Glen Flannery

Glen Flannery has been a partner at CMS Cameron McKenna Nabarro Olswang LLP since 2007, having qualified at the firm in 2003. He advises debtors, creditors, insolvency practitioners, investors in distressed assets, and a variety of other stakeholders, on both contentious and non-contentious matters, at all stages of the decline and recovery curves. 

Glen advises on directors' duties on insolvency, standstill arrangements, restructuring plans, security package enhancements and enforcement, distressed asset sales and acquisitions, loan-to-own strategies, insolvency appointments and investigations, office-holder actions, solvent group re-organisations, and the mitigation of insolvency risk in transactions.

Glen advises clients globally. He has been involved in many major international and cross-border mandates, involving use of the European Insolvency Regulation, the UNCITRAL model law on insolvency, and other cross-border tools. He often helps overseas clients to resolve UK and cross-border conflict of law issues.

Glen regularly features in the leading legal directories. In Legal 500, he has been described as "excellent", "technically strong" and "commercial". In Chambers & Partners, he is described by clients as "knowledgeable and astute", "commercial", "proactive and innovative", and someone who provides "thoughtful advice that considers the bigger picture as well as the detail".

Glen is also included among Insolvency Today's Power 100 of leading industry experts, The Legal Business Legal Experts, the Who's Who of Insolvency, and Super Lawyers.

Representative examples of Glen's cases include:

Niton Fund - advising the Cayman Island liquidators (RHSW) on a range of cross-border matters

LQD Markets (UK) Limited – advising this currency broker on its entry into investment bank special administration and subsequently advising its special administrators (Baker Tilly)

UK Coal – leading the 2013 group restructuring of the UK's largest coal producer, which involved a unique compromise with the Pension Protection Fund and saved the business and 2,000 skilled jobs

Kaupthing Singer & Friedlander (Isle of Man) Limited – advising this Manx Bank and its liquidators (PwC) on a range of cross-border issues, leading to a 100 pence in the pound recovery for its creditors

Stanford International Bank – advising the US Securities & Exchange Commission on the cross-border insolvency aspects of this global fraud

Mint Equities Limited – advising the administrators (PwC) on a pre-packaged administration sale of Mint’s stock-broking business in the UK, Dubai and Switzerland

Teathers Limited – advising the administrators (KMPG) on a pre-packaged administration sale of the stockbroking and private client arms of Landsbanki

Lyondell Bassell Group – advising a UK pension scheme trustee through a US Chapter 11 restructuring

Fountains Group – advising OCS on its pre-packaged administration acquisition of a facilities management business which had over 2,000 employees

Forsyth Partners – advising Crosby Capital on its acquisition of the business of this failed fund management group, with more than US$1.2 billion of assets under management

Eurodis Group – advising the administrators (Deloitte) of a pan-European distribution group subject to simultaneous main and secondary proceedings in England and Holland, on multijurisdictional asset sales and cross-border claims handling, distributions and exits

Crisscross/Dynegy Group – advising the administrators (Haines Watts) on a pan-European group COMI filing for UK administration. This broke new ground as the first major pan-European group COMI filing. The model was subsequently followed in Collins & Aikman, MG Rover and Nortel.