Restructuring & Insolvency 2018: Analysis

Who’s Who Legal and Global Restructuring Review have again come together to compile in-depth research into the restructuring and insolvency legal markets around the world. This year, we list 569 lawyers from 44 jurisdictions.


Thought Leaders
1. Pekka Jaatinen Castrén & Snellman Attorneys, Helsinki
2. Gabriel Moss QC South Square, London
3. Annerose Tashiro Schultze & Braun, Achern
4. Barry G Russell Akin Gump Strauss Hauer & Feld, London
5. Philip Hertz Clifford Chance, London
6. Mikko Tiilikka Krogerus, Helsinki
7. Robert J van Galen NautaDutilh NV, Amsterdam
8. Brigitte Umbach-Spahn Wenger Plattner, Zurich
9. Andreas Spahlinger Gleiss Lutz, Stuttgart
10. Rebecca Jarvis Linklaters, London
 The Thought Leaders are those individuals who received the highest number of nominations from peers, corporate counsel and other market sources this year. Our research has identified them as being truly outstanding practitioners and the very best in their field.

Leading Firms

Who's Who Legal does not list law firms, only individual lawyers. The leading firms are those in each region whose listed practitioners received the most total nominations in our research.

Well known in the space for its insolvency and restructuring prowess, SOUTH SQUARE achieves an excellent 12 listings this year.
The “exceptional” Gabriel Moss QC receives high praise as a thought leader. He advises on restructuring and insolvency issues in the UK, EU and EEA and has made numerous appearances in the Supreme Court and CJEU. One source says, “He is clever, creative and in a class of his own.”
William Trower QC is one of the senior statesmen in the market and “very well-respected” for his prowess in financial services. He has leading expertise in corporate restructuring matters.
Robin Dicker QC is a leading light in restructuring litigation. He is frequently engaged in Supreme Court and Court of Appeal cases and is praised by one peer as “the best in the business”.
David Allison QC comes highly recommended for his international experience; his overseas practice takes in cases in the Cayman Islands, BVI, Dubai and the Channel Islands.
Tom Smith QC is a go-to commercial litigator, popular with instructing solicitors for his wide-ranging experience and high-quality advocacy skills. His practice spans corporate insolvency trials, both onshore and offshore.
Richard Fisher is a top-notch junior barrister for both domestic and cross-border insolvency. He is an expert on complex disputes and has appeared in numerous high-profile cases in all levels of the English court.

Magic circle firm FRESHFIELDS BRUCKHAUS DERINGER once again shows off its outstanding credentials in the restructuring and insolvency field, achieving eight listings.
Nick Segal is one of the foremost restructuring and insolvency practitioners in the business. He has experience in both domestic and international matters including bank resolution and litigation.
Adam Gallagher receives high praise for his expertise in complex restructuring matters. He advises debtors, creditors and stakeholders and is recommended as “the number-one corporate advisory lawyer” in the market.
Richard Tett has over two decades of expertise in bond restructurings, distressed M&A and schemes of arrangement. He is one of the most highly respected practitioners in the space.
Lars Westpfahl in Hamburg is a leading light in the German market; he is a seasoned hand in financial restructurings and complex structures.

CMS sees seven listings across its European outfit, demonstrating its strong presence across the continent.
Rita Lowe advises banks, private equity funds and pension funds on matters relating to distressed debt and liquidation. She receives plaudits for her longstanding expertise in the field.
Patricia Godfrey is a standout figure in turnarounds and corporate restructurings. She is also a well-reputed expert on directors’ duties.
Glen Flannery advises on contentious and non-contentious matters across all stages of corporate insolvency. He is widely renowned for his end-to-end expertise on such matters.
The “creative and well-organised” Michael Frege is a specialist in insolvency and foreclosure and is often at the forefront of high-visibility national proceedings.

