“The Effect of Cross-Border Restructuring Convergence on Future International Restructurings,” Turnaround Management Association, November 2022.

Our Financial Restructuring & Reorganization Group compares a UK Part 26A restructuring plan to the well-tested scheme of arrangement and examines the RP’s many distinctive features.

For the first time, a UK court has crammed down a dissenting class of senior secured creditors. Our Financial Restructuring & Reorganization Group reviews the court’s reasoning and sets out the main takeaways from the judgment.

A UK court has allowed the first case where the most-senior creditor class has been compromised under a restructuring plan despite its objections. Our Financial Restructuring & Reorganization Group outlines the background to the plan, the class issues, the nature of the challenge, and senior creditor cram up.

Alston & Bird has deepened its ability to advise U.S. and European clients across a range of financial and corporate restructurings and insolvency mandates with the addition of Anna Nolan as counsel in the firm’s London office. Arriving from Paul Hastings LLP, Nolan advises stakeholders in both contentious and noncontentious matters, with a focus on transactions involving structured finance and real estate.

In a strategic decision to expand its European practice, Alston & Bird has opened a London office on the strength of its growing finance and payments practices. The office supports the firm’s finance and payments industry clients doing business in the U.K. and across Europe, as well as local investors and clients transacting business in the United States.