Ogier has been named in the annual GRR 30 as a leading adviser to cross-border restructurings and insolvencies. This is the first year Ogier has achieved a top 30 ranking in addition to the GRR 100.
As 2021 draws to a close and government financial support introduced during the pandemic is steadily withdrawn, restructuring, insolvency and corporate recovery practitioners are braced for an increase in demand. For 2022, a rise in lender enforcement resulting in formal insolvencies is expected. This anticipated demand for restructuring and insolvency legal support will come not only from London but also Europe, the US, the Middle East, and the greater China region, among other areas.
Ogier's global Restructuring and Corporate Recovery team is well positioned to meet market need by drawing on the creativity, knowledge and experience of the entire firm across multiple disciplines to provide responsive and commercial solutions for clients in all our jurisdictions.
Restructuring and Insolvency specialist Mathew Newman heads the global Restructuring and Corporate Recovery team. He said: "Our expertise extends to all aspects of restructurings from consensual workouts to contentious schemes of arrangement. The close working relationship between our contentious and non-contentious teams across all of our jurisdictions means we are ideally placed to advise us in the most difficult and unpredictable of distressed situations."
As a leading offshore law firm, Ogier maintains a close working relationship with the regulators in the BVI, Cayman, Guernsey, Jersey and Luxembourg and our team includes partners who worked through the 2008 financial crisis and who drove the restructuring and insolvency work that flowed from it.
"This continued, and increased, recognition by the Global Restructuring Review confirms that Ogier's large, experienced, multi-disciplinary and multi-jurisdictional team has the experience and capacity to react swiftly in challenging times and take on the most demanding and complex cross-border matters," said Mathew.