Simon Thomas joins Addleshaw Goddard's Business Support and Restructuring team
Addleshaw Goddard has announced the appointment of restructuring expert Simon Thomas to its Business Support and Restructuring (BSR) team in London.
Thomas joins Addleshaw Goddard from BLP where he focused on all aspects of corporate financial distress. He was recently named by Thomson Reuters as a ‘Rising Star’ in its Super Lawyers publication for his advice in the banking sector. He has particular expertise in real estate restructuring and advises on partially completed developments, mixed-use schemes, leisure portfolios, hotels and care homes.
Thomas also has expertise in shipping, aviation, retail and telecommunications restructurings.
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The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.