Matthias Steiner

Senior Associate

London

Matthias is a restructuring, turnaround and insolvency lawyer in our London office.

Matthias has a range of experience on non-contentious and contentious restructuring matters, formal insolvency appointments and other aspects of underperforming or distressed corporates. He advises insolvency practitioners, financial institutions, creditors, directors and corporates.

Experience & capabilities

Selected matters

the administrators of Reaction Engines Limited in connection with its trading administration;
the largest creditor of Toucan Energy group in connection with the administration of the UK solar farm operator and 2024 sale of the business;
Link Group on the successful settlement with the FCA and Part 26 scheme of arrangement of Link Fund Solutions Limited [2023] EWHC 2641 (Ch) [2024] EWHC 250 (Ch);
an existing investor in Mediapro on the acquisition of majority control in the 2022 recapitalisation, implemented consensually following successful negotiations with the ad hoc committee of first lien lenders and an investor group initially pursuing a loan to own strategy and approved by a Spanish homologation;
a number of confidential real estate workouts for a leading international financial institution;
the senior secured lenders to a household name UK hotel group on a consensual sale process that concluded in 2021;
various landlords in relation to CVAs promulgated during and in the aftermath of the COVID-19 pandemic;
Sumitomo Corporation in relation to its interests in the Ambatovy nickel and cobalt mine projects in Madagascar and the 2020 restructuring proceedings in respect of the mine's operator, Sherritt International Corporation;
the administrators of the Nortel EMEA business in relation to the global insolvency of the Nortel group including in respect of the global settlement and the subsequent pan-European CVAs;
a major infrastructure fund on the restructuring of a significant PFI project;
CGN Europe Energy (CGN EE) and Hermes Infrastructure on the joint acquisition of a 813MW portfolio of five Swedish onshore wind farms from Aquila Capital;
an oil and gas company in relation to a contractual dispute (involving a finance document) which proceeded to a trial in the High Court (with a successful outcome for the client); and
Sea Trucks Group Limited (in Liquidation) and related entities in relation to multinational disputes with the former management, shareholder and associate company of the group, resulting in over 100 proceedings worldwide.