The London Approach is long buried. Alex Aldridge investigates the uncertain restructuring scene that has taken its place, buffeted by turbulent markets and inhabited by struggling lenders and complex capital structures
As the economy began to show signs of overheating during the peak of the credit boom between 2005 and 2007, many insolvency advisers were predicting the next big thing would be a wave of increasingly complex restructurings – accompanied by a frenetic round of debt trading.
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