McDermott Will & Schulte, a global law firm

Alex Wood, restructuring and insolvency partner law firm McDermott Will & Emery, said:

“There continues to be distress in the hospitality, leisure and retail sector which can impact even household names like Pizza Hut. However, this shows that with the help of expert advisers, businesses can be saved and the pre-packaged administration can be an important part of an accelerated M&A process.”