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Richard Tett

Partner

Restructuring and insolvency

I consider Richard the pre-eminent restructuring lawyer in London today. He has a tremendous boardroom presence and is a highly skilled negotiator; an unparalleled lawyer for complex company restructurings.

Chambers UK 2020

Profile details

About Richard Tett

Richard leads our restructuring and insolvency practice in London.

With more than 20 years of restructuring experience, he has worked extensively on ‘in court’ and ‘out of court’ restructurings/refinancings, intercreditor agreement disputes, formal insolvency appointments, high-yield bond and CMBS bond restructurings, distressed M&A, English schemes of arrangement, US Chapter 11s and s363 sales, pension deficits, insurance workouts, telecoms, and insolvency aspects of structured finance.

Richard has acted across the capital structure for all the key stakeholders including corporates, lenders, bondholder/lender formal and ad hoc committees, creditors, shareholders, private equity sponsors, distressed debt investors and asset purchasers, directors, security trustees, administrators and liquidators.

Richard has particular cross border restructuring experience involving the UK, Europe, the US and across the globe.

Recent work

Notable non-confidential transactions include:

  • Four Seasons; Bartec; Fairhold Securitisation, H.C. Starck; OFS companies; Expro; PHS; New World Resources; Spanish real estate restructurings; NPL acquisitions for funds; IVG; McCarthy & Stone; Endemol; Deutsche Annington/GRAND; EMI; Primacom; Carl Zeiss Vision; Cory Environmental; La Seda de Barcelona; Honsel; Paroc; Bank of England (Bradford & Bingley, Landsbanki and Kaupthing); XL Airways; Amtel Vredestein; and the acquisitions of the London Eye and the Budget Rent-A-Car Group’s EMEA assets.

Qualifications

Education

  • Jesus College, Cambridge (natural sciences and law)

Professional qualifications

  • Solicitor-advocate with higher rights of audience (civil)

Memberships

  • INSOL
  • R3
  • Turnaround Management Association UK