Ian Wallace

Hertz
Representation of Hertz Global Holdings, Inc. and certain affiliates in their chapter 11 cases and restructuring negotiations in Europe, Australia and Asia-Pacific. Hertz completed its successful chapter 11 restructuring and its plan of reorganisation became effective on June 30, 2021.This representation is one of the highest profile restructurings arising from the COVID-19 pandemic and one of the most successful chapter 11 and international reorganisations in recent history.

Intu
Representation of the CMBS noteholders to the Trafford Centre in the restructuring of the Intu group.

Fat Face
Representation of Fat Face on its restructuring in which the group was transferred by previous owner Bridgepoint to Fat Face's lenders and with a fully restructured balance sheet.

Seadrill
Representation of the coordinating committee of agent banks and export credit agencies representing holders of US$5.6 billion of senior secured indebtedness across 12 credit facilities in connection with the restructuring of the liabilities and obligations of Seadrill Ltd., an offshore drilling rig operator and its affiliates. This follows the comprehensive restructuring in 2018, where we advised the co-ordinating committee representing a bank group holding US$7.4 billion in secured debt. The result provided a significant structural improvement for senior lenders, the negotiation of settlements that attracted more than US$1 billion of new capital, and the re-profiling of Seadrill's capital structure.

Toys "R" Us
Representation of certain creditors in the restructuring and subsequent insolvency of Toys "R" Us European business.

Karen Millen
Representation of the Karen Millen high street retail business and assisting with its accelerated M&A process and sale by way of pre-packaged administration.

Oi S.A
Representation of the Oi group, one of the world's largest integrated telecoms service providers, on its US$20 billion debt restructuring by way of a Brazilian recuperação judicial process.

Fred. Olsen
Representation of the Facility Agent and Lenders on the capital and corporate restructuring of Fred. Olsen (now Dolphin Drilling), which ultimately resulted in lender ownership of the Group under a revised capital structure.

Thomas Cook
Representation of certain stakeholders following the liquidation of tour operator Thomas Cook.

CGG
Representation of the Norwegian and Dutch lenders to the CGG group on its restructuring including advice on establishment of a new VesselCo structure and on the subsequent acquisition of the VesselCo structure by Shearwater.

CEONA
Representation of EY as administrators to the CEONA group, a SURF and subsea construction contractor in the deepwater market. CEONA's cash flows came under significant strain due to falling demand for its services as a result of the depressed market conditions and ongoing liabilities in connection with its fleet. Despite efforts to restructure CEONA's indebtedness, it was unable to achieve a turnaround on a solvent basis and several English companies in the Group were placed into administration by the Directors in September 2015.

Gama Holdings
Representation of the Gama Group on a general restructuring and/or refinancing of its outstanding indebtedness.

Various
Representation of Turkish PE funds and corporate and banking clients on confidential restructuring matters.