GLAS is pleased to see the successful conclusion of the restructuring of Enermech Ltd, in which a GLAS deal team in London acted as Facility Agent and Security Agent. The GLAS deal team included Emmanuel Akoto – Client Services Team Leader, Arunima Misra – Legal Counsel, Gilda Cara – Transaction Management Group Leader, Luke Buenaventura […]
GLAS is thrilled to share that we recently acted as Information Agent for Project Lietzenburger Straße Holdco Sarl (Holdco) on the groundbreaking successful completion of its Part 26A restructuring plan, managed by a cross-border GLAS deal team throughout Europe. GLAS also took over several roles on the transaction post restructuring as part of Project Fürst […]
Over the last few weeks, the GLAS family reflected on the successes of 2023, and looked into the future with excitement at the annual GLAS festive celebrations. We held GLAS celebrations spanning all corners of the globe – across the UK, France, Germany, the USA and Australia, as our teams gathered and embraced the opportunity […]
GLAS was excited to be part of the Celsa Group restructuring, the first restructuring plan to be launched under new Spanish insolvency legislation which came into force in September 2022. Celsa Group Celsa Group is Europe’s leading producer of circular and low-emission steel and is the largest circular supply chain in Europe. It recycles ferrous […]
LONDON, UK (27 November 2023) GLAS acted as Information Agent, Holding Period Trustee, Tabulation Agent, and New Money Agent for Atento, one of the world’s largest providers of customer relationship management and business process outsourcing (CRM/BPO) services and industry leader in Latin America in their successful UK Restructuring Plan. Atento Atento has developed its business […]
London, 27 October 2023 We are very proud to announce that GLAS has been recognised by Hedgeweek & Private Equity Wire as the ‘Best Debt/Loan Administrator‘ firm at the 2023 European Credit Awards ceremony. The Hedgeweek & Private Equity Wire European Credit Awards recognise excellence in fund performance and service provider excellence across credit funds […]
2 August 2023 GLAS are delighted to be shortlisted for three categories in the Hedgeweek & Private Equity Wire European Credit Awards 2023: Best Middle Office Services Best Administrator – Technology Best Debt/Loan Administrator The Hedgeweek & Private Equity Wire European Credit Awards recognise excellence in fund performance and service provider excellence across credit funds […]
LONDON, UK (12 June 2023) GLAS acted as Restructuring Agent, new Facility Agent and Global Security Agent among other roles on the first-of-its-kind restructuring of international shipping company Vroon, which completed on 12 June 2023. First-of-its-kind restructuring This was the first restructuring to be carried out using a parallel English scheme of arrangement and Dutch […]
GLAS are proud and delighted to announce that we are supporting the national disability charity, Whizz-Kidz by sponsoring a Morph statue in London’s first ever step-free art trail! Morph’s Epic Art Adventure Morph’s Epic Art Adventure opens across London on 19th June. It will take the public through London’s famous streets on a step-free art […]
LONDON (May 11, 2022) GLAS, the leading independent provider of institutional debt administration services, is pleased to announce it has received a strategic investment from leading mid-market private equity firm Levine Leichtman Capital Partners (“LLCP”). Terms of the transaction were not disclosed. Headquartered in London, GLAS has more than 180 employees across its global offices […]
LONDON, 7 March 2022 — GLAS is pleased to announce that Simon Schiff has been appointed Head of Legal, United Kingdom. In his new role, Schiff will lead a team of lawyers in the UK and liaise with the broader GLAS legal team across the globe to refine the firm’s legal offering for clients. GLAS’s […]
GLAS Specialist Services Limited has been appointed Information Agent in respect of the Restructuring Plan launched by Smile Telecoms, an African telecommunications provider. This is a landmark precedent as it is the first time since the introduction of the Restructuring Plan that the English High Court has used its discretion under section 901C(4) of the Companies […]