CLIFFORD CHANCE sees five leading practitioners recognised across its London, Frankfurt and Paris offices.
Philip Hertz is one of the most experienced practitioners in the field. He advises banks and bondholders on restructuring matters and is one of the most highly respected insolvency lawyers working today.
Stefan Sax receives high praise for his superb cross-border practice. He has experience in insolvency proceedings and corporate restructuring including restructuring groups of companies.
Reinhard Dammann acts for a wide range of clients in insolvency matters, with experience in both the French market and overseas jurisdictions.

Five standout lawyers at WEIL, GOTSHAL & MANGES are listed this year.
Andrew Wilkinson is a powerhouse in European restructuring. He has over three decades of expertise advising bondholders, governments and corporate entities.
Alexander Wood is a highly commercial lawyer with an array of skills in assisting companies, noteholders and investors in restructuring matters.
Adam Plainer is another name from the firm’s strong bench of lawyers, with notable expertise in workouts and restructurings for banking institutions, investment funds and corporates.

Outstanding Dutch law firm NAUTADUTILH sees five of its practitioners listed.
Robert van Galen is a standout insolvency lawyer with deep expertise in cases going all the way up to the Dutch Supreme Court. He is recognised by one peer as “first tier without a doubt”.
Barbara Rumora-Scheltema is a prominent name in the area in the Netherlands, with numerous significant cases in her portfolio including ongoing work for major clients such as Yukos.

LINKLATERS achieves four listings in this year’s edition.
The “excellent” Rebecca Jarvis is one of the key advisers to a host of European corporations on restructuring and insolvency matters. She is well known for her deft handling of high-stakes cases.
Richard Hodgson has a decade of experience in restructuring and insolvency matters and is well regarded as a skilled lawyer in the field. He has notable experience of administrative proceedings and debt restructuring.

Three practitioners are listed at Amsterdam-based RESOR.
The “top-tier” Nicolaes Tollenaar is specialised in corporate bankruptcy matters, where he is highly sought after. He is also recommended as an expert litigator.
Jako van Hees is one of the market’s leading authorities on restructuring matters. He has expertise both in the Dutch market and internationally, where he receives praise from both peers and clients for his sterling work.
Lucas Kortmann is a leader in cross-border insolvency matters and frequently represents prominent banking institutions and corporations in litigation.

WENGER PLATTNER in Switzerland achieves three listings.
Brigitte Umbach-Spahn advises both creditors and debtors on high-stakes restructuring and insolvency matters. Her skills in liquidations make her highly sought after.
Karl Wüthrich is a leader in the restructuring space with over 30 years of experience. Sources praise him for his international expertise and his in-depth market knowledge.
Fritz Rothenbühler is well regarded for his expertise in bankruptcy proceedings and as trusted litigation support counsel.

Leading US firm WHITE & CASE sees three of its practitioners listed in Germany.
The Hamburg-based Sven-Holger Undritz has extensive experience assisting a wide array of companies with insolvency litigation. He is frequently instructed by some of Germany’s largest corporates and is regarded as “an excellent lawyer with a keen business sense”.
Christian Pilkington is a highly regarded attorney with excellent skills in complex restructuring and insolvency matters, and is praised for his attentive attitude towards clients.
Biner Bähr is an expert on group structures in multiple and diverse industries and sectors, such as department stores, energy suppliers and the automotive industry.

Three leading lawyers are listed at AKIN GUMP STRAUSS HAUER & FELD.
Barry Russell is highly regarded as a trusted adviser to bondholders and on debt finance and restructuring generally. One source says, “He is the best lawyer in England for investors.”
James Roome provides much sought-after advice on cross-border insolvency matters and workouts. One respondent opines, “He is the best lawyer in England for distressed debt matters.”
“Market leader” James Terry is a revered figure in the industry. He counsels hedge funds, bondholders, primary and secondary market investors on multiple issues, including strategy.

ALLEN & OVERY achieves three listings for its excellent work in the field.
Jennifer Marshall advises banking institutions at the highest level. She is frequently called upon for her industry knowledge and her significant experience, and has acted on aspects of some of the largest cases in recent years, including the Lehman Brothers “Waterfall” litigation in the UK Supreme Court.
Ian Field receives high praise for his work in this field. He frequently serves as trusted counsel to banks, bondholders and financial institutions on innovative restructuring cases.
Earl Griffith is highly respected for his restructuring and insolvency expertise and represents both senior and junior creditors, debtors groups and financial institutions.

