Global Restructuring Review (GRR), the only news and analysis service focused on cross-border restructuring and insolvency law, has once again recognized Squire Patton Boggs as one of the world’s leading law firms for cross-border restructuring and insolvency matters in its prestigious GRR 100.
Squire Patton Boggs was recognized for “managing complex, multi-jurisdictional restructurings and contentious insolvency matters” and for the scale of its practice which “operates through integrated teams in the US, Europe and Asia-Pacific, with specialists based in major financial centers including London, Paris, New York, Sydney and Tokyo.”
Client highlights include:
- Serving as bond and disclosure counsel to Puerto Rico Electric Power Authority (PREPA) in the PROMESA Title III restructuring of approximately US$8.5 billion in debt.
- Advising trustees of two defined benefit pension schemes - with combined liabilities of approximately US$2 billion - on the impact of Thames Water’s contested restructuring plan and potential entry into a special administration regime.
- Representing a group of North Carolina insurers in contested Chapter 15 proceedings of multiple Bermuda-based insurance companies under liquidation in Bermuda in disputes involving approximately US$2.1 billion in claims.
The GRR 100 is widely regarded as one of the most authoritative global benchmarks for legal advisors in the restructuring space. Selection is based on in-depth independent research into each firm’s expertise, the sophistication and complexity of its international matters, its team strength, and its performance across major cross-border cases.
Squire Patton Boggs has one of the largest global restructuring and insolvency practices in the legal industry, with more than 130 lawyers across 36 offices in 15 countries collaborating on domestic and cross-border restructuring matters. In the last 10 years, the team has represented parties in insolvency proceedings across more than two dozen countries around the world.