The IFT Publishes Article on S&C’s IFT Award-Winning Towergate Restructuring MatterAugust 26, 2016
In its August 2016 SwIFT Special Edition issue, The IFT published an article titled “'Jengagate'? A Towering Turnaround Background,” which described the restructuring of the U.K. insurance intermediary Towergate. S&C won the IFT Adviser of the Year 2015 award for its representation of the ad hoc committee of Towergate Insurance Group senior secured creditors in the restructuring of Towergate. The article discussed various restructuring strategies and scheme structures from the matter, as well as interesting learning points from the restructuring.