242
Birketts LLP
251
Top 10 of 1,011 law firms for Loan Restructurings, Banking
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Loan restructurings cover the renegotiation of existing loan facilities to adjust terms, interest, covenants, repayments or security arrangements when a borrower faces difficulty meeting obligations. A solicitor in this area drafts and negotiates forbearance agreements, facility amendments, waivers, and new security packages, reviews related documentation, and coordinates with lenders, borrowers, and regulators to preserve value and avoid default. The work often follows financial distress, restructurings, or crisis planning, with emphasis on practical, enforceable solutions.
What a solicitor handles in these matters
The solicitor handles drafting and negotiating forbearance and amendments, reviewing facility agreements, security documents, and intercreditor arrangements, and coordinating with lenders, borrowers and advisers to balance risk, enforceability, and commercial outcomes during turnover of debt facilities.
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