Restructuring Practice Ranks #1 in Debtwire’s 2011 European Debt Advisor Report

Latham & Watkins’ European restructuring team has been ranked #1 by number of deals and #4 by value in Debtwire’s 2011 European Debt Advisory Mandates report.

Latham advised on 13 European restructuring mandates in 2011 with a total value of €8.1 billion.

The research covers all announced distressed and restructuring situations in Europe in 2011 with a deal value of over €100m. During 2011, Latham & Watkins advised on a number of high profile restructurings, including Seat Pagine Gialle, Materis SAS and AfriSam, all of which were counted among the top ten European restructuring mandates by value over that period.

This is the third consecutive year that Latham & Watkins’ European restructuring practice has been ranked #1 for restructuring deal volume by Debtwire.

John Houghton, Head of European Restructuring and Global Co-Chair of the Restructuring, Insolvency and Workouts Practice Group at Latham & Watkins, said: “It is a testament to the broad and strong European platform and the deep industry expertise of our European restructuring team.”