Slaughters and Ashurst team up on Interserve’s rescue plan
Slaughter and May and Ashurst are leading for embattled contractor Interserve, which has revealed that it is seeking a recovery plan amid fears of a Carillion-style collapse. The rescue plan, which aims to scale back its £500m debt pile, will see the Reading-based outsourcer convert much of its debt into new shares, potentially handing control of the […]