Jeremy Goldring

Expertise

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 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 able to assess the options available, design strategies and provide guidance to meet the client’s objectives in challenging situations.

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 opportunities or difficult 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; and has considerable experience dealing with businesses transcending international boundaries.

Jeremy Advises

• Corporate investors, including private equity houses
• Private investors
• Management teams and business leaders
• Insolvency practitioners and turnaround professionals
• Banks and other lenders

Experience Highlights

• Euro Media Group – advising this outside broadcasting group of companies concerning the risk of insolvency of a critical supplier.
• Aviation Capital Group – advising this aircraft lessor during the build up and aftermath of the failure of Thomas Cook
• Grapevine Capital Limited – advising the holder of secured notes in relation to a super-senior facility and enforcement options regarding a UK borrower.
• Lendy Action Group – advising a class of investors of this failed Peer-to-Peer lender in relation to difficult issues concerning the potential consequences of the contractual framework.
• Fifth Third Bank – assisting with new facility and opinion concerning Black Box group.
• Phoenix Labs – supervising due diligence and acting in the pre-packaged acquisition of the business and assets of D.D.D. Limited
• Maple Securities UK Limited – advising this investment bank and obtaining a (special regime) administration order, acting for the administrators to achieve distributions 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 All Party Parliamentary Group 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 the complex financial restructuring of Actavis, which had total debts of EUR 6bn, in tandem with 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.

Publications

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.

• On Coronavirus: Preserving Investor Value
• On Coronavirus: Managing Distressed Assets
• On Coronavirus: Acquiring Distressed Assets

Career History

Previous Law Firms

• King wood Mallesons (formerly SJ Berwin)
• Baker & Mckenzie
• DLA
• Cameron Markby Hewitt

Education

• St. Catherines College, Oxford University (BA Jurisprudence)
• Southend High School