S&C’s European Restructuring Practices were again recognized in Turnarounds & Workouts’ 2025 Special Report, which highlights the most experienced restructuring lawyers in the European region at major U.S. law firms. The report recognized partners Chris Beatty and Max Birke.
The report cited the Firm’s work on recent high-profile bankruptcy and restructuring matters, including for:
- Ambatovy Minerals on its debt restructuring.
- The ad hoc group of convertible bondholders of Arrival on its initial rescue financing and ongoing administration.
- Barclays Bank plc as administrative agent and sole bookrunner to Cineworld plc in its Chapter 11 restructuring.
- Fidera with respect to the restructuring of bonds of German real estate company Demire in a highly complex restructuring under the German Bond Act (SchVG).
- The global debtors of FTX Trading in its Chapter 11 bankruptcy and cross-border insolvency.
- A group of lenders in the comprehensive restructuring of Markbygden, Europe’s largest wind farm. European Counsel Anna Delaud advised on this matter.
- Meyer Burger on U.S., UK and German M&A and restructuring/insolvency matters in connection with the proposed sale of all or a portion of Meyer Burger’s assets on a solvent or insolvent basis which includes advice on certain bridge financing matters.
- The secured lenders of Mithra Pharmaceuticals in the rescue financing and bridge to enforcement sale in connection with the Belgian insolvency of Mithra.
- Volkswagen on all aspects in connection with the crisis of Swedish battery manufacturer Northvolt that led up to Chapter 11 proceedings in the US and subsequently Swedish liquidation insolvency proceedings as well as German StaRUG proceedings for its German subsidiary.
- Fidera as lead senior creditor in the restructuring of Project Fürst (Project Lietzenburger Strasse), initially in consensual restructuring attempts, following that in the Part 26A €1 billion+ debt restructuring plan and in related proceedings in Luxembourg and Germany.