Each chapter is a detailed case study, by key lawyers centrally involved, on leading restructurings including McCarthy& Stone, IMO Carwash, Monier, Countrywide, Autodistribution, SGD, La Seda de Barcelona, Schoeller Arca Systems, Risanamento SpA, Almatis, Wind Hellas I and II, European Directories and Rodenstock.

Over the past decade in Europe, the number of companies with complex corporate and financing structures has increased to levels unseen at any time in history.While efforts have been made by the European Union and various jurisdictions to improve their restructuring and insolvency regimes, restructuring practitioners and their clients have had to extend the boundaries of what was supposed to be possible in order to restructure corporate groups' balance sheets in a manner that is reflective of value and that preserves the going concern.This publication brings together Europe's leading restructuring lawyers who were and remain instrumental in shaping the way that European restructurings are conducted and implemented today. Each chapter is a detailed case study, by key lawyers centrally involved, on leading restructurings including McCarthy & Stone, IMO Carwash, Monier, Countrywide, Truvo, Autodistribution, SGD, La Seda de Barcelona, Schoeller Arca Systems, Risanamento SpA, Almatis, WIND Hellas, European Directories and Rodenstock.This practical handbook represents an unprecedented record of the leading restructurings of the era by those involved and leads the reader through each in detail, unlike any other publication to date. It is an invaluable tool for restructuring and insolvency practitioners throughout Europe.

Introduction 5Kon AsimacopoulosKirkland & Ellis LLPJustin BickleOaktree Capital ManagementMcCarthy & Stone 7Richard TettFreshfields LLPIMO Carwash 19Adam Al-Attar3-4 SouthSquareMonier 37Melissa CoakleyMark HydeClifford Chance LLPCountrywide 51Justin BickleOaktree Capital ManagementYushan NgCadwalader Wickersham & Taft LLPTruvo 61Karen McMasterYushan NgCadwalader Wickersham & Taft LLPAutodistribution 75Olivier AssantNicolas LaurentSamuel ParienteBredin PratSGD 87Martin GrahamOaktree Capital ManagementEduardo J FernandezWillkie Farr & Gallagher LLPLa Seda de Barcelona 103Carlos GilaGila & CoRichard TettFreshfields LLPAlan TilleyBryan Mansell & Tilley LLPSchoeller Arca Systems 115Holly NeavillLatham & Watkins LLPTeun StruyckenNautaDutilhRisanamento SpA 131Bruno CovaPaul Hastings LLPAlmatis 153Kon AsimacopoulosAdam PaulKirkland & Ellis LLPJustin BickleOaktree Capital ManagementWIND Hellas 163Ben DaviesWhite & CaseMark GlengarryMorgan StanleyEuropean Directories 175Kon AsimacopoulosPartha KarElaine NolanFrederick PowlesKirkland & Ellis LLPRodenstock 187Florian BruderWolfgang NardiLeo PlankFrederick PowlesKirkland & Ellis LLPConclusions: lessons learned and emerging themes 197Kon AsimacopoulosKirkland & Ellis LLPJustin BickleOaktree Capital ManagementAbout the authors 199