 Ashurst Articles Allen & Overy (A&O) has landed the key role advising Ernst & Young (E&Y) on the £2.6bn restructuring of struggling transport group Metronet. The role is a major boost for the magic circle law firm, which is advising E&Y as administrator on the largest formal insolvency procedure ever seen in the UK. Insolvency head Mark Sterling and restructuring partner Katrina Buckley are leading the team for A&O. 
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