Often forming part of a cohesive cross-office/cross-disciplinary offering, the ‘knowledgeable and creative’ team at Cleary Gottlieb Steen & Hamilton excels at handling complex cross-border debt restructuring and insolvency matters for creditors and debtors. ’Superstar debt restructuring partner’ Polina Lyadnova is key to much of this, and regularly handles emerging markets-related work, where she benefits from core understanding of the underlying financing documentation as a result of broader banking and capital markets knowledge. ‘Very experienced’ US-qualified practitioner Solomon Noh excels at handling fund-related work, be it in the context of ad-hoc bondholder committee matters or new money solutions in distressed scenarios on behalf of private credit funds. The ’very skilled’ Alastair Goldrein co-heads the team alongside Noh and Lyadnova and has particular expertise advising on Ukraine-related matters.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®

Testimonials

Collated independently by Legal 500 research team.

  • 'The knowledgeable and creative team is very experienced at working on multi-jurisdictional restructuring matters, in particular in emerging markets.'
  • 'The firm has decades of depth in complex debt restructuring and insolvency - in particular, in the cross-border and sovereign context. The quality of the Cleary partners and associates in this practice is uniformly strong.'

Key clients

  • Operadora de Servicios Mega
  • Ad Hoc Group of Noteholders of Vodafone Ukraine

Work highlights

Advising Operadora Mega in its complex restructuring of $1.3bn of debt under USD and MXN bonds, international and local bank facilities.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Solomon Noh; Polina Lyadnova; Alastair Goldrein

Other key lawyers

Jim Ho; James Armshaw