'Excellent strength in depth in the team and very client-friendly
service delivery. One of the best restructuring teams to deal with
in London in my view.' 'Brilliant team that are always available to support with quality
and practical advice.' 'Offer practical and workable solutions to complex situations.
Always bring a commercial angle to recommendations.' - Legal 500
We are looking for an associate to join our well regarded
Restructuring & Insolvency team. The position will be based at our
London office. We are looking for either an Associate or Senior
Associate with strong contentious insolvency credentials.
The practice
We undertake the full range of stressed and distressed work including
advising on pre-insolvency operational and financial restructuring and
turnaround through to insolvency litigation, enforcement and related
commercial litigation. Where appropriate, we also undertake insolvency
work including company voluntary arrangements, administrations,
receiverships and liquidations. Our clients range from clearing banks,
to corporates, to insolvency practitioners. We also work with private
equity houses and turnaround professionals.
We have good relationships with key financial-sector players in this
area including a number of major banks, alternative financial
institutions, and the FSCS. We have strong working relationships with
leading insolvency practitioners, including Alvarez & Marsal,
Interpath, Teneo, PwC, AlixPartners, FRP, Grant Thornton, and BDO. We
undertake pension restructuring work (we are on the PPF panel) and
have considerable expertise in a range of sector areas that are
currently encountering financial difficulties, such as retail,
financial services, digital business, energy and renewables, real
estate & infrastructure, and leisure & hospitality.
Reflecting our growth and increased prominence in the market, we have
continued to win appointments on major restructuring and insolvency
assignments, a selection of which are outlined in the 'Work
highlights' section below. Our work on Wirecard was nominated for the
Restructuring Team of the Year award at The British Legal Awards 2022.
Over recent years we have experienced significant growth in high
profile cross-border mandates. Our cross-border expertise has grown
partly due to our ability to leverage our flourishing international
office network, which now includes restructuring specialists in
Amsterdam, Madrid, Milan, Munich, Paris and Warsaw.
Following the strategic recruitment of a partner specialising in
contentious insolvency work, the team is looking to recruit an
associate, or senior associate, to assist in growing that arm of the
practice. This is an exciting role, with scope to help shape a
strategically important division of an already varied and successful
practice. This position might suit applicants from either a litigation
or restructuring team with strong litigation experience.
The team
The team works cross-office in London and Bristol. The core team is
made up of four Partners, one Legal Director, two Associate Directors,
one Senior Associate, one Associates, one Trainee Solicitor, and one Paralegal.
Work highlights
Advising the administrators (Alvarez & Marsal) on the
administration of Railsbank (trading as Railsr), a complex insolvency
of a regulated entity.
Acting for the special administrators (Interpath) of Viola Money
(Europe) Limited (in special administration) in the precedent-setting
first use of the new Payment and Electronic Money special
administration regime.
Advising Wirecard Card Solutions Limited on the disposal of its
business and assets as a going concern and subsequently advising the
liquidators on its solvent wind-down.
Advising the administrators (FRP Advisory) of Xpress Money Services
Limited (in special administration) on the second use of the new
Payment and Electronic Money special administration regime.
Advising the administrators (Teneo) in connection with the
administration of Midas Construction Limited (a business with a
turnover of c. £300m) and related entities.
Advising the administrators (Interpath) on the successful sale of the
business and assets of Castleoak Offsite Manufacturing Limited and the
assignment of its leasehold property following its entry into liquidation.
Advising the administrators (Alvarez & Marsal) of Avro Energy
Limited (in administration).
Advising the administrators (FRP Advisory) of Bonmarché, The
Edinburgh Woollen Mill, and Peacocks.
Advising administrators (AlixPartners) of Agent Provocateur on a
pre-packaged sale. A number of parties submitted offers for the
business, leading to negotiating and documenting multiple transactions
concurrently and the secured lender being repaid in full.
Advising Specialist Aviation Services Limited (SAS), and its joint
administrators from FRP Advisory, on a complex sale of the aviation
provider's business, maintaining continuity for air ambulance services
across the South of England.
Advising the administrators (Wiggle) on the trading administration of
Wiggle and Chain Reaction, and a sale of its business and assets.
Technical skills and experience
You will have gained strong experience in litigation, whether in a
general litigation setting or specifically in Restructuring &
Insolvency litigation. As a guide, due to the nature of the work and
the structure of the team, we are looking to appoint either an
Associate or a Senior Associate in this area, although we will
consider candidates with more or less experience.
Your career development
Like all our lawyers, you will benefit from our multi-award winning
career development programme. At each stage of your career this
provides you with:
clear expectations of your role and what it takes to
progress; • high quality clients and work, with early
responsibility and client exposure; • thorough assessment and
individual feedback from a range of experienced colleagues; •
robust technical training with early skills-based development,
increasingly tailored to you; and • reward for your
contribution, progression, and potential, rather than based solely
on PQE or tenure.
Salary and benefits
We offer competitive salaries and generous benefits.
For more information or to apply
At Osborne Clarke LLP we welcome direct applications - if you would
like any further information about the role, or the firm, we would be
delighted to hear from you. Please contact, in complete confidence,
Angharad Jenkins in the Recruitment team on 0117 917 3127 or email angharad.jenkins@osborneclarke.com.
At Osborne
Clarke we value difference and encourage applicants from all
social backgrounds, ethnicities, disabilities, gender identities, and
sexual or romantic orientations. We want everyone to feel that OC is a
place where you can be yourself and where you belong, and our range of
interest groups and diversity
networks - not to mention our great teams - are a part of making
that a reality.
Being an inclusive
employer is important to us and we are committed to ensuring every
applicant's recruitment experience is free from unnecessary barriers.
We have made a number of external commitments such as the Race
Fairness Commitment and Women in Law Pledge, and are working with
organisations like Stonewall to become a more inclusive employer. We
want you to be able to show us your best during the recruitment
process. If you require any adjustments
to be made during the application, interview process or when working
with us, please let us know.
If you have a dis/ability+, to include physical disability, hidden
disability, long-term health condition or neurodivergence and meet the
requirements listed in this job advert, we would be delighted to offer
you a guaranteed interview. We want you to be able to show us your
best during the recruitment process.
We support working families via a range of family and caring friendly
policies and will accommodate flexible working where we can. We value
the health and wellbeing of our people: for example, we're signatories
to the Mindful Business Charter, have an active network of mental
health champions and offer free
initiatives and flexible benefits to all our people.
Although we include closing dates for our roles as a guide, we review
and progress applications on a rolling basis.
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