Insolvency and restructuring

Raising finance

Julia Salt and Ben Conway give the lowdown on methods of commercial aviation funding Aviation finance is the generic term used for activities relating to the business of providing funding for participants in the commercial aviation arena. This funding can be supplied through a variety of structures, all with the aim of providing financing solutions […]

The lone rearranger

The doyen of corporate restructuring is now at Nomura. Dearbail Jordan talks to Richard Gitlin about Maxwell, the IMF and being big in Japan Culture is an important issue for Richard Gitlin. The former Bingham McCutchen partner quietly glides into the office within the rabbit warren that is Nomura’s London branch and perches on the […]

Sidleys and Dentons in heavyweight restructuring

Sidley Austin Brown & Wood and Denton Wilde Sapte are advising Federal Mogul Corporation in one of the largest cross-border restructurings to date.Federal Mogul’s UK and US subsidiaries simultaneously filed petitions on 1 October for administration and chapter 11 proceedings respectively. Sidley’s US office has a longstanding relationship with Federal Mogul and brought in Dentons […]

Nicholsons boosts insolvency

Robin Tutty has left Fox Williams, where he was a partner, to become joint head of insolvency at Nicholson Graham & Jones. A non-contentious insolvency specialist, Tutty will oversee the Nicholsons practice in conjunction with contentious expert Tony Griffiths.Nicholsons managing partner Michael Johns said that the appointment was the result of a concerted effort to […]

Bevan Ashford launches new assault on Bristol insolvency

Bevan Ashford is to launch a dedicated insolvency practice from its Bristol office with the hire of Laytons’ highly-rated Bristol head of insolvency Gordon Bon. `Bon will complement Bevan Ashford’s existing insolvency practice led at the Exeter office by Louise Wilkinson. Insolvency assistant Claire Cole is also moving from Laytons to Bevan Ashford.`Bon’s practice is […]

Keep on keepin’ on

Head of Weil Gotshal & Manges’ London office Mike Francies remains philosophical about the glut of departures that has hit the US firm Mike Francies’ main worry last week was whether he would fit into his suit for his son’s barmitzvah. Not how, as head of Weil Gotshal & Manges’ London office, he was going […]

Sears moves firm for more money

Leading travel insolvency practitioner Trevor Sears is quitting Kingsford Stacey Blackwell for Davenport Lyons, giving the firm an insolvency capability for the first time. Sears has been a partner at Booth & Blackwell, which merged with Kingsford Stacey three years ago, since 1973. But last summer he decided to move, predominantly because of concerns over […]

The insolvency lawyer versus the athlete

When head of Edge Ellison’s insolvency practice John Sullivan picked up the baton for a broke British Athletics Federation in 1997 he did not expect to be fighting an athlete’s claims in the House of Lords. Claire Smith reports. When John Sullivan returned from his summer holiday two years ago to learn that the governing […]

Adrian Harris

Adrian Harris remains undaunted by the prospect of long working hours at US firm O’Melveny & Myers- he’s simply given up all his hobbies, writes Sean Farrell Much is made of the long hours worked by English lawyers for US firms, but Adrian Harris is undaunted. The new partner at US firm O’Melveny & Myers’ […]

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Dibbs’ saint turns sinner

When Paul Rhodes quit as Dibb Lupton Broomhead’s managing partner, his colleagues speculated he was through with legal practice. But the man who did much to pioneer Dibbs’ rottweiler image is back – and he has gone to the aid of its arch-rival. By John Paul Flintoff Paul Rhodes, the man who stamped his aggressive, […]

Stephen Gale

Sean Farrell talks to Stephen Gale, the man who is due next April to be only the second lawyer to take the helm as president of the Society of Practitioners of Insolvency. The words “overworked” and “lawyer” are so often used together these days that they should be entered in the dictionary as one. But […]