Clifford Chance
2 February 2012
The Firm took home honours for its work with Southern Cross Healthcare Group. EMEA
Clifford Chance won 'Restructuring Team of the Year' at the recent Legal Business Awards for the Firm's work with Southern Cross Healthcare Group.
The award recognises teams that have advised on the most complex restructuring mandate of the year. Judges looked for clear examples of innovation where lawyers have delivered crucial outcomes for their client.
The citation said: "Southern Cross Healthcare Group turned to Clifford Chance to rescue it from closing a large chunk of its 752 care homes as tough market conditions and public spending cuts hit it hard. Despite litigation from some landlords, Clifford Chance saved Southern Cross’s business and avoided the displacement of 30,000 residents."
