Restructuring Associate

Restructuring Associate – 3-7 years PQE

Location: London

Brief

We are looking to recruit a Restructuring/Special Situations Associate between 3-7 years PQE with debt and debt restructuring experience to join our London office. The role will suite a finance or restructuring lawyer with financing credentials and some experience in special situations and/or distressed debt.

Candidates should have particular experience working on finance agreements, security and intercreditor arrangements in a distressed or special situations context.

Our London Team

Our London Team has a strong focus on a wide range of restructuring and special situations matters across sectors such as, financial services, real estate, retail and education. 

Our market-leading practice focuses on debt refinancings and restructurings, business restructurings and asset sales and special situations and is well supported by its integrated international network.

Our National Team

Nationally, our highly rated Restructuring team, part of our Banking and Finance group, advises financial institutions, turnaround and insolvency practitioners, company directors, shareholders and other stakeholders on strategies for recovery and turnaround. We act for all the major clearing banks as well as a wide variety of other lenders. We also act for specialist lenders and funds lending into distressed and other special situations, including administration funding.

We are regularly involved in more complex, high value restructurings at an early stage in the financial decline curve, with the aim of providing innovative solutions which improve returns to stakeholders and, in many cases, avoid an insolvency process altogether. We are building an increasing reputation for our special situations practice too, having been instructed on a number of high profile assignments where insolvency is not imminent but there is high risk/complexity.

Operating across the UK and beyond, the team has 14 partners and a team of 32 lawyers making it one of the largest teams of any practice.

Key clients

All UK clearing banks except the Bank of England

A number of overseas banks

Sandton Capital

Rcapital

Blazehill Capital

PwC

Deloitte

Teneo

Interpath

FRP

EY

BDO

Grant Thornton

Alvarez & Marsal

Gordon Brothers

Evelyn Partners

RSM Advisory

Quantuma Advisory

Work highlights

Advising Retail Realisation on the financial restructuring and ultimate administration of the Paperchase group.

Advising Gordon Brothers and Aurelius as lenders on the take private and financial restructuring of French Connection.

Advising Nostrum Oil & Gas in connection with its $1bn Scheme of Arrangement, in particular around the structuring of its compromise of certain noteholders subject to sanctions by the UK Government.

Advising Modella Capital on the financial restructuring and ultimate administration of Ted Baker’s UK business.

Advised FRP Advisory Limited as the joint administrators of Safe Hands Plans Limited, a pre-paid funeral provider to approximately 46,000 customers in the UK.

Testimonials

The team displays a very professional, proactive and highly collaborative approach.’

‘The team are technically strong, particularly from a banking/security perspective, as well as highly commercial dealmakers who are often critical to us completing deals, enabling us to complete transactions swiftly often in competition with other investors ensuring we take a balanced view of risk/reward. There is no other team who we can go to in highly complex situations where we need both core R&I led advice supported by strong cross functional teams.’

Legal 500, 2024

The team won “Restructuring Team of the Year” at the Lawyer’s awards for 2023 and is nominated for 2024.

The Candidate Required

The successful candidate will ideally:

have gained experience in a City, or a strong national or regional, firm. 

be technically excellent but equally important, commercially aware and enthusiastic about business development

be a team player with a strong client focused approach

have a strong academic background and excellent communication and organisational skills.

The role is wide-ranging, will focus on and include:

developing on-going relationships with an existing client base as well as pitching for new opportunities;

developing close working relationships as part of an international team;

the opportunity to be involved in work in the very best national and international work.

What will we offer you? 

We are a market leading, dynamic and growing global team who work together to produce outstanding results for our clients. 

We invest in our team and have a first-class training and career development programme. Our training reflects our position as a market leader in communications and sourcing. Our training will assist you to develop as a specialist with valuable sector knowledge and the ability to deliver "best in class" services.

Early responsibility and opportunities to develop client relationships.