With over 25 years’ experience advising on restructuring matters, Nick has developed an exceptionally broad practice. Widely recognised as a leading restructuring lawyer, he co-heads the firm’s Financial Restructuring practice in London with a focus on advising clients on high value complex situations, usually with a significant international element.
Primary Focus & Experience
Over the course of his career Nick has developed exceptionally broad experience having advised:
just about every type of stakeholder with a role to play in a restructuring including bondholders, claims holders and traders, commercial banks, creditor committees, debtors, development banks, distressed investors, export credit agencies, hedge funds, insolvency practitioners, lenders, management, private equity houses, regulators, shareholders and trustees;
on a very broad range of types of restructuring including bond restructurings and liability management, CMBS restructurings, corporate restructurings, formal insolvencies, leveraged loan restructurings and project finance restructurings;
on transactions in countries in six of the world’s seven continents (Antarctica has yet to produce a suitable transaction) including Australia, Belgium, Botswana, England, Canada, Dubai, France, Germany, Greece, Italy, Kazakhstan, Luxembourg, Madagascar, Mozambique, The Netherlands, Russia, Singapore, South Africa, Spain, Sweden, Turkey, The Ukraine and the United States of America; and
on a wide range of industries including banking, health care, manufacturing, mining, oil & gas, power, real estate, retail, shipping, travel and waste management.
Unusually for a restructuring lawyer, Nick frequently acts for the whole range of stakeholders in restructurings and his recent experience includes:
- Advising ECA lenders to Oi, on the $17 billion restructuring of one of Brazil’s largest telecoms companies;
- Advising a listed satellite company on the restructuring of its bond and other debt;
- Advising hedge and other investment funds on the restructuring of GHG, a highly complex Opco/Propco CMBS structure;
- Advising receivers appointed to an Indian listed, international manufacturing company; and
- Advising Official Committees in the bankruptcies of Lehman and Kodak.
Recognition & Accomplishments
Nick is widely recognised as a leading restructuring lawyer and is ranked highly in legal directories such as Chambers, Legal 500, IFLR 1000 and Guide to the World’s Leading restructuring Lawyers. He has been described by Chambers & Partners as being “particularly impressive” and an “extremely commercial advisor” who has “an astute tactical mind as well as a comprehensive knowledge of the law” and as having a reputation for being “calm and collected yet bold at the same time.” “Personable and extremely dynamic, he provides a quality client service” and is “highly rated in the field and regarded as a great commercial lawyer.” Legal 500 has described him as a “tremendous practitioner”, “exceptionally commercial” and “excellent at handling difficult constituencies.” IFLR reports Nick is “excellent, very good at the core legal analysis, but also stakeholder management and making complex ideas understandable” and “Nick is a fantastic restructuring lawyer. In addition to being highly technically competent he is a stable pair of hands who understands stakeholder management better than any other restructuring lawyer.”
- University of Bristol Law School, LL.B.
- England and Wales