Alex Wood is a partner in our Financial Restructuring & Insolvency practice based in London.
Alex is experienced in all aspects of business restructuring and insolvency and focuses on complex insolvency work and financial services (including insurance) insolvency and restructuring. He has expertise in the design and implementation of complex schemes of arrangement, cross-border restructurings and formal insolvency procedures.
Alex is recognised across a number of leading legal directories. He is recommended in Legal 500 UK and in Chambers UK where he has been described by clients as a “good negotiator who reads situations well” with a “rare ability to grasp detailed technical concepts and adapt … advice accordingly.” Alex is also recognised as a ‘Thought Leader’ for Restructuring & Insolvency in Who’s Who Legal and is highly recommended in IFLR1000 UK where clients describe him as “very technical”, and his “know-how of English law, particularly in schemes of arrangement, is outstanding.”
- Ambac UK in connection with the restructuring of Ballantyne Re plc through the first major Irish creditor scheme of arrangement. Finalist for IFLR Restructuring Transaction of the Year 2020.*
- Certain bondholders in connection with Argentine sovereign debt.*
- Provisional and official liquidators of Abraaj, one of the largest fund collapses in recent history.*
- Various sponsors in connection with portfolio company restructurings.
- Various credit or hedge funds in connection with distressed borrower restructurings.
- Westinghouse Electric Company in connection with global, European and financing issues concerning its Chapter 11, one of the largest Chapter 11 cases of this cycle. Finalist (Runner Up) for Legal Business Restructuring Transaction of the Year 2019.*
- Various debtors in connection with scheme of arrangement related issues, including Doncasters and syncreon.*
- Claire’s Accessories in connection with its Chapter 11.*
- The ad hoc committee of senior secured noteholders in connection with the restructuring of Edcon Limited, implemented by way of South African compromise (local equivalent to a scheme of arrangement).*
- Franklin Templeton and other bondholders in connection with Ukraine’s sovereign debt, City of Kiev’s debt and the issue of ground-breaking GDP linked securities. Finalist for Legal Business Restructuring Transaction of the Year 2017.*
- Advent in connection with the restructuring of Towergate, one of the largest high-yield restructures of 2015.*
- Lehman Brothers in connection with its restructuring including the ground-breaking sale of its sub-debt claim against LBIE to a JV with distressed debt investors.*
- Davidson Kempner in connection with their acquisition of AIB debt owed by the Arora Hotel group and the subsequent restructuring of that debt.*
- KPMG as Special Administrators of MF Global.*
- KPMG as judicial managers of BAICO Barbados.*
- The lenders and PwC in connection with the restructuring of CPPGroup plc.*
- The lenders in connection with the potential restructuring of, and KPMG as administrators in relation to the administration of the retail chain, the Peacocks Group, and on the pre-packaged administration and sale of Bon Marche.*
- The lenders and Deloitte in connection with the restructuring of facilities provided to care homes provider, Southern Cross.*
- PwC as administrators in connection with the pre-packaged administration sale of the EMI Group.*
- The FSA in connection with matters leading up to and including the Lehman Brothers administration orders.*
- Phoenix & London Assurance Limited and its advisers in connection with the innovative use of a scheme of arrangement to provide investment flexibility for holders of its GAR policies. This was the first solvent life assurance restructuring scheme and formed the basis for a number of subsequent life assurance restructures.*
- Equitable Life in connection with its ground breaking restructure through a UK scheme of arrangement to compromise its guaranteed annuity policies, one of the largest and highest profile restructures of recent times.*
*Denotes prior firm experience
College of Law, Guildford
University of Cambridge
University of Oxford
- England and Wales
Awards & Accolades
- Ranked in Legal 500 UK and previously as a leader in his field in Chambers UK; described as a “good negotiator who reads situations well.”
- Recognised as a ‘Rising Star’ for Restructuring and Insolvency in IFLR 1000 UK 2015 and ranked as Highly Regarded in IFLR 1000 2020.
- Previously ranked in Tier 2 for Insurance Restructuring in Chambers UK.
- Ranked in Who’s Who of Lawyers and designated as a ‘Thought Leader’ in field.
- Ranked in Best Lawyers Expert Guides.
- Written numerous publications and given many presentations, including having contributed to the leading publication The EC Regulation on Insolvency Proceedings edited by Moss, Fletcher and Isaacs, OUP.