Lazard
During the past couple of years, corporates have drawn on the specialist restructuring skills of financial institutions more than ever before. The judges recognised that Lazard has worked on perhaps more high-profile deals than any other player. To name but a few, Lazard has been instrumental in Marconi’s debt for equity swap, UPC’s restructuring, advising Swissair Finance (USA) on the sale of Gategourmet and the restructuring of its debt, and a mandate acting for the Versatel bondholders. In the US, its advisory clients include Worldcom, AES, Adelphia, Owens Corning and the Conseco bondholder committee.
