United States • Finance
4

Restructuring (including bankruptcy): corporate

logo

Linklaters LLP

More information
Linklaters LLP advises on both domestic lender-side matters along with utilizing a wide global bankruptcy team based in the EU and Asia that handles cross-border restructuring and insolvency cases. The team handles a range of clients including lender syndicates, agents, ad hoc groups and individual creditors. Margot Schonholtz heads the practice and regularly offers financial institutions solutions in debt restructurings, litigations, and general bankruptcy advice. Penelope Jensen is experienced in Chapter 11 proceedings, while Christopher Hunker has expertise in out-of-court restructurings. All lawyers mentioned are based in New York.
Legal 500 Editorial commentary
Profile
linklaters.com

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Linklaters team has a standout ability to operate across jurisdictions. The team offers a seamless approach in complex restructuring matters across the United States, United Kingdom, and the Netherlands. Their multi-jurisdictional one team approach makes matters more efficient and leads to higher quality advice. I consider the firm's approach and service offering to be at the higher end compared to their competitors.’

  • ‘Margot Schonholtz is very sharp, commercial, and excellent at leading a syndicate group with the appropriate mix of legal analysis and recommended action. Penelope Jensen is always available; has a superior knowledge base of U.S. bankruptcy law issues; seamlessly leads teams across several jurisdictions to deliver high quality work.’

  • ‘Chris Hunker is an exceptional partner with deep expertise who has worked on complex matters on tight timelines.’

Key clients

  • Crédit Agricole Corporate and Investment Bank
  • Barclays
  • HSBC
  • Bank of America
  • GLAS Trust Company LLC
  • McGrathNicol
  • Caydon USA Property Group Holdings Pty Ltd
  • Nordic Trustee AS
  • Tor Investment Management Hong Kong, Limited
  • Sixth Street Partners LLC

Work highlights

  • Advising Crédit Agricole Corporate & Investment Bank, as LC Agent, Issuer and lender (and the Steering Committee of lenders and issuers on which it sits comprised of CACIB, ABN Amro, Barclays, RBC and Wells Fargo) on the restructuring of McDermott’s debt obligations and its liabilities related to commercial disputes with major project counterparties.
  • Advising Barclays, as a letter of credit commitment provider to Venator, in connection with Venator’s chapter 11 cases filed in the Southern District of Texas.
  • Advised the RCF lenders in the chapter 11 cases of GBG USA Inc. and certain of its US subsidiaries (“GBG US”). GBG US was the US operating arm of Global Brands Group Holding Limited, that was publicly traded on the Hong Kong Stock Exchange with other operating subsidiaries in Europe and Asia.

Lawyers

Practice head

Margot Schonholtz

Other key lawyers

Penelope Jensen; Christopher Hunker