In The News

Valaris Completes Restructuring With UK Administration

04 May 2021

Morrison & Foerster was featured in Global Restructuring Review’s coverage of Valaris completing its $7.1 billion restructuring through a complementary pre-pack administration sale in the UK.

The cross-border MoFo Business Restructuring and Insolvency Group (BRIG) deal team advising the official committee of unsecured creditors of Valaris and its affiliated debtors in the restructuring was led in New York by Lorenzo Marinuzzi, global co-chair of BRIG, together with Jennifer Marines, also global co-chair of BRIG, and associates Raff Ferraioli, Aarti Gupta, and Katherine Richardson Arnould. The London BRIG deal team was led by Howard Morris, head of BRIG in London, together with of counsel Amrit Khosa, associate Jai Mudhar, and trainee solicitors Joe Donaghey and Haania Amir.

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