Mark Sterling

Managing Partner at Allen & Overy LLP

Mark Sterling

Mark Sterling

Managing Partner at Allen & Overy LLP

Biography

Mark Sterling
Partner
London

Mark is the managing partner of the global restructuring and insolvency group. He has spent the last 25 years working on cross border restructuring cases in many parts of the world. In 1998, Mark set up the firm's Asian restructuring practice and was involved in many of the high-profile restructurings during the Asian crisis including the "quasi-sovereign" restructuring of Guangdong Enterprises.

On his return to London, Mark worked on some of the largest English and European restructurings of 2003 to 2007 including advising:

- on the special administration and subsequent return to public ownership of Metronet.

- Schefenacker on the restructuring of indebtedness of a German company by migrating all its assets and liabilities to an English company, comprising its financial indebtedness under English law and subsequently obtaining recognition of the compromise in the United States.

In the current downturn, he has acted for a number of government institutions, debtors and creditors and relevant experience includes advising:

- on the restructurings of the insolvencies of Lehman and the Icelandic Banks.

- Monier on the restructuring of EUR 2.2bn indebtedness of the company - assets were located in France, Germany and Austria through a Luxembourg security enforcement.

- Germany’s largest residential real estate company in Germany, Deutsche Annington Immobilien Group (DAIG), on the rescheduling of its EUR4.5bn securitisation issued in August 2006. This is one of the largest European real estate finance and securitisation reschedulings since the financial crisis, involving an English scheme of arrangement of an Irish company, whose underlying assets are located in Germany.

- The creditors’ committees in relation to the USD14.4bn restructuring of Dubai World.

- The private equity fund Pamplona in the recapitalisation (in which Pamplona increased its stake) of leading international drilling and engineering services contractor, KCA DEUTAG. The deal involved the equitisation of EUR580m of mezzanine debt and the provision of EUR550m of fresh equity capital to the group.

- The agent under a USD1.2bn facility made available to the Eagle Bulk Group, headquartered in New York City, in order to finance the construction of a fleet of Supramax dry bulk tankers. Eagle Bulk is the largest US-based operator of Supramax tankers.

Mark has also advised the English Treasury and the FSA on matters involving systemic risk to the UK financial services industry.

 

 



Professional qualifications

Admitted as solicitor, England and Wales, 1990

Admitted as solicitor, Hong Kong, 1999
Academic qualifications

BCL, Oxford University, 1980

MA, Jurisprudence, Oxford University, 1980
Published work

"SMET Guide to Restructuring in Asia'" co-author of chapter on legal issues in Hong Kong,

White Page in association with the Asian Development Bank, 2001.

"Gore-Browne on Companies", chapter on insolvency.

Chapter on work-outs for the leading encyclopaedia of UK insolvency law.

Published widely on a range of insolvency and corporate issues.

Overview
Career Highlights

Allen & Overy LLP

RelSci Relationships

1127

Relationships
RelSci Relationships are individuals Mark Sterling likely has professional access to. A relationship does not necessarily indicate a personal connection.

Managing Partner at Allen & Overy LLP

Relationship likelihood: Strong

Partner at Allen & Overy LLP

Relationship likelihood: Strong

Partner at Allen & Overy LLP

Relationship likelihood: Strong

Partner at Allen & Overy LLP

Relationship likelihood: Strong

Head, Corporate Know-How Team at Allen & Overy LLP

Relationship likelihood: Strong

Chief Executive Officer at Allen & Overy LLP

Relationship likelihood: Strong

Managing Partner at Allen & Overy LLP

Relationship likelihood: Strong

Managing Partner at Allen & Overy LLP

Relationship likelihood: Strong

Managing Partner at Allen & Overy LLP

Relationship likelihood: Strong

Managing Partner at Allen & Overy LLP

Relationship likelihood: Strong

Paths to Mark Sterling
Potential Connections via
Relationship Science
You
Mark Sterling
Managing Partner at Allen & Overy LLP
Education
MA in Jurisprudence
Class of 1980

The Faculty of Law, Oxford is the law school of the University of Oxford. There are 153 members of the Law Faculty, of whom more than 90 are in established University academic posts, adding to a student-to-faculty ratio of 7:1. The Faculty includes members of all 38 Oxford colleges.

Career History
Managing Partner
Current

Allen & Overy LLP operates law firms and provides legal advices. The company's lawyers are strategically located in the world's leading financial centers, combining legal, business and cultural skills to service the needs of the clients. It was founded by George Allen & Thomas Overy in January 1930 and is headquartered in New York, NY.

Other Affiliations

Mark Sterling is affiliated with Allen & Overy LLP

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Mark Sterling. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Mark Sterling's profile does not indicate a business or promotional relationship of any kind between RelSci and Mark Sterling.
  • be_ixf; php_sdk; php_sdk_1.4.15
  • https://relationshipscience.com/person/mark-sterling-25156981
  • https://relationshipscience.com/person/mark-sterling-25156981