Top Finnish firm CASTRÉN & SNELLMAN sees two leading lights recognised.
Pekka Jaatinen has over 30 years of expertise in insolvency proceedings in the Finnish market. He receives plaudits for his “in-depth legal knowledge of restructuring and insolvency matters” and is described by one source as “probably the leading insolvency lawyer in Finland”.
Pauliina Tenhunen is a specialist in insolvency matters. She receives high praise from one peer as “a very experienced lawyer with high-quality legal and business skills”.

Finnish giant KROGERUS sees two of its brightest lawyers recommended.
Hannu Ylönen is recognised in the field as the go-to lawyer for large-scale bankruptcies and also acts as an arbitrator in corporate restructurings. One peer recommends him for his “hands-on approach” and his “expertise in big insolvency cases”.
Mikko Tiilikka has “very deep knowledge on company law issues” and is well known as an experienced and highly effective insolvency lawyer.

WELLENSIEK RECHTSANWÄLTE sees two lawyers listed.
Alfred Hagebusch is a leading figure in corporate restructuring, particularly transactions for companies that require restructuring plans. He is renowned for his counsel to corporate entities in crisis situations.
Christopher Seagon has 20 years of experience in bankruptcy matters and is one of the country’s foremost authorities in the field. His deep expertise is owed part to his previous career in banking.

Leading Iberian firm URÍA MENÉNDEZ has two listings.
Alberto Núñez-Lagos is a widely respected figure in the corporate and finance spheres. He is a specialist in restructuring matters and frequently advises leading Spanish companies on issues of insolvency and liquidation.
Duarte Garin has over 15 years of expertise in restructuring and insolvency law and is renowned as one of Portugal’s leading legal minds.

SCHULTZE & BRAUN achieves two listings.
Annerose Tashiro frequently leads on cross-border debt restructuring for German and overseas clients. She is recommended for her insight and her dynamism and is a highly experienced figure in the industry.
Eberhard Braun is a longstanding and highly respected figure in insolvency matters. He has experience of national and international proceedings and acts for both companies and commercial enterprises.

SIDLEY AUSTIN sees two leading lawyers listed.
Kolja von Bismarck advises both creditors and debtors on restructuring and distressed debt. He is one of Germany’s most revered minds in the space.
Patrick Corr is recommended for his skills in corporate reorganisation and his highly respected practice. He has significant experience in Chapter 11 proceedings for international corporate entities.

Boutique firm PLUTA RECHTSANWALTS sees two lawyers recognised this year.
Founding partner Michael Pluta has experience of insolvency matters across Europe, including in Germany, Italy, Spain and Poland. He is an expert on aiding and rehabilitating companies that are in crisis.
Martin Prager is an expert on corporate restructuring and distressed debt. He is renowned for his long-standing expertise and his leading counsel on such matters.

Two lawyers are recognised at ASHURST.
Giles Boothman comes highly recommended for his specialist experience in complex or unique situations, where he is frequently called upon to aid distressed companies, lenders and stakeholders in numerous industry sectors.
Dan Hamilton is one of the go-to lawyers in the UK for complex financial restructurings. He also has a depth of expertise in leveraged and structured finance restructurings where he is similarly highly sought after.

BECH-BRUUN achieves two listings.
Carsten Ceutz frequently acts as restructuring administrator and trustee, and is well known for his knowledge of procedure and his strategic understanding.
Troels Tuxen specialises in insolvency matters relating to national and multinational companies. He is regarded as one of Denmark’s leading figures in the space and a sought-after litigator.

Italian firm GIANNI ORIGONI GRIPPO CAPPELLI & PARTNERS has two lawyers listed.
Rita Gismondi is an expert on commercial insolvency law. She regularly handles high-stakes restructuring transactions and is well known in the market for her formidable capabilities.
Silvio Tersilla is an expert handler of crisis situations; he is often called upon for his keen intellect and advisory capabilities on such occasions.

