Paul Hastings’ restructuring and insolvency partner David Ereira has moved across to Quinn Emanuel Urquhart & Sullivan. Ereira joins Quinn having also been a partner at Freshfields Bruckhaus Deringer and Linklaters. He worked with Quinn on disputes arising from the NMC administration, a hospital operator that collapsed in 2020. He commonly represents debtors, creditors, investors […]
A member of Milbank’s financial restructuring team is making the move to Akin Gump Strauss Hauer & Feld after six years at her former firm. Jacqueline Ingram joined Milbank in 2018 as part of a four-partner office raid from Cadwalader Wickersham & Taft led by the firm’s then co-chair of financial restructuring co-chair Yushan Ng […]
Willkie Farr & Gallagher is set to bolster its London ranks by hiring a high-profile restructuring partner from Latham & Watkins. Simon Baskerville has spent nearly eight years as a partner at Latham & Watkins and served as the global vice chair of restructuring and special situations. He previously trained at Ashurst and was given […]
Administrators have been appointed to handle the fallout from collapsed firm Axiom Ince, which was closed after intervention from the Solicitors Regulation Authority (SRA) last month. Leonard Curtis has taken on the bulky mandate, with Neil Bennett, Alex Cadwallader and Andrew Poxon made joint administrators of the firm. Gordons, Shakespeare Martineau and Stephensons were already […]
Wilko’s general counsel has shared a heartfelt post on LinkedIn advocating for Wilko staff members in need of new roles after talks to rescue the brand and its stores fell through. Robert Powell said: “Every member of the team has shown all of the Wilko values and pulled together, shown each other they care and […]
Akin Gump Strauss Hauer & Feld has lost one of its financial restructuring partners in London to Allen & Overy. Sophie Jermine joined Akin Gump in 2014 when a mass team joined from collapsing firm Bingham McCutchen. She was a counsel at Bingham, having started her career there in 2006. Her practice focuses on US-based […]
KPMG Law has taken a hit in the City, after one of its partners has left the firm after only a couple of years to re-join his previous firm. Richard Needham has spent two years at KPMG Law, with a practice focused on international business reorganisations. He previously spent 15 years at Baker McKenzie, working […]
Bargain home store B&M has agreed to purchase 51 shops from struggling retailer Wilko, as Shoosmiths leads on rescue bids for the latter. Leeds firm Gordons is advising B&M on the deal, with a team led by real estate partner Joanne Fearnley. Scottish law aspects of the transaction are being handled by Brodies partner Danny […]
Shoosmiths has been appointed as the lead law firm acting on the administration of retailer Wilko. The firm’s insolvency team is acting for PwC administrators Jane Steer, Zelf Hussain and Eddie Williams. Shoosmiths team is led by its national head of corporate restructuring and advisory James Keates, along with partners Lee Sennett and Aaron Harlow. […]
Bryan Cave Leighton Paisner (BCLP) and DWF have led the pre-pack administration deal of Beaconsfield Footwear to WoolOvers Group, securing jobs for over 400 employees. DWF’s restructuring team advised Beaconsfield Footwear, trading as Hotter Shoes, with restructuring and insolvency partner Natasha Atkinson at the helm. Partners assisting from other disciplines included John Campion in corporate, […]
A confidential settlement has been reached in the hard-fought dispute between retail giant Frasers Group against Debenhams’ administrators and several hedge funds, The Lawyer can reveal. Mike Ashley, the billionaire behind Frasers Group and founder of Sports Direct, was pursuing a High Court case against the Official Receiver, the former joint administrators at FRP Advisory, and four […]
Freshfields Bruckhaus Deringer has bolstered its restructuring and insolvency offering in Paris with the hire of a partner from a US firm. Paul Hastings partner Guilhem Bremond will join the firm’s transactions practice, of which the restructuring team is a part, with almost three decades of experience on the debtor side of insolvency matters. Freshfields […]