Before joining the LSE, Sarah was a partner in the Restructuring and Insolvency Group of Slaughter and May, with whom she retains a senior consultancy. She has written widely on the topic of financial distress, including the implications of increasing access to the high yield market by UK issuers for debt restructuring, the implications of changes in the finance market for debt restructuring theory, valuation in financial institution bail-in and developing cooperation between the finance industry and the state in modern markets. She is a member of the Council of the Insolvency Lawyers’ Association, the technical committee of the Insolvency Lawyers’ Association, Chair of the Insolvency Lawyers’ Association Insolvency & Restructuring Scholarship Committee and a member of the General Technical Committee of R3. Email: S.Paterson@lse.ac.uk