News
Colin Ashford & Richard Obank join BCLP’s Restructuring & Insolvency team
Jul 04, 2022Summary
International law firm BCLP has strengthened its global Restructuring & Insolvency practice with the hire of two highly experienced and well-regarded partners, Colin Ashford and Richard Obank. They join BCLP today from law firm Brown Rudnick and are based in BCLP’s London office.
Colin’s experience spans the breadth of insolvency and restructuring with a focus on contentious issues and investigations and he has worked on some of the largest insolvencies in the UK. This has included disputes and investigations on behalf of a range of insolvency practitioners, directors and creditors across sectors such as transport projects, retail and engineering.
Richard’s extensive career has seen him advising on high profile, complex distressed M&A mandates and restructurings, often with an international element, across a wide range of industry sectors. He acts regularly for corporates, lenders, PE investors, funds, financial advisors, and insolvency practitioners. He has a proven track record acting for boards of directors in situations where there is an urgent need to implement a restructuring with the aim of safeguarding the position of stakeholders and maximizing value.
As part of the wider Corporate & Finance Transactions practice, the Restructuring and Insolvency practice provides a range of business-advisory and crisis-management skills, including insightful and practical guidance to parties in situations where companies face the risks and implications of insolvency. The team regularly advises on a wide range of financial, corporate, and real estate restructuring and insolvency matters, with a particular focus on multi-jurisdictional, highly complex, and challenging cases. They are also able to regularly draw on the experience of other lawyers in the firm, including those focusing on antitrust, employee benefits, insurance, M&A, securities, tax and litigation.
The arrival of Colin and Richard follows on from the recent announcement of partner Mike Danielewsky, who is joining the Restructuring & Insolvency team in Frankfurt.
Partner & Regional Practice Group Leader, Finance Transactions, Russell Clifford said: “We are delighted to welcome such a high quality restructuring team to complement our full service London practice. Their wealth of experience, coupled with their vision and insight of the market, will build on our strong restructuring capabilities across the US, France and Germany.”
Added Richard and Colin: “In joining BCLP’s full service platform we’re joining an organization whose purpose, vision and strategy aligns with our goals and ambitions, and we look forward to collaborating with our new colleagues across the global firm to deliver excellent advice to clients.”
Related Practice Areas
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Restructuring & Insolvency/Special Situations