Clifford Chance’s restructuring and insolvency team is well-placed to steer clients through high-value matters in the real estate, retail and shipping sectors, combining litigation, finance and restructuring expertise. Practice co-head Ilse van Gasteren regularly advises financial institutions, borrowers and investors on multi-jurisdictional and complex restructurings, while fellow co-lead Jelle Hofland brings deep experience in leveraged finance and syndicated lending to situations involving distressed capital structures. Evert Verwey is a further key figure, frequently handling significant insolvency and restructuring matters. Noor Corsten regularly supports the team across the restructuring and insolvency space.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Cifford Chance has very strong execution capabilities and is very knowledgeable in restructuring transactions.’
- ‘The individuals I worked with are all very knowledgeable, show a strong drive to close a transaction, are easy to approach and nice to work with.’
- ‘The team has lots of experience and knowledge about each phase in the restructuring process. Support and guidance at top level within the organisation, at a very professional level.'
- ‘I experience a very high level of professional knowledge and insights, and value in addition the personal touch and contact. ’
- ‘Jelle Hofland truly goes the extra mile for his clients. Next to that, he is never afraid to deliver difficult messages when needed, and does so with clarity and professionalism.'
- 'Jelle Hofland consistently brings the right resources to the table, ensuring that every aspect of a case is handled with precision and care.'
- 'Jelle Hofland's strategic insight, understanding of the business and the landscape of financial stakeholders/restructuring makes him a very valuable lawyer.'
- ‘One of the strongest law firms in the Netherlands for complex cross border engagements.'
Key clients
- ING Bank N.V.
- ABN AMRO Bank N.V.
- HSBC
- Damen Shipyards Group N.V.
- Rabobank
- Koninklijke Paardekooper Group B.V.
- Deutsche Bank
- Kartesia
- Ares
Work highlights
Acted for Bio City Development Company, in a landmark decision of the District Court of Amsterdam, sanctioning for the first time a Dutch Restructuring Plan (WHOA) of bonds that were originally governed by English law.
Assisting Damen Shipyards Group in various countries with regard to its restructuring and refinancing of its facility with a syndicate of Lenders, which matured in 2024 and is an extensive and complex stakeholder alignment process.
Assisting Super Senior Lenders RCF Lenders in high profile restructuring of major retail company Hunkemöller - one of the first liability management transactions in the Dutch market.
Lawyers
Hall of Fame
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Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Ilse van Gasteren; Jelle Hofland
Other key lawyers
Evert Verwey; Noor Corsten