Ashurst

Restructuring mandates increasingly important for law firms

Earlier the month the law firm Ashurst announced the formation of their Islamic finance restructuring team. Now Lovells advertises to their prospective clients being a "global player in Business Restructuring and Insolvency". It seems that supply follows demand due to the ongoing crisis.

Law firm Ashurst announces formation of Islamic finance restructuring team

Ashurst has formed a multidiscipline team of lawyers from across its global network to assist clients with Islamic finance restructuring and Sharia compliant distressed financings. This comes as a result of increasing client demand for assistance with Sharia compliant transactions and investments that require restructuring due to current market conditions.

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