Global Restructuring

Financial distress rarely respects borders. Businesses facing liquidity pressure, balance sheet stress or insolvency risk often operate across multiple jurisdictions, each with distinct legal regimes, creditor priorities and commercial realities. As a global law firm with a leading cross-border Restructuring practice, Norton Rose Fulbright advises clients worldwide on complex restructurings, bankruptcy and insolvency proceedings and distressed transactions, helping businesses, creditors and investors preserve value in challenging conditions.

Our Restructuring lawyers work on some of the most significant domestic and international restructuring, bankruptcy and insolvency matters globally. With more than 3,000 lawyers across 50 offices, we are positioned to manage multijurisdictional restructurings involving differing insolvency laws, regulatory frameworks and market practices. Clients benefit from teams that understand not only the legal mechanics of restructuring, but also the industries, capital structures and commercial pressures shaping each situation.

“Norton Rose Fulbright is an international law firm with extensive global reach and notable experience on significant cross-border restructuring matters.” 
-Chambers Global, Global: Multi-Jurisdictional Restructuring/Insolvency, 2026

How does our global Restructuring practice coordinate advice across jurisdictions and disciplines?

Effective restructuring and insolvency advice spans multiple legal disciplines simultaneously. We draw on lawyers across banking and finance, corporate and mergers and acquisitions (M&A), capital markets, employment and labor, litigation and disputes, regulatory and tax to provide coordinated advice throughout the restructuring lifecycle.

Our integrated model allows us to staff cross-border matters seamlessly using Norton Rose Fulbright lawyers in each relevant jurisdiction. This reduces execution risk, avoids duplication and ensures advice is aligned across local insolvency and restructuring regimes—whether a matter involves Chapter 11 or Chapter 15 proceedings in the United States (US); UK restructuring plans or schemes of arrangement under Part 26A; EU preventive restructuring frameworks (including the Dutch WHOA and the German StaRUG); UNCITRAL Model Law cross-border recognition proceedings; or other regional insolvency and enforcement processes. Where proceedings run simultaneously across multiple jurisdictions, our global platform enables us to manage concurrent workstreams as a single integrated mandate.

Which restructuring and insolvency stakeholders does our team advise?

Our clients include lenders and agent banks, private equity sponsors and private credit providers, distressed debt and alternative investment funds, bondholders, indenture trustees, ad hoc creditor groups, public and private companies, boards of directors, debtor-in-possession (DIP) and exit financiers, secured and unsecured creditors, insolvency office-holders, liquidators, administrators and official creditor committees. This breadth of perspective allows us to anticipate competing interests, manage intercreditor negotiations and support pragmatic outcomes. We advise across the full spectrum of restructuring and insolvency scenarios—from early-stage financial stress and out-of-court workouts through to formal insolvency proceedings and distressed transactions.

Which sectors face the most complex restructuring and insolvency challenges?

Industry context shapes every restructuring. We advise across sectors where financial stress is amplified by regulatory change, commodity cycles, technological disruption or shifts in consumer behavior—including energy and infrastructure, real estate, financial services, mining, transportation, life sciences and healthcare, and retail and consumer markets. Deep sector knowledge allows us to address operational challenges alongside financial and legal restructuring.

What restructuring and insolvency services does Norton Rose Fulbright provide?

Clients engage us at every stage of the restructuring and bankruptcy lifecycle—from early creditor engagement and option analysis through to resolution. Services include debt restructurings, liability management exercises, exchange offers and consent solicitations, distressed M&A, accelerated sales processes, loan-to-own transactions, debt-for-equity swaps, pre-packaged insolvencies, special situations, rescue and super-priority DIP financing, covenant resets, creditor enforcement, intercreditor disputes, avoidance and claw-back actions, asset recovery mandates, turnaround planning, workouts and formal bankruptcy and insolvency proceedings. We work closely with management teams, boards and investors to assess options, manage risk and implement solutions.