Ashurst LLP‘s practice spans the full range of restructuring, insolvency and special situations, with a strong emphasis on handling complex mid to large-cap deals, including many of the most sophisticated recent transactions in the French market. In particular, the team has excellent credentials in major cross-border restructurings, including those involving distressed listed companies, and in representing creditors, sponsors and new money providers (especially banks and private equity and hedge funds). Noam Ankri, who is well regarded for his expertise in high-yield bonds in French restructurings, leads the practice. Elsa Decourt is also a key name for cross-border restructurings.
L’éditorial du Legal 500
- Profil
Témoignages
Collectés indépendamment par l'équipe de recherche du Legal 500.
‘Very wide range of specialties’
‘I really appreciated the expertise and availability of Noam Ankri, Elsa Decourt and Astrid Hubert-Besnoit.’
‘Solid and close-knit team able to carry out large-scale projects and to intervene alongside creditors in market cases in order to defend their interests both defensively and more offensively when the conditions are right.’
‘Noam Ankri is the conductor. He is the one who leads his team and is in direct contact with customers on difficult negotiation calls. He is particularly attentive to clients and has a good knowledge of the expectations of hedge funds.’
Clients clés
- Boussard & Gavaudan
- Goldman Sachs
- Anchorage Capital
- BlackRock
Points forts
- Advising the steering committee of the unsecured creditors of the listed company Casino Guichard Perrachon, namely the French law unsecured notes issued under the company’s EMTN programme maturing in 2024, 2025 and 2026, in connection with the approx. €7 BN financial restructuring of the company.
- Advised the bondholders' steering committee in the financial restructuring of Atos, which announced the signing of a lock-up agreement setting the terms of its financial restructuring of close to 5 billion euros with the creditors making up the bondholders' steering committee and the group's main banks.
- Advised Goldman Sachs, ODDO BHF and Boussard & Gavaudan in connection with Solocal's restructuring, which has now opened new mandat ad hoc proceedings to initiate discussions, on a confidential basis, with its financial creditors under the aegis of a court appointed mandataire ad hoc with the view to negotiate the 2020 deal.
Avocats
Les grands avocats du marché
Avocats associés reconnus parmi les leaders du marché par leurs pairs et leurs clients, régulièrement présents dans les grands dossiers dans lesquels ils sont au premier plan.
Meilleurs collaborateurs
Jeunes avocats collaborateurs ou counsels qui se distinguent régulièrement par leur présence dans des dossiers importants du marché, et qui sont identifiés par le marché comme de jeunes talents à suivre.
Responsable de la pratique
Noam Ankri
Autres avocats clés
Elsa Decourt; Astrid Hubert-Benoist