Clients and work in this area include:
- Acted for more than 40 issuers of Lehman arranged/originated CMBS and RMBS notes totalling more than €bn
- Advising Hatfield Phillips, Capmark, Barclays Capital Mortgage Servicing and Morgan Stanley Mortgage Servicing with respect to their roles as servicer and special servicer on a significant number of the largest CMBS issues
- Acted for the business and then the administrators, Deloitte, of the shoe retailer Stylo on a proposed CVA and then a sale of 160 stores (including brands Barratts and PriceLess) backed by Lloyds
- Acting for Lloyds Business Support on a variety of restructuring projects across a range of industries
- Acting for the RBS Global Restructuring Group on a variety of restructuring projects across a range of industries
- Advising Lehman Brothers Treasury Company B.V. (in bankruptcy) in relation to its more than €bn in outstanding structured debt and its claims against other Lehman group entities in relation thereto
- Currently advising The Bank of New York, Mellon in its capacity as trustee and cash manager in relation to a securitisation of Russian residential mortgages.
- Advising in respect of defaults and claims concerning freight futures agreements, frequently concerning untested interpretations of the 1992 ISDA Master Agreement.