Allen & Overy announces the appointment of Tim Watson as a restructuring partner into its London practice. Tim re-joins A&O from a leading global institutional investment management firm with assets under management in excess of USD30 billion, where he has spent the past four years working closely with and advising the distressed investment desk on transactions across Europe and Asia Pacific. Prior to this he was a senior associate in A&O’s restructuring team.
Ian Field, head of the global restructuring group said: “Tim has developed an excellent reputation in the funds and distressed debt world. Funds and asset managers occupy a central role in restructurings, so we’re excited to bring Tim back to A&O to share his knowledge of working for one of the most highly regarded investment managers in the market. The way in which Tim has come full circle, bringing the combination of his A&O and fund heritage back to our firm, is fairly unique in our industry and gives us a real insight into what clients need from their legal advisers.”
Commenting on the London restructuring market, Earl Griffith, managing partner of the London restructuring group said: “We are currently acting for various debtor and creditor side stakeholders, including funds, on many of the biggest and most complicated restructurings in the market including Steinhoff, Interserve, Noble Group, Debenhams, New Look, General Healthcare Group, IKKS, Seven Energy, Abraaj, Aegean Marine, Al Jaber, OTAS, OW Bunker Group, Interpipe and Marme. Tim joining us as a partner will further enhance the existing bench strength and depth of our London and international restructuring practices.”
Commenting on the growth of our offering for funds and alternative investors, Philip Bowden, co-head of our global Banking practice said: “Across our international network, we’ve been acting for a wide variety of funds, asset managers and investors for many years now. Our particular skills in complex cross-border investment work, alongside our leading finance and restructuring expertise is a compelling offer. The fact we can support alternative investors with advice and execution on anything from fund establishment and lending to navigating the complex regulatory and restructuring landscapes means we can operate as a one stop shop for these clients.”
Tim will start his role on the 1st April 2019.
Source: www.allenovery.com
