Wayne Beck Email & Phone Number

London, England, United Kingdom

Recent representative engagements include advising:• A bank in its capacity as lender under a revolving credit facility and as swaps counterparty with Intu Properties plc.

London

Representative engagements included advising:• A global card acquirer in connection with the proposed restructuring of a major global airline due to the impact of COVID-19.• Deutsche Bank AG, London Branch, as respondent in the latest phase of the landmark Lehman “Waterfall” litigation relating to priority between tranches of subordinated debt, release under a New York law settlement agreement and provability of subordinated future debts.• The largest creditor in the Irish law scheme of arrangement of Ballantyne Re plc, an Irish capital markets securitization of a closed block of U.S. life insurance policies.• AlixPartners LLP in their capacity as interim manager of the Abraaj Growth Markets Health Fund following the filing for provisional liquidation of the Abraaj Fund.• A creditor in its challenge of the English law scheme of arrangement of Lehman Brothers International (Europe) (in administration).• Simon Appell of AlixPartners LLP and Eleanor Fisher of Kalo in their capacity as joint provisional liquidators of Ocean Rig UDW in its successful restructuring of approximately $3.8 billion of financial indebtedness, one of the world’s largest-ever restructurings. The restructuring was implemented through four separate and interconnected Cayman Islands law schemes of arrangement with Chapter 15 recognition• LDK Solar Co. Ltd. in its restructuring of more than $700 million in offshore debt by way of inter-conditional Cayman Islands and Hong Kong law-governed schemes of arrangement with Chapter 15 recognition.• The issuer (debtor) in the restructuring of the GRAND (German Residential Asset Note Distributor plc) securitization, which was the largest (by value) European CMBS (€5.13 billion) and the first to be restructured using an English law scheme of arrangement.• The ad hoc committee of junior lenders in respect of the restructuring of junior debt and refinancing of senior debt in Viridian Group by a high-yield bond issue.