Karen McMaster

Drawing upon a ‘deep bench’ of talent, A&O Shearman is able ’to cover all angles’ for creditors and debtors, in the context of consensual restructurings and distressed investment work, as well as increasingly in matters involving some form of creditor challenge. Indeed, under the expert leadership of Katrina Buckley, the team has been active, both company side and for dissenting creditors, defending and challenging several high-profile restructuring plans. As well as the practice’s traditionally strong traction among banks, work that both Buckley and Nick Lister regularly handle, it also continues to gain market visibility within the private credit space, reflective of the increasing importance of this asset class in major distressed mandates. Karen McMaster and the ‘exceptional’ Tim Watson are key to this fund-related work, with both regularly picking up high-profile ad-hoc committee work, in particular. Other key contacts include Joel Ferguson, whose versatile practice includes real estate restructuring expertise.