Ilse van Gasteren specialises in restructurings & insolvencies, including advice on security enforcement strategies, debt-for-equity swaps, creditor compositions (including WHOA), contingency planning, and going concern sales in insolvency scenarios. She acts for financial institutions, investors and also borrowers on complex local and cross-border restructurings.
Advised Senior Lenders in the restructuring of Ad van Geloven, which included a debt for equity swap - 2013
Advised LyondellBasell in the worldwide restructuring, involving a Dutch share pledge enforcement process together with a Chaper 11 procedure in the United States. - 2011
Advised Senior Lenders in the landmark restructuring of Schoeller Arca Systems, which included the first implemented Dutch share pledge enforcement restructuring leaving behind the Mezzanine Lenders. - 2009
Advised the Senior Lenders in relation to the insolvency and pre-pack arrangement for LG Philips Displays - 2006
Grotius/Insolad Specialisatieopleiding Insolventierecht (Postgraduate education for Dutch insolvency specialists) 2008
Finance and accounting (Specialisatieopleiding Financiele Economie) Erasmus University Rotterdam/Insolad 2011
Counsel 2012 - 2018
Partner since 2018
Professional bodies
Member of INSOLAD (Association of Dutch Insolvency Specialists)
Member of Insol Europe (European association of insolvency specialists)
Awards and citations
Ilse "has in-depth knowledge of the law with a view on the commercial needs of the client." Clients value that "she is very thorough" and "delivers excellent work" Chambers Europe 2019
Ilse was recognised as a key contributor to the “Restructuring Deal of the Year”, which involved Lyondellbasell’s $24bn debt restructure IFLR Europe Awards 2011
Ilse comes recommended as a “leading lawyer” by IFLR1000 and is listed as insolvency and restructuring lawyer Chambers Europe in 2013 and 2014