on its recapitalisation and refinancing.