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Simpson Thacher Partners Comment on U.K. Restructuring Trends and Practice Launch
09.14.21
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Restructuring Partners Adam Gallagher and James Watson were quoted in an article published by The Lawyer titled, “Simpson Thacher hires seven-strong group for new restructuring practice.” The article highlighted the Firm’s recent launch of its U.K. Restructuring Practice with a strong team. James said, “We have strategically amassed a top-rate and dynamic team of 10 lawyers who join our well-established New York team to form a global restructuring practice with substantial depth and expertise to serve clients across the capital structure.” Adam noted the team’s broader experience as a perfect fit for Simpson Thacher’s London capabilities, saying, “In addition to core restructuring, insolvency and special situations experience, many of us have wider finance-focused and contentious experience that marries up seamlessly with Simpson Thacher’s fantastic corporate, private equity, capital markets and disputes capabilities in London and around the world.”
In addition, both Partners commented on recent developments within U.K. restructuring laws, including the implementation and early usage of the U.K.’s Restructuring Plan rules and recent changes to the Pensions Act.
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