Helmut Balthasar is a leader in restructuring matters, particularly in crisis situations. His knowledge of financial markets and corporate law makes him one of the most highly regarded practitioners in the space in Germany.
Martin Stockhausen has decades of experience in the financial industry, which he twins with a superb knowledge of insolvency law. He receives plaudits from peers for his excellent body of work.

KIRKLAND & ELLIS sees two lawyers recognised in its German offices.
Leo Plank is a leading name in restructuring and banking law both in Germany and overseas. One respondent says, “Leo is the best lawyer in Germany for US investors.”
Kon Asimacopoulos regularly acts for stakeholders in financial restructuring at a domestic and international level. He is widely regarded as an authority on complex disputes, where he has substantial experience.

Other Leading Individuals

We highlight individuals at other firms who also scored very highly in our research.


Andreas Spahlinger at GLEISS LUTZ is one of the most distinguished restructuring lawyers in Germany and a leader in the corporate field. One respondent says, “Andreas is extremely creative with convincing solutions in every situation.”

 North America

Thought Leaders
1. James H M Sprayregen, PC Kirkland & Ellis, Chicago
2. Josef G A Kruger QC Borden Ladner Gervais, Calgary
3. Kenneth N Klee Klee Tuchin Bogdanoff & Stern, Los Angeles
4. Mark D Collins Richards Layton & Finger, Wilmington
5. Dennis F Dunne Milbank Tweed Hadley & McCloy, New York
6. John Sandrelli Dentons, Vancouver
7. Patrick T McCarthy QC Borden Ladner Gervais, Calgary
8. Thomas B Walper Munger Tolles & Olson, Los Angeles
9. Debra Grassgreen Pachulski Stang Ziehl & Jones, San Francisco
10. Jay A Carfagnini Goodmans, Toronto

 Leading Firms


One of the leading firms on the West Coast, KLEE TUCHIN BOGDANOFF & STERN, sees six of its best-regarded restructuring lawyers listed.
The “very knowledgeable and highly effective” Kenneth Klee is recognised as one of the leading bankruptcy lawyers in the United States. He receives high praise for his deep and longstanding expertise in business reorganisations.
Lee Bogdanoff is a leading name in insolvency-related litigation and is a “household name” in company reorganisations and restructuring.
Michael Tuchin frequently and proficiently represents debtors in Chapter 11 matters. He often handles high-level matters for national and international corporate entities and represents clients including Metro-Goldwyn-Mayer Studios and PacSun.

PACHULSKI STANG ZIEHL & JONES sees six attorneys recognised.
Debra Grassgreen is one of the industry’s leading figures in large Chapter 11 cases. She frequently represents debtors, trustees and creditors’ committees and is praised as “an excellent restructuring attorney”.
Laura Davis Jones receives high praise for her much sought-after debt counsel and is regarded within the industry as an esteemed practitioner.
Richard Pachulski has a keen understanding of corporate matters and has a depth of experience in both in-court proceedings and out-of-court workouts. He is known as an excellent negotiator.

Delaware-based corporate restructuring firm YOUNG CONAWAY STARGATT & TAYLOR achieves six listings.
James Patton Jr is a go-to practitioner on bankruptcy and restructuring matters. He has a particular focus on complex asbestos bankruptcies and is frequently instructed on large-scale cross-border insolvencies.
Robert Brady is one of Delaware’s most experienced restructuring lawyers; he handles significant matters for leading national companies including Polaroid and Continental Airlines.
Pauline Morgan has wide-ranging experience representing debtors, committees and first lien creditors. She is a highly regarded practitioner with three decades of experience in the field.

