Linklaters LLP

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Linklaters LLP‘s restructuring team works closely with its global network to represent lenders and companies in cross-border restructuring and insolvency matters. The practice is led by New York-based Michael Torkin. Daniel Guyder brings over 25 years of experience advising secured and unsecured creditors, creditor committees, ad hoc lender groups, and debtors. Penelope Jensen handles cross-border restructuring cases, and Christopher Hunker specialises in Chapter 11 cases, representing three large Chinese real estate companies that implemented restructurings. Margot Schonholtz retired in May 2025. All lawyers are based in New York.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Top‑tier technical expertise in cross‑border restructurings with genuinely seamless coordination across key jurisdictions. The team has a deep command of Chapter 11 dynamics, intercreditor issues, enforcement of international security packages and regulatory impacts across multiple legal regimes.'

  • ‘Penelope Jensen provided outstanding service and a thorough understanding of complex issues.'

Key clients

  • Banco Santander
  • Bank of America, N.A.

Work highlights

Advises Crédit Agricole CIB, as LC agent, issuer, and lender on post-consummation restructuring-related matters related to McDermott and the counterparties it transacts with, including with respect to the Zachry Construction Chapter 11 case and other ongoing matters.