Restructuring Associate

Job title:

Restructuring Associate

Company

Pinsent Masons

Job description

Job Description:Restructuring Associate – 3-7 years PQELocation: LondonBriefWe are looking to recruit a Restructuring/Special Situations Associate between 3-7 years PQE with debt and debt restructuring experience to join our London office. The role will suite a finance or restructuring lawyer with financing credentials and some experience in special situations and/or distressed debt.Candidates should have particular experience working on finance agreements, security and intercreditor arrangements in a distressed or special situations context.Our London TeamOur London Team has a strong focus on a wide range of restructuring and special situations matters across sectors such as, financial services, real estate, retail and education.Our market-leading practice focuses on debt refinancings and restructurings, business restructurings and asset sales and special situations and is well supported by its integrated international network.Our National TeamNationally, our highly rated Restructuring team, part of our Banking and Finance group, advises financial institutions, turnaround and insolvency practitioners, company directors, shareholders and other stakeholders on strategies for recovery and turnaround. We act for all the major clearing banks as well as a wide variety of other lenders. We also act for specialist lenders and funds lending into distressed and other special situations, including administration funding.We are regularly involved in more complex, high value restructurings at an early stage in the financial decline curve, with the aim of providing innovative solutions which improve returns to stakeholders and, in many cases, avoid an insolvency process altogether. We are building an increasing reputation for our special situations practice too, having been instructed on a number of high profile assignments where insolvency is not imminent but there is high risk/complexity.Operating across the UK and beyond, the team has 14 partners and a team of 32 lawyers making it one of the largest teams of any practice.Key clients

• All UK clearing banks except the Bank of England
• A number of overseas banks
• Sandton Capital
• Rcapital
• Blazehill Capital
• PwC
• Deloitte
• Teneo
• Interpath
• FRP
• EY
• BDO
• Grant Thornton
• Alvarez & Marsal
• Gordon Brothers
• Evelyn Partners
• RSM Advisory
• Quantuma Advisory

Work highlights

• Advising Retail Realisation on the financial restructuring and ultimate administration of the Paperchase group.
• Advising Gordon Brothers and Aurelius as lenders on the take private and financial restructuring of French Connection.
• Advising Nostrum Oil & Gas in connection with its $1bn Scheme of Arrangement, in particular around the structuring of its compromise of certain noteholders subject to sanctions by the UK Government.
• Advising Modella Capital on the financial restructuring and ultimate administration of Ted Baker’s UK business.
• Advised FRP Advisory Limited as the joint administrators of Safe Hands Plans Limited, a pre-paid funeral provider to approximately 46,000 customers in the UK.

TestimonialsThe team displays a very professional, proactive and highly collaborative approach.’‘The team are technically strong, particularly from a banking/security perspective, as well as highly commercial dealmakers who are often critical to us completing deals, enabling us to complete transactions swiftly often in competition with other investors ensuring we take a balanced view of risk/reward. There is no other team who we can go to in highly complex situations where we need both core R&I led advice supported by strong cross functional teams.’Legal 500, 2024The team won “Restructuring Team of the Year” at the Lawyer’s awards for 2023 and is nominated for 2024.The Candidate RequiredThe successful candidate will ideally:

• have gained experience in a City, or a strong national or regional, firm.
• be technically excellent but equally important, commercially aware and enthusiastic about business development
• be a team player with a strong client focused approach
• have a strong academic background and excellent communication and organisational skills.

The role is wide-ranging, will focus on and include:

• developing on-going relationships with an existing client base as well as pitching for new opportunities;
• developing close working relationships as part of an international team;
• the opportunity to be involved in work in the very best national and international work.

What will we offer you?

• We are a market leading, dynamic and growing global team who work together to produce outstanding results for our clients.
• We invest in our team and have a first-class training and career development programme. Our training reflects our position as a market leader in communications and sourcing. Our training will assist you to develop as a specialist with valuable sector knowledge and the ability to deliver “best in class” services.
• Early responsibility and opportunities to develop client relationships.

About the FirmPinsent Masons is a global 100 law firm, with over 3,400 employees operating out of 27 locations across Europe, Asia Pacific, Africa and the Middle East. We have a long-standing reputation for delivering high-quality legal advice rooted in a deep understanding of the sectors and geographies in which our clients operate. Our global reach ensures that we are well-placed to advise on complex multi-jurisdictional matters across a full range of legal disciplines.The firm has significant multinational credentials in the financial services, energy, infrastructure, real estate, and advanced manufacturing and technology sectors. Services provided across these sectors include asset management and investment funds, corporate and M&A, commercial, competition, litigation and arbitration, banking, restructuring, insurance, regulatory, construction, projects, pensions, property, planning and environmental, procurement, outsourcing, employment, share plans and incentives, technology and tax advice.We champion change and promote progress to make business work better for people. Pinsent Masons has embedded a range of diversity and inclusion initiatives to create an environment in which its people can flourish. We operate an agile working scheme, which offers our employees flexibility in terms of where, and how, they work.We stand out for our innovative approach to service delivery. For example, the firm has developed a number of in-house legal technology and project management solutions, operates a hub of freelance lawyers, called Vario, and a global Diversity and Inclusion consultancy, Brook Graham. Put simply, we offer a range of professional disciplines to our clients, enabled by our people, process and technology.AwardsPinsent Masons has achieved more tier 1 rankings in The Legal 500 UK guide than any other firm, won the “Law Firm of the Year Award 2021 – Legal Business” and is recognised among the most innovative law firms in Europe by the Financial Times. The firm has been recognised as a leading lesbian, gay, bi and trans employer by LGBT charity Stonewall in its Top Global Employers Index 2020 for the fifth consecutive year. Please click here to view full list of our global awards and nominations –At Pinsent Masons we value diversity and inclusion. We are committed to creating a better workplace where all our talent can succeed and feel like they belong. We want to attract, retain and develop people at all levels and encourage applications from all suitably qualified candidates whatever your ethnicity, religion, age, physical or mental disability/ long term condition, sexual orientation, gender identity or expression or any other characteristics protected by local law in the jurisdictions in which we operate.We want everybody attending an interview to be comfortable and able to fully demonstrate their experience and talents. If you require any additional support or adjustments to help you do this, please let us know.Should you require further details, please contact our in house Lateral Recruitment Advisor Johenn Choi who can discuss the role and requirements.Contact details:https://www.linkedin.com/in/johenn-choi[email protected]#LI-LRJC

Expected salary

Location

London

Job date

Fri, 14 Jun 2024 05:22:47 GMT

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