Six leading legal minds are recognised at international powerhouse SIDLEY AUSTIN.
Jennifer Hagle is a national authority on transactional bankruptcies. She has in-depth experience of creating innovative exit strategies and is recognised as a highly effective operator.
Larry Nyhan is “truly one of the best” in the business, according to sources. He has over 30 years of expertise in corporate reorganisations and Chapter 11 cases.
Bryan Krakauer is a leader on out-of-court restructuring matters and frequently acts as lead counsel to debtors. He is recognised for his highly successful record on corporate reorganisations.

JONES DAY sees five lawyers across the US recognised for their excellence.
“Superstar” Bruce Bennett represents creditors, debtors and entities looking to acquire businesses. He is recommended as a superb lawyer with significant experience acting as lead counsel on historic matters, including for the City of Detroit in Chapter 9 proceedings.
Corinne Ball is an esteemed figure in the corporate restructuring space. She often leads teams on large-scale matters in numerous industry sectors and is an expert on distressed assets.
Heather Lennox acts in nationwide in- and out-of-court corporate and municipal restructurings where she is considered one of the best in the business.

Alan Kornberg is a national authority on corporate reorganisations and Chapter 11 cases. He receives high praise for his expertise advising noteholders, debtholders and consortiums on high-stakes bankruptcy matters.
Andrew Rosenberg handles both debtor and creditor issues. He is renowned for his depth of understanding and strategic thinking when it comes to issues of restructuring in highly leveraged companies.
Brian Hermann is a leading figure in the space and has outstanding expertise in Chapter 11 cases, where he acts for both borrowers and lenders.

Four esteemed practitioners are recognised at WEIL, GOTSHAL & MANGES.
Marcia Goldstein is a well-regarded lawyer who is recognised for her commercially minded outlook in matters of debt restructuring and crisis management.
Matthew Barr has a breadth of experience across numerous industries including retail, telecoms, energy and shipping. He is well known as a problem-solver.

Leading national firm PEPPER HAMILTON sees four lawyers listed.
The “well-known and well-regarded” David Stratton has over three decades of experience in the field and has acted both as lead and co-counsel in high-value bankruptcy matters in the Delaware and Maryland courts.
David Fournier is a leading figure in bankruptcy matters in the US and is recognised by peers as “a highly effective restructuring attorney”.

Delaware-based RICHARDS LAYTON & FINGER achieves four listings.
Mark Collins is one of the country’s foremost bankruptcy lawyers. He has a near-unrivalled level of expertise and peers praise him as “one of the stars of a deep team” who is “well known and well regarded in the sector”.
Daniel DeFranceschi is a highly sought-after adviser to both debtors and creditors. He is a top name in Chapter 11 cases.

KIRKLAND & ELLIS sees three leading practitioners listed.
The “standout” James Sprayregen is one of the industry’s most esteemed figures, with a global presence and reputation. He is frequently called upon to lead complex, high-value Chapter 11 cases and is regarded as a deft and skilful practitioner, both in and out of court.
Marc Kieselstein is “among the best” in the market on corporate restructurings. He is an expert on out-of-court workouts and the selling of financially distressed companies.
David Seligman receives high praise for his long-standing expertise advising both private and public corporations in complex restructuring matters.

WILLKIE FARR & GALLAGHER sees three of its leading names listed.
Matthew Feldman acts for a wide range of clients including lenders, investors, creditors and committees. He is widely known for his experience as an industry strategist, as well as for his innovative legal thinking.
Rachel Strickland is an expert on advising on distressed debt and complex Chapter 11 cases, where she receives high praise from both clients and peers.
Marc Abrams is a leading name in restructuring; he is well known for the depth of his expertise in advising and representing debtors.

Three practitioners are recommended at MILBANK TWEED HADLEY & MCCLOY.
Dennis Dunne represents both debtors and creditors on complex workouts and matters involving distressed assets. He is highly sought after for his leading counsel and is recognised as “one of the best restructuring lawyers working today”.
Paul Aronzon is a leading figure in pre-packaged reorganisations where he is esteemed for his in-depth knowledge and his dynamic thinking.
Gerard Uzzi is “commercial, practical and tough” and receives high praise for his leading record in financial restructuring, both in the US and abroad.

