• Teneo: Acted for Deloitte (now Teneo) as administrators on the bringing of c. £36 million of fraudulent and wrongful trading claims arising out of the insolvency of a large UK haulage supply company.
• Lender: Advised a secured lender of a UK-listed African natural gas company on maintaining and improving its security package in the face of ongoing defaults and difficult market conditions for the borrower, including advice on shadow directorship, debt-for-equity restructuring options and facilitating a negotiated solution across multiple stakeholders.
• Lender: Advised the mezzanine lender on a commercial offices building in central London on recourse options in response to anticipated enforcement by the senior lender, including security review and report on a mezzanine vs. senior lending and security packages and advising on the available strategies for the mezzanine lender vis-à-vis the sponsor and the senior lender.
• Bank: Acted for a UK clearing bank on the COVID-19 required amendment and restatement of facilities provided to the Cardiff chain of a large UK hotel brand, including the injection of further junior lending from stakeholders to allow the borrower to demonstrate a viable COVID recovery plan.

List may include matters worked on prior to joining Akin.