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Clifford Chance

Philip Hertz

Philip Hertz

Global Head of Restructuring and Insolvency

Global Head of Restructuring and Insolvency
Philip Hertz

Philip Hertz's practice involves advising a wide range of stakeholders on general insolvency and restructuring matters.

Philip is a member of the Association of Business Recovery Professionals, INSOL, and the Insolvency Lawyers Association.

He is also a member of the Insolvency Lawyers Association Council as well as serving on its technical committee. Philip is the co-author of the chapter entitled "Schemes of Arrangement" in Tolley's Insolvency Law as well as numerous articles on insolvency related topics.

  • Advising the Co-operative Bank on all aspects of the successful completion of its recent restructuring
  • Advising an Ad Hoc Group of Bondholders in relation to the pre-insolvency filing and potential restructuring of Abengoa SA
  • Advising APCOA in relation to the restructuring of its financial indebtedness and its two recent innovative schemes of arrangement
  • Advising Second Lien Lenders to H.C.Starck in relation to the restructuring of that company’s financial indebtedness
  • Advising a co-ordinating committee of senior lenders in relation to the restructuring of Autobar 

Contact details

Career and qualifications

  • University College, London (LLB) 1989
  • Downing College Cambridge (LLM) 1991
  • Joined Clifford Chance as a trainee solicitor 1991
  • Admitted as a solicitor in England & Wales 1993
  • Partner since 2002

Professional bodies

  • Member of the International Association of Insurance Receivers, Insolvency Lawyers Association and R3

Awards and citations

  • Philip Hertz is held in high esteem by the market, with interviewees describing him as a "sharp strategic thinker" and "commercial, calm and proactive". He has recently led numerous market-leading mandates.
    Chambers UK 2017 – Restructuring and Insolvency (Band 1)
  • Ranked in Band 1
    Chambers UK 2017 – Restructuring and Insolvency – Ranked Lawyers
  • Ranked as a Leading Lawyer
    Legal 500 UK 2017: Corporate Restructuring and Insolvency (Tier 1)