Covid-19 calls: Giles Boothman at Ashurst in London

“The economic legacy is going to be around the excess debt that companies and governments have taken on… that will take a long, long time to pay off." Ashurst's head of restructuring and special situations, Giles Boothman, tells GRR the UK’s economic standstill is bringing restructuring enquires in waves, as clients find it harder to seek liquidity from financial institutions, perform due diligence and find other solutions to restore balance sheet health.