Kirkland & Ellis International LLP

The ‘hardworking’ team at Kirkland & Ellis International LLP provides ’commercial, practical and user-friendly advice’ to a varied mix of creditor and debtor stakeholders on many of the highest-profile European restructurings in the market. The firm’s stellar roster of private equity sponsor clients continues to bring a significant volume of instructions, both from a defensive standpoint for portfolio companies as debtors and for these funds as investors in restructuring situations. In this context, the team is well-versed in utilising a myriad of restructuring/insolvency tools, including schemes of arrangement and UK restructuring plans, as well as in relation to clients outside the private equity sphere, including corporate debtors and ad-hoc creditor groups. Kon Asimacopoulos is frequently at the forefront of the most high-profile cross-border mandates for both companies and investors, taking on work involving complex financial products throughout the capital structure. Sean Lacey is valued by bondholders for credit-led restructurings, as well as for special situations, where he is appreciated for his ‘balanced consideration of legal, commercial and broader relationship issues’. Partha Kar co-heads the team alongside Asimacopoulos.