Milbank LLP Financial Restructuring partner Kate Colman and associates Ryan Edge and Ryan Al-Hakim authored the England & Wales chapter in the International Comparative Legal Guide (ICLG) to Restructuring & Insolvency 2026, the 20th edition of the practical cross-border resource covering 19 jurisdictions worldwide.
The chapter provides a comprehensive overview of restructuring and insolvency law in England & Wales, addressing key topics including duties of directors in financial distress, formal and informal rescue procedures, insolvency processes, cross-border recognition, the ranking of claims and the outlook for the restructuring market in 2026.
The firm's Financial Restructuring Group advises global clients across the credit spectrum on UK and European cross-border restructurings, special situations financings, and stressed and distressed liability management transactions.
