Global Restructuring Review recognizes Hogan Lovells as one of the top 10 global law firms for restructuring and insolvency matters

Global Restructuring Review recognizes Hogan Lovells as one of the top 10 global law firms for restructuring and insolvency matters

Awards & rankings | 07 December 2020

Global Restructuring Review recognized Hogan Lovells as one of the top 10 global law firms for restructuring and insolvency matters, placing the firm #8 in the GRR 30, a ranking of the standout law firms that comprise the GRR 100, a global guide to the world's leading law firms for cross-border restructuring and insolvency matters.

GRR ranked Hogan Lovells in the top 10 based on the size of our restructuring and insolvency team, number of countries served (we have over 75 restructuring lawyers on the ground in 17 countries), hours billed, types of clients attracted, the value and volume of cases worked on, the level of complexity and innovation that was required in individual cases, and recent representations, amongst other factors. The firm was noted for pioneering "first to test major new legislation" experience, such as France's accelerated safeguard proceedings and our shaping of recent reforms in Italy.

The publication cited Hogan Lovells as a "major player in restructuring for over 70 years" noting our historic involvement in some of the most complex and consequential global restructurings in history, including banking group BCCI, Lehman Brothers, energy producer Abengoa, photography company Eastman Kodak, car parking multinational APCOA, and consumer electronics group Akai (the largest ever corporate collapse in Hong Kong). The firm was also extolled for more recent representations, including shoe retailer Aldo, European agriculture and food conglomerates Mriya Agro and Agrokor, fishmeal producer China Fishery Group, the Mexico City Airport Trust, and the restructuring of over US$17bn of Ecuador's debt, one of the largest such restructurings ever.