Duo play lead roles on €2.3bn Icelandic bank restructuring
Hogan Lovells and Bingham McCutchen have taken lead roles on the €2.3bn (£1.9bn) restructuring of Straumur, one of the raft of Icelandic banks taken into government hands last year as a result of the country's financial crisis. Straumur was nationalised in March 2009 after aggressive expansion in Europe during the credit bubble led to losses of almost €700m (£640m) in 2008.
Hogan Lovells and Bingham act on successful Straumur workout
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