Chris Beatty

Restructuring and Liability Management

• FTX as debtor’s counsel in its pending Chapter 11 proceedings (ongoing) and Meyer Burger as debtor’s counsel in its global restructuring
• An ad hoc committee of bondholders of No Va Land Investment Group Corporation in the restructuring of No Va Land’s US$300 million Convertible Bonds via a pre-packaged scheme of arrangement in Singapore – “Restructuring Deal of the Year” by IFLR Asia-Pacific Awards 2025 and “Successful Restructurings of 2024” by Turnarounds & Workouts
• An ad hoc committee of bondholders in a potential restructuring of around $1.8 billion offshore bonds issued by China SCE Group Holdings Limited (ongoing)
• An Ad Hoc Group of bondholders of European TopSoho Sàrl, a subsidiary of Shandong Ruyi and the parent company of SMCP (ongoing)

• An Ad Hoc Group of Bondholders of Oriflame, a Swedish cosmetics maker (ongoing)
• An Ad Hoc Group of Convertible Bondholders of Arrival in a distressed “uptier” exchange and new money investment, which has been followed by the insolvency of the Arrival business and marketing of the Arrival assets for sale by its administrator (ongoing)
• The lead secured creditors on the sale of certain of Mithra Pharmaceuticals SA’s material assets through a prepacked bankruptcy proceeding before the Tribunal de l’Entreprise in Liège, Belgium
• The lead secured creditors on the sale of Arrival SA through insolvency proceedings in multiple jurisdictions
• The secured lenders in the restructuring and recapitalization of Biocartis Group NV
• Barclays Bank Plc as administrative agent and sole bookrunner to Cineworld Group plc in its Chapter 11 restructuring which involved a $1.935 billion Debtor-In-Possession credit agreement
• The secured lenders to Mithra Pharmaceuticals on the bridge-to-insolvency secured financing and subsequent sale of substantially all of the assets of Mithra to a third party in the court-approved Belgian insolvency of Mithra Pharmaceuticals
• Two funds in the distressed “uptier” exchange and convertible loan financing for Biocartis which was followed 12 months later by a debt-for-equity swap following an out-of-court security enforcement over substantially all of the assets of Biocartis
• The largest creditor in the Part 26A restructuring plan of the Project Fürst development in Berlin
• Two credit funds on a private exchange of outstanding bonds for new bonds and warrants of Trinity Biotech
• A credit fund on a private “downtier” exchange of outstanding bonds for equity in Peabody Coal
• The Dealer Managers on a tender offer by Rallye
• An Ad Hoc Group of lenders of Dummen Orange
• BHP Billiton and CNH Industrial in respect of their liability management transactions
• CSM Bakeries on its Amend & Extend financing transaction
• The bondholders in the recapitalization of Norwegian Air Shuttle
• The bondholders of Distribuidora Internacional de Alimentación, S.A. (DIA) in relation to a liability management transaction in respect of €300 million unsecured notes (2020)
• The Carlyle Group (U.S.) in its investment in and restructuring of the Prezzo group (U.K.)
• York Capital, who led the Ad Hoc Committee of Senior Secured Note Holders, in relation to Bibby Offshore Group’s financial restructuring and recapitalisation
• The lender on the restructuring of UK/Australian law firm, Slater and Gordon
• The Committee of Senior Secured Noteholders on the restructuring of Brighthouse Group Limited
• An Ad Hoc Group of Revolving Lenders on the Expro bankruptcy
• Pacific Drilling on its refinancing and restructuring
• Atlas Iron on its restructuring by way of Australian Scheme of Arrangement
• The second lien lenders in the restructuring of Doncasters
• A bondholder in the restructuring of Steinhoff
• Royal Bank of Scotland plc, HSH Nordbank AG, Piraeus Bank SA and Aegean Baltic Bank SA on the consensual restructuring of Danaos
• The Committee of Unsecured Noteholders on the $3 billion global restructuring of Algeco Scotsman, Inc.
• The Co-ordinating Committee of Creditors on the global restructuring of Abengoa, a Spanish renewables company operating in more than 80 countries across Europe, the Americas, Africa, Asia and the Middle East
• The Committee of Senior Secured Noteholders on the restructuring of Emeco Holdings Limited by way of Australian Scheme of Arrangement
• The Senior Secured Creditors in the successful restructuring of Towergate Insurance Group
• Zim Integrated Shipping in respect of its debt restructuring and its subsequent tender offer to purchase its outstanding 3.0% Series 1 Notes and 5.0% Series 2 Notes at 80% of face value

Corporate Finance Transactions

• The initial purchasers to Karoon USA Finance Inc. on its $350 million debut Rule 144A/Reg S offering of second-priority senior secured notes
• The equity & debt holders to a newly formed litigation funding vehicle (2019) and an incubator in the drinks industry
• Acting as U.S. and English financing counsel to CNH Industrial, Koninklijke Philips, Hellofresh and Signify N.V. on their corporate and acquisition finance transactions, capital markets financings and liability management transactions
• Representing the lenders to Celsa Poland on its financing transactions
• Several private family offices in connection with their private margin loan and other secured financings
• Representing a credit fund that is the senior lender to the Aston Martin F1
• Representing a credit fund that was the super-senior lender to PizzaExpress
• Acting as U.S. counsel to the initial purchasers in multiple tranches Jaguar Land Rover’s high yield bonds and related liability management transactions
• Representing credit fund that is the subordinated lender to FlixMobility
• Representing a credit fund that is the senior lender to the Caffe Nero
• Representing CSM Bakery Solutions on U.S. and English aspects of an amendment and extension of its credit facilities
• The lenders and underwriters of Tele Columbus’ leveraged loan and high yield bond transactions and related liability management transactions
• Morgan Stanley Infrastructure Partners in connection with the acquisition financing for (i) the PNE takeover and (ii) the VTG takeover
• Alcatel-Lucent in series of high-yield bond and term loan B refinancing transactions
• SoftBank on an approximately $4.5 billion multi-tranche senior notes offerings
• Elis S.A. in respect of Novalis S.A.S.’s €800 million high-yield senior note offering pursuant to Rule 144A/Reg S following Elis’s initial public offering