News

£700 Million Capital Raising Plan for Co-operative Bank

London -- Paul Hastings LLP, a leading global law firm, announced today that it has advised the ad hoc committee of existing Tier 2 noteholders on the capital raising plan for the Co-operative Bank (see the official announcement

).

The Paul Hastings team was led by restructuring partners

and

Karl Clowry

and senior corporate associate

Matthew Poxon

. Additional support came from corporate partners

Ronan O’Sullivan

and

Peter Schwartz

and tax partner

Arun Birla

. The team also included associates

Ian McKim

,

Nikki Johnstone

,

Aimee Fabri

,

Carlos Ruiz

,

John Lambillion

, and

Jiten Tank

.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.