"Aside from his technical expertise, Jeremy’s considered but calm and commercial approach to matters has been invaluable.”
What he’s best at:
Jeremy’s experience spans the whole spectrum of the Restructuring & Insolvency business environment, across just about every business sector. He advises anyone who is an existing stakeholder or is thinking of investing in a distressed business - or is wondering what would happen if a business goes into administration. These skills also enable him to advise on rationalising the capital and debt structures of corporate groups, helping him to save costs, or for pre- or post acquisition purposes.
Jeremy’s mantra in all that he does is to help facilitate his client’s decision-making.
He is at his best when winning the trust of business leaders, helping them to deal with the noise and complexities which accompany a crisis. His insight and intuition also serve to help those seeking to acquire interests and creditors looking to make the most of challenging situations.
Jeremy acutely understands the business of insolvency practitioners. He has sold businesses for (and bought from) them on numerous occasions, equipping them to navigate sometimes difficult roads in the performance of their roles. He also pursues claims to recover assets for creditors’ benefit; sometimes dealing with businesses transcending international boundaries.
Who he works for:
- Private equity houses
- Corporate investors
- Private investors
- Management teams and business leaders
- Insolvency practitioners and turnaround professionals
- Banks and other lenders
“I have known Jeremy for over 10 years and have worked very closely with him for the past 4 years on a significant insolvency matter which has involved numerous entities and considerable complexities. Aside from providing the necessary advise on the insolvency related aspects of the case Jeremy has worked closely with me in relation to the overarching strategic planning of the case and the stakeholder management which included coordinating the involvement of his litigation and financial services partners and colleagues. Aside from his technical expertise, Jeremy’s considered but calm and commercial approach to matters has been invaluable.
I worked with Jeremy on the restructuring and sale of Parabis Group. Parabis exit was to be through a break up and sale of the group but during this process it traded in a state of distress. The group was extremely complex and traded across 3 regulatory environments, in the UK and South Africa.
Jeremy became an invaluable asset for the board, a pragmatic and commercial lawyer who helped us through a difficult and fluid period. At all times ensuring management were well briefed on their position thus giving them confidence and enabling effective decision making.
There is always a difficult balance to be struck in these situations and Jeremy dealt with problems firmly but with empathy and integrity. This ensured maximum stakeholder support through the process, even though they were potentially adversely affected.”
- Maple Securities UK Limited – advising this investment bank and obtaining a (special regime) administration order, acting for the administrators seeking innovative ways to rapidly distribute to clients, creditors and shareholders.
- Parabis Group LLP – advising management of this 2000-staff complexly–structured legal / claims handling business to preserve value and maximise the outcome over several challenging months leading to pre-packaged sales of its constituent parts.
- Connaught Income Fund, Series 1 LP/Tiuta International Limited/Tiuta Plc – advising the liquidators of both this £100m investment fund and the bridging loan companies to which the money was lent; involving implementation of a considered strategy, liaison with the FCA, FSCS and an APPG with a view to recovering investor losses.
- Hillarys Blinds – protecting European Capital’s £200m investment, designing a method which successfully resisted senior lenders exercising a loan-to-own strategy.
- Co-ordination of a US/pan-European team facilitating a refinancing via the operational restructuring of Dura Automotive Inc; transferring factories and simplifying group structures.
- Representing Landesbanki with a EUR 300m exposure in a financial restructuring, described as the most complex of 2010, of Actavis, which had total debts of EUR 6bn, in tandem with a restructuring its owner’s debts of EUR 600m.
- Comet Group – advising management facing a dilemma over structural and financial arrangements required by the parties to a change of ownership; and again several months later following the company’s insolvency and a public enquiry.
- Jeremy has authored many articles, from time to time appearing in the Journal of International Banking Law, Insolvency Intelligence, Insolvency Law & Practice, Global Turnaround, The Deal, Recovery, Financier Worldwide and Global Restructuring Review. He has published a booklet "Insolvency & Commercial Property" (Chancery, 1992), has presented many seminars for R3, Euroforum, Butterworths, C5 and for specific clients, and appeared on BBC News 24 on 15 September 2003, to explain the likely effects of the coming into force (on that day) of the Enterprise Act 2002.
Previous Law Firms:
- King wood Mallesons (formerly SJ Berwin)
- Baker & Mckenzie
- Cameron Markby Hewitt
- St. Catherines College, Oxford University (BA Jurisprudence)
- Southend High School