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For our April event we welcome Richard Tett and Emma Gateaud of Freshfields as our guest speakers.

Richard is head of Freshfields’ London restructuring & insolvency team. Emma is a counsel in the restructuring and insolvency team and the recipient of the TMA’s next generation award 2020.

The new UK restructuring plan arrived with great and justified fanfare in late June 2020.  Alongside the other insolvency law reforms, many people heralded the changes as the most significant insolvency regime overall since 1986.  10 months on, we have been taking stock on the impact of the new restructuring plan.  How is it being used (both in court, and in shaping deals out of court)?  What is the court focusing on?  What do you need to know in practice? 

We will also take a brief look at the new European competitors for the UK’s crown: on 1 Jan 2021, both Germany and the Netherlands introduced new restructuring regimes.  While the Dutch regime has already been used, the German regime remains to be tested.  Are they princes for the crown or just pretenders? 


This event is kindly supported by Freshfields

About the speaker/s

Richard Tett

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.

Emma Gateaud

Emma is a counsel based in London. She is part of the restructuring and insolvency team, and her practice involves a wide range of sectors. Emma has acted across the capital structure for key stakeholders, including lenders, corporates, ad-hoc groups of bondholders, distressed investors, shareholders, directors, purchasers, insolvency officeholders and security trustees.

She has worked extensively on a wide range of cross-border and complex restructurings and refinancings, including high-yield bond and CMBS restructurings, distressed M&A, US Chapter 11 bankruptcies and pension restructurings. She has also advised on English schemes of arrangement, administrations, company voluntary arrangements, and arrangements with the UK Pension Regulator and Financial Services Compensation Scheme. Emma’s cross-border experience has involved the UK, Europe, the US and other parts of the world.

Over the course of her career, Emma has spent six months seconded to the firm’s Shanghai office and six months in the Paris office.

Emma is a native English and French speaker. She also speaks German and basic Mandarin.

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April 2021