Freshfields Bruckhaus Deringer has dealt a blow to Herbert Smith by muscling in on Eurotunnel’s £6.2bn restructuring, Legal Week has learned, as the company’s lengthy restructuring continues to drag on.

Freshfields has been instructed as primary counsel to Eurotunnel on the restruc-turing, marking a further disappointment for Herbert Smith, which had originally been the sole adviser on the process.