Details
A decade on from the global economic crisis, the time is ripe for restructuring professionals to take stock. The worldwide economy has recovered but remains subject to volatility; at the same time, market players have amassed unprecedented amounts of ‘dry powder’ capital available to deploy in distressed situations. As we come to terms with the full implications of Brexit and other macro-economic factors, the restructuring market continues to innovate and adapt, frequently finding legal and practical solutions for the most complex cross-border situations.
This third edition of Restructuring and Workouts: Strategies for Maximising Value provides an essential resource, providing legal and practical guidance for restructuring professionals. Fully updated since the last edition in 2013, it includes several entirely new chapters, with in-depth coverage and analysis including:
- overviews of the current market;
- a focus on topical sectors including retail and offshore/shipping;
- analysis of legal regimes in France, the US and Spain;
- examination of key themes such as distressed M&A and the restructuring of pensions obligations; and
- an exclusive retrospective from the architects of the Lehman Brothers restructuring – the case which has done more than any other to shape the restructuring market over the last 10 years.
This comprehensive publication makes required reading for private practice lawyers, insolvency practitioners, financial advisory and turnaround professionals, investment professionals and in-house lawyers alike
- Foreword Graham Lane Willkie Farr & Gallagher
- Restructuring & Workout environment in Europe Martin Gudgeon Shirish Joshi PJT
- World Bank Olena Koltko Ronen Nehmad World Bank
- Valuation of distressed businesses Kevin Coates Craig Rachel Graeme Smith AlixPartners
- Pre-packs at an operational level Mark Shaw BDO
- Lehman narrative Russell Downs PwC
- France Alexandra Bigot Lionel Spizzichino Willkie Farr & Gallagher
- Spain Ignacio Buil Aldana Sandra Gómez San Esteban Javier Segura Valero Cuatrecasas
- United States Christopher Koenig John Longmire Willkie Farr & Gallagher
- Pensions Richard Farr Luke Hartley Alex Hutton Mills Lincoln International
- Shipping Stephan Chischportich Matt Whiting Evercore
- Retail Mark Firmin Richard Fleming Vanessa Rudder Alvarez
- Cross-border insolvency David Soden Deloitte
- Distressed M&A Carlo Bosco Greenhill & Co
Consulting editor(s): Graham Lane, Willkie Farr & Gallagher LLP
| Contributing firm | Name |
|---|
| Willkie Farr & Gallagher LLP |
Graham Lane |
Contributors
| Contributing firm | Name |
|---|
| AlixPartners |
Craig Rachel |
| Graeme Smith |
| Kevin Coates |
| Alvarez & Marsal |
Mark Firmin |
| Richard Fleming |
| Vanessa Rudder |
| BDO LLP |
Mark Shaw |
| Cuatrecasas |
Ignacio Buil Aldana |
| Javier Segura Valero |
| Sandra Gómez San Esteban |
| Deloitte |
David Soden |
| Matthew Mawhinney |
| Evercore |
Matt Whiting |
| Stephan Chischportich |
| Greenhill |
Carlo Bosco |
| Kirkland & Ellis LLP |
Christopher Koenig |
| Lincoln Pensions |
Alex Hutton Mills |
| Luke Hartley |
| PJT Partners |
Martin Gudgeon |
| Shirish Joshi |
| PwC LLP |
Russell Downs |
| The World Bank Group |
Mahesh Uttamchandani |
| Olena Koltko |
| Ronen Nehmad |
| Willkie Farr & Gallagher LLP |
Alexandra Bigot |
| John C Longmire |
| Lionel Spizzichino |
Review for first edition: There are certainly not enough such books, in particular in terms of dealing with the careful analyses of the more specialist corners of the subject, eg. debt for equity swaps, pre-packs, valuation and SIVs.
David Marks QC
3-4 South Square
