Freshfields was awarded ‘International Firm of the Year’ at last year’s Global TRI Awards, a recognition of its world-class restructuring work across borders, legal systems, and client profiles.
With standout mandates in Europe and beyond, thought leadership in restructuring law reform, and deep participation in global professional bodies, Freshfields stood out as a truly global force in insolvency and restructuring.
Industry leadership
Freshfields’ restructuring team advised on numerous landmark transactions, including the €2.05bn Casino restructuring in France, the €830m Takko Fashion restructuring via U.S. legal mechanisms, and the multi-billion WHOA proceedings for McDermott in the Netherlands.
These engagements reflect Freshfields’ versatility across jurisdictions and capital structures, from senior creditors to shareholders.
Global influence
In addition to transactional excellence, Freshfields lawyers play leading roles in the global legal community.
Team members chair and serve on bodies including the City of London Law Society, INSOL, IWIRC, and the Insolvency Lawyers’ Association.
They regularly present at top-tier events such as INSOL San Diego, AFME Frankfurt, and the ABI Bankruptcy Conference in New York.
A truly global practice
Freshfields operates seamlessly across regions, handling cases with stakeholders in the UK, EU, U.S., MENA, and Asia.
Recent work includes mandates for officeholders, creditors, debtors, and shareholders in restructuring situations involving Thames Water, People Energy, GTLK, OQ Chemicals, and Cazoo.
This broad portfolio confirms its reputation as the go-to firm for cross-border restructuring challenges.
Judges’ comments
Judges commended Freshfields for its wide-reaching and high-quality cross-border work, calling the submission “international in scope and impressive in complexity.”
They praised the firm’s ability to manage legal intricacies across jurisdictions, and its leadership on cutting-edge restructurings.
All data and examples are based on Freshfields’ submission to the Global TRI Awards 2024.