WACHTELL LIPTON ROSEN & KATZ achieves three listings.
Richard Mason has a phenomenal depth of knowledge in distressed assets and is frequently instructed for the depth of his expertise and his reputation as leading figure in the industry.
Scott Charles is recognised as a powerhouse in the New York market. In particular, his market knowledge and experience of high-stakes restructuring matters make him a standout figure.
Harold Novikoff is a leading name in financial restructuring, bankruptcy and debt management and is highly respected for his decades of industry experience.

Two leading practitioners at DAVIS POLK & WARDWELL are recognised.
Donald Bernstein is one of the most eminent practitioners in restructuring law in the US. He is an expert in the gamut of issues and represents debtors, creditors, receivers and acquirers in corporate restructurings. He is recommended by interviewees as “the leading restructuring lawyer for banks”.
Global head of practice Marshall Huebner is another leading lawyer in restructuring matters with a depth of expertise. He frequently acts as lead counsel on high-end matters, including representing the administrators and liquidators in the Lehman Brothers liquidation.

KRAMER LEVIN NAFTALIS & FRANKEL achieves two listings.
Thomas Moers Mayer is recommended as “uber-smart, tough and tenacious” with a leading knowledge of Chapter 11 cases. He has acted for major clients such as General Motors, Chrysler and Patriot Coal.
Kenneth Eckstein is a knowledgeable and highly sought-after lawyer who is recognised by sources as “great in court and at reaching consensus”.


Leading Canadian outfit BLAKE, CASSELS & GRAYDON sees six leading lights recommended.
Kelly Bourassa receives high praise as one of the country’s leading insolvency lawyers and is highly recommended for her invaluable counsel. One source says, “Kelly is a tenacious, intelligent lawyer who represents her clients very well.”
Linc Rogers is a top-quality practitioner in the field of complex corporate reorganisations and distressed debtor-in-possession (DIP) financing. He frequently acts as lead and co-lead counsel for multinational corporations.
William Kaplan QC is a superb litigator with deep experience in corporate insolvency matters. He is a well-known figure who appears regularly in the BC courts, as well as in the Supreme Court of Canada.

GOODMANS, well known for its leading restructuring practice, achieves five listings.
Jay Carfagnini is praised for his cross-border expertise, with sources saying that he is “someone who understands US investors in Canadian restructurings”. His commercially minded outlook makes him highly sought after within the market.
Robert Chadwick is an expert on turnarounds and has a strong record in restructurings for high-level multinational corporations.
Gale Rubenstein handles commercial insolvency and restructuring matters where he is highly respected for his expertise in the financial sector in Canada and across North America.

Five esteemed practitioners are listed at BORDEN LADNER GERVAIS.
The outstanding Josef Kruger QC is a specialist in bankruptcy and insolvency litigation. He is a national leader in litigation and is highly praised for his long-standing experience in disputes and international practice.
Patrick McCarthy QC specialises in energy-related matters and is recognised for his esteemed cross-border practice. One source describes him as “my go-to lawyer in Alberta”.
Alex MacFarlane has a deep understanding of Canadian insolvency law and is frequently sought after for his exceptional abilities acting for debtor corporations, financial institutions and trustees.

DAVIES WARD PHILLIPS & VINEBERG achieves four listings.
“Quality lawyer” Robin Schwill is highly regarded for his critical analysis of insolvency proceedings in order to provide his clients with the best outcome. He is a leader in the corporate space and has a superb expertise working with distressed assets.
Natasha MacParland focuses on bankruptcy, insolvency and debt restructuring. She is a renowned expert on these fields with particular specialisms in turnarounds, work-outs and schemes of arrangement.

Three top names are recognised at FASKEN MARTINEAU DUMOULIN.
John Grieve QC is a leading name in the field of complex reorganisations for commercial entities. He represents a wide range of debtors and creditors and has more than 30 years’ experience in the area.
Kibben Jackson receives high praise for his expertise in insolvency and corporate restructurings. He is frequently instructed by clients for his superb record on cross-border proceedings.
Aubrey Kauffman is a highly regarded practitioner in bankruptcy and insolvency in the Toronto market who has outstanding experience in the area.

