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Clifford Chance

David Towers

David Towers

Partner

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Partner
David Towers

David Towers specialises in complex and cross-border restructuring and insolvency cases. He regularly advises banks, alternative capital providers, debtors, trustees and insolvency practitioners.

  • Advising a syndicate of lenders in respect of their exposure to the Steinhoff Group
  • Advising the bank lenders to Carillion plc
  • Advising the senior lenders to Edcon, Southern Africa's largest non-food retailer, in relation to its financial restructuring
  • Advising the senior lenders to the International Bank of Azerbaijan on its debt restructuring
  • Advising Scholz Holding GmbH on its financial restructuring
  • Advising the second lien lenders to HC Starck on its financial restructuring
  • Advising a UK listed healthcare provider in relation to its debt facilities
  • Advising Grupo Itevelesa on its financial restructuring
  • Advising Maxeda DIY Group on its financial restructuring
  • Advising the board of directors of the Ceona Shipping group on its restructuring and subsequent administration
  • Advising The Royal Bank Scotland on the restructuring of the Punch Taverns securitisations
  • Advising Morgan Stanley in relation to the restructuring of the ATU Group by way of pre-pack administration
  • Advising the lenders to the Monier Group on its amend-to-extend scheme of arrangement
  • Advising Southern Cross, formerly the UK's largest operator of care homes, on the restructuring and transfer of its business and the settlement of its residual liabilities through a CVA
  • Advising Citi on the pre-pack administration of the EMI Music Group

Contact details

Career and qualifications

  • Sheffield University (LLB) 2002
  • Joined Clifford Chance 2003
  • Admitted as a solicitor in England & Wales 2005
  • Partner since 2014

Professional bodies

  • Insolvency Lawyers' Association
  • R3