James Terry
Partner
Areas of Focus
- Financial Restructuring
- Energy & Infrastructure
- Oilfield Services
- Special Situations
- Oil & Gas
- Private Capital
- Handles cross-border and domestic financial restructuring, special situations, workouts and insolvency.
- Band 1 ranked for Restructuring and Insolvency by Chambers UK
James practices in the areas of cross-border and domestic financial restructuring, workouts and insolvency, and advises clients in relation to strategic and legal issues concerning their distressed debt and special situations investments. He is consistently recognized in his practice area in all major legal rankings surveys. James has broad knowledge in a range of different business sectors including telecommunications, packaging, paper, transport, mining, automotive, energy and power. James is known as the leading practitioner in the London market for Norwegian and other Scandinavian restructurings, as well as restructurings in the offshore, oil and gas and shipping sectors.
His clients include:
- Hedge funds
- Bondholders
- Institutional lenders
- Secondary market investors
- Creditor committees.
- Oi: Counsel to an ad hoc group of lenders on the financial restructuring of Oi, the third largest telecommunications company in Latin America.
- Hurtigruten: Counsel to the ad hoc group of lenders on the refinancing of Hurtigruten AS, a Norwegian cruise line and coastal ferry business.
- Nostrum: Counsel to the ad hoc group of noteholders on the financial restructuring of Nostrum Oil & Gas plc, an oil and gas exploration and production company operating in Kazakhstan.
- PGS: Counsel to the ad hoc group of term loan lenders to PGS, the Oslo-listed holding company for a global seismic imaging group, in the financial restructuring of US$872 million of the company’s debt.
- Swissport: Counsel to the payment-in-kind (PIK) loan lenders in relation to the US$1.9 billion financial restructuring of Swissport, an aviation services company.
EducationL.P.C., The College of Law, Chester, 1994
LL.B., University of Leeds, 1993
L.P.C., The College of Law, Chester, 1994
LL.B., University of Leeds, 1993
Bar AdmissionsSolicitor, England and Wales
Solicitor, England and Wales
- Chambers UK, Restructuring/Insolvency, 2017-2025.
- Chambers Global, Restructuring/Insolvency.
- Chambers Europe, Restructuring/Insolvency, UK.
- The Legal 500 UK, Leading Individual: Corporate Restructuring and Insolvency, Banking Litigation: Investment and Retail.
- Who’s Who Legal, Thought Leader, Restructuring & Insolvency.
- Euromoney, Expert Guide, World’s Leading Insolvency and Restructuring Lawyers.
- Euromoney, Expert Guide, Banking, Finance and Transactional Law.
- IFLR1000 UK, Restructuring and Insolvency.
- Best Lawyers UK, Insolvency & Restructuring Law.
- “Reflections and Insights: Ad Hoc Committees in Financial Restructurings,” Akin Webinar in association with GRR and Lexology, March 2022.
- Distressed Debt in High Yield, AFME 8th Annual European High Yield Conference, London.
- Outlining Examples of Restructuring in Norway and Sweden and Looking at the Pipeline Going Forward, Euromoney Scandinavian High Yield Bond Conference, Stockholm.
