Market report: corporate restructuring
IHL interviews Shearman & Sterling’s restructuring and insolvency team to find out the latest trends in this constantly changing area.
‘The current market is very different to what it was like this time last year. There are many more opportunities for investors to be looking at, and that will only become greater as the year develops.’
As this comment from Sam Brodie, restructuring partner at Shearman & Sterling encapsulates, the restructuring market is in flux. Since the pandemic hit, law firms have braced for a deluge of insolvency and restructuring work. In fact, faced with a unique crisis and a backdrop of large corporates with capital structures more complicated than ever, many firms bolstered their restructuring teams. Brodie was himself part of this trend, having joined Shearman in March 2021 from Akin Gump.