MCMILLAN sees three of its leading practitioners recognised.
Andrew Kent is a formidable commercial mind in the field. He is esteemed for his expert counsel and is regarded by one peer as “the top lawyer for banks in Canadian restructurings”.
Peter Reardon is an insolvency law specialist with significant courtroom experience. He is frequently hired to represent clients at the highest levels of the Canadian court system.
Waël Rostom is counted among the leading names in restructuring and insolvency in Ontario. He is highly respected for his expertise in workouts and the sale and purchase of distressed companies.

OSLER HOSKIN & HARCOURT achieves three listings.
Tracy Sandler is an esteemed figure in the space with an in-depth knowledge of recapitalisations, reorganisations and restructuring transactions. Her cross-border expertise makes her highly rated among clients and peers.
Jeremy Dacks is a top-notch name in high-stakes cross-border insolvencies and is regularly instructed to represent clients in the Canadian courts at first instance and at the appellate level.
Sandra Abitan acts for both private and public corporations and is recognised as a dynamic and pragmatic lawyer. She has vast experience in corporate restructurings is well known for her expertise in the financial services industry.

One of the world’s largest law firms, DENTONS, sees two lawyers listed in its Canadian offices.
John Sandrelli has a quarter of a century of experience and is recognised as one of the foremost experts in corporate restructuring. He is widely regarded as having a superlative understanding of insolvency law.
David Mann is frequently sought after for high-level restructuring matters and regularly appears before Alberta’s Bankruptcy Court as well as state and nationwide appeals courts.

MCCARTHY TÉTRAULT sees two esteemed lawyers recognised.
Sean Collins is a long-standing and very well-regarded practitioner who is often called on to act as lead counsel in restructuring cases, where he deploys legal expertise and acute industry knowledge. Philippe Bélanger is a well-regarded litigation specialist . One source says, “Philippe is the most knowledgeable professional in our community.”

Two lawyers are recommended at THORNTON GROUT FINNIGAN.
Robert Thornton is recognised as “one of the best” insolvency practitioners in Canada. He acts as counsel to some of the largest leading corporations and is widely respected as a smooth and steady operator.
DJ Miller is an expert on insolvency and financial litigation. She receives high accolades across Canada for her leading practice and her ability to get results.

Other Leading Individuals


MUNGER TOLLES & OLSON sees Thomas Walper recommended for his depth of expertise in workouts and turnarounds. He is frequently called on to represent debtors, creditors and committees and is well known as one of the market’s most dynamic practitioners.

Rest of the World

Thought Leaders
1. Dominic Emmett Gilbert + Tobin, Sydney
2. David Kidd Linklaters, Hong Kong
3. Robin J Mayor Conyers Dill & Pearman, Hamilton
4. Leon Zwier Arnold Bloch Leibler, Melbourne
5. James Marshall Ashurst, Sydney
6. Scott Atkins Henry Davis York, Sydney
7. Neil McDonald Kirkland & Ellis, Hong Kong
8. Neil Lupton Walkers, Cayman Islands
9. Patrick Ang Rajah & Tann, Singapore
10. Mark Hyde Clifford Chance, Hong Kong

 Leading Firms

One of the foremost offshore firms, WALKERS, sees seven lawyers listed this year.
The “excellent” Neil Lupton receives high praise as a leader in insolvency and dispute resolution. He regularly handles both contentious and non-contentious complex cross-border restructurings.
“Top young partner” Matthew Goucke is a renowned expert on distressed funds. His expertise in investment vehicles makes him top choice for contentious insolvencies.
Colette Wilkins is recommended by multiple sources as a well-known and “excellent” litigator with strong insolvency expertise.
Barnaby Gowrie receives plaudits for his insolvency disputes practice. He is regularly instructed on complex international restructuring matters and is known as “a very sharp and innovative practitioner”.

