Joshua Bauernfreund

Josh advises companies, lenders, investors and insolvency practitioners across the full spectrum of restructuring and insolvency matters, including complex corporate restructurings, contentious and non-contentious insolvency matters and distressed acquisitions.

Highlights include advising:

• Cineworld Group plc, one of the largest cinema chains in the world, in connection with the Chapter 11 cases for its UK, US and Jersey businesses
• Next on the acquisition out of administration of the majority of the assets of Joules
• Atlas Mara, the sub-Saharan African financial services group, on its strategic options and debt restructuring which included negotiations with multiple bilateral lenders, new money providers and convertible bondholders
• ASOS on the acquisition out of administration of the Topshop, Topman, Miss Selfridge and HIIT brands
• Hema, the Dutch retailer, on its multi-jurisdictional financial restructuring designed to deleverage its capital structure, including a debt-for-equity swap and new money raise, and which was implemented by means of a scheme of arrangement and a security enforcement sale
• TVS Motor Company, the global manufacturer of two and three wheeled vehicles, in connection with its acquisition out of administration of the iconic British motorcycle brand, Norton
• Interserve plc, one of the world’s leading support services and construction groups, on the development and implementation of a deleveraging plan designed to reduce the group’s debt by approximately £485 million and provide £110 million of fresh liquidity
• The Board of Thomas Cook Group plc, in connection with the proposed recapitalisation plan, the liquidation of Thomas Cook Group plc and the subsequent parliamentary inquiry
• Carillion, in relation to its restructuring efforts, as well as the Official Receiver and Special Managers (PwC) in connection with the sale of certain businesses
• The administrators of the Wonga Group, previously the UK’s largest payday lender, in relation to the conduct of the administration