Practice focuses on cross-border debt restructurings, special situations, workouts and insolvency.
Member of the firm’s Diversity and Inclusion Council.

Jakeob represents ad hoc committees, hedge funds, bondholders, pension funds, institutional and secondary investors in relation to contentious and non-contentious restructurings, special situations, turnarounds and formal bankruptcy processes including associated litigation.

He has handled numerous cross-border and domestic debt restructurings and associated chapter 11 cases in the oil and gas, offshore shipping, telecommunications, insurance and financial services sectors.

Representative Work

Nostrum: Counsel to the ad hoc group of noteholders on the US$1.125 billion financial restructuring of Nostrum Oil & Gas plc, an oil and gas exploration and production company operating in Kazakhstan.
Fortenova: Counsel to Fortenova Group, a food producer and retailer in Croatia and the surrounding region, on issues arising from the existence of sanctioned Russian debt and equity holders in its capital structure.
Seadrill: Counsel to the ad hoc group of bondholders in relation to the first financial restructuring of Seadrill Limited and on the restructuring via a Bermudan provisional liquidation and pre-pack chapter 11 of Seadrill New Finance (now called Paratus Energy) in 2022.
Valaris: U.K. counsel to the ad hoc committee of noteholders on the US$7.1 billion financial restructuring, chapter 11 and English pre-pack administration of Valaris plc, an offshore drilling contractor.
Noble: U.K. counsel to the ad hoc group of guaranteed bondholders in relation to the US$4 billion financial restructuring and chapter 11 of Noble Corporation plc, a U.K. offshore drilling contractor.

Telford Offshore: Counsel to Nordic Trustee AS in respect of the bond amendment and new secured debt issuance of Telford Offshore Ltd, an international offshore service provider.
Digicel: Counsel to an ad hoc committee of holders on exchange offers made in respect of bonds issued by Digicel Group Limited, a mobile phone network provider operating across the Caribbean, Central America and Oceania regions.
Sea Trucks: Counsel to Nordic Trustee on the $600 million bond restructuring, Bermudan provisional liquidation and receivership of the Sea Trucks Group, a provider of offshore installation, accommodation and marine support services to the oil & gas industry.
Avanti: Advised an ad hoc group of senior bondholders of Avanti Communications, a U.K.-listed satellite operator, on the group's new financing and debt-for-equity swap, involving an exchange offer and English scheme of arrangement.
Agrokor: Acted as independent international legal counsel in connection with the negotiation, agreement and implementation of the settlement plan in relation to Agrokor d.d. and its subsidiaries, under the Law on the Procedure of Extraordinary Administration in Companies of Systemic Importance for the Republic of Croatia. This process was a first for Croatia and involved a company of significant importance to Croatia and the Balkans.

Education
LL.M. International and European Law, Lund University, 2012
LL.B. (Hons), University of Newcastle, Australia, 2012
B.Com., University of Newcastle, 2010

Bar Admissions
Law Society of New South Wales, Australia

Recognitions

Turnaround Management Association (TMA), nextGen Professional of the Year, 2022.
The Legal 500 UK, Key Lawyer for Corporate Restructuring & Insolvency.
Lawyers Weekly, 30 under 30, Commercial Banking & Finance, 2016.