ASHURST in Australia achieves four listings.
James Marshall is highly regarded for his work with distressed companies; one respondent says, “James is well known and highly respected for his expertise in finance-related restructurings.”
Ross McClymont handles a broad range of restructuring, insolvency and debt recovery matters, and proficiently advises an array of clients in the financial and corporate spheres.

Well-known Antipodean firm MINTERELLISON sees four leading lawyers recognised.
Michael Hughes is a go-to practitioner in non-contentious workouts. He is well regarded for his expertise on regulatory matters and financial restructurings including those involving investment funds.
Michael Langdon is a powerhouse in the financial space; his restructuring and insolvency expertise, both domestic and cross-border, makes him a standout name.

DREW & NAPIER achieves four listings in Asia.
Davinder Singh SC is one of the most esteemed names in the market. With over 30 years of expertise – including two decades as senior counsel – he remains one of Singapore’s leading restructuring and insolvency lawyers.
The “excellent” Sushil Nair is a leading name in restructuring and workouts. He is a giant in the region with an impressive depth of expertise.

Three esteemed practitioners are recommended at RAJAH & TANN.
Patrick Ang handles both contentious and non-contentious restructuring matters and is a well-regarded figure in the corporate space. He is frequently called upon by Singapore’s leading commercial entities for his expertise.

CAMPBELLS achieves two listings.
Guy Manning is one of the Cayman Islands’ leading restructuring experts. He is an established and effective litigation practitioner who is “technical, easy to work with and delivers results”.
The “excellent and pragmatic” Mark Goodman comes highly recommended by peers for his experience representing official liquidators, creditors and shareholders in pre- and post-liquidation disputes. One source says, “Mark is widely regarded as being very user-friendly and extremely commercial.”

GILBERT + TOBIN sees two lawyers recognised.
The “very experienced” Dominic Emmett specialises in non-contentious matters in the financial services sphere. He has deep knowledge relating to distressed debt funds and is a highly effective negotiator.
Simon Lynch is a leading legal mind in corporate and finance matters and is “everything you want in a restructuring lawyer”.

HENRY DAVIS YORK achieves two listings.
Scott Atkins is one of Australia’s leading advisers on insolvency in the financial sphere. He is frequently sought after for complex and high-stakes restructuring disputes and resolutions.
John Martin draws high praise his corporate insolvency and restructuring work, where he is one of the foremost figures in cross-border insolvencies.

KIRKLAND & ELLIS sees two of its leading names recognised.
Neil McDonald is widely regarded as a go-to practitioner on advising and representing distressed companies and financial institutions. He is one of the leading names in the Asia-Pacific market according to our research.
Damien Coles is a leader in the field of special situations financings and distressed acquisitions. He receives high praise for his work in Indonesia, India and Thailand.

Leading Individuals


Leon Zwier of ARNOLD BLOCH LEIBLER continues to be recognised for his esteemed work in corporate restructuring disputes in Australia and globally. One respondent says, “He is the best in the business, particularly in representing US investors in Australian restructurings.”


Robin Mayor of CONYERS DILL & PEARMAN is a "proactive and leading" figure in the offshore restructuring market. She has more than 30 years' experience handling an array of contentious insolvency issues.

Cayman Islands

At HARNEY WESTWOOD & RIEGELS, Ian Mann is widely considered one of the premier offshore restructuring lawyers. His practice includes litigation and dispute resolution, where he is recognised as a go-to figure.

The “highly effective” Marc Kish at OGIER is recommended as a top commercial litigator with an outstanding knowledge of restructuring and insolvency proceedings.

Hong Kong

At LINKLATERS David Kidd is one of the most eminent practitioners in the field. He is frequently sought after for his expertise in distressed debt and enforcement proceedings.

Mark Hyde of CLIFFORD CHANCE is a leading figure in the region for complex cross-border restructurings, who is looked upon for his dependability in a crisis. His clients include prominent names such as Maxwell, China Fisheries Group and the National Bank of Brunei.

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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.

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87 Lancaster Road, London
W11 1QQ, UK