Hugo Bodkin advises both debtors and creditors in major French pre-insolvency and insolvency proceedings, as well as out-of-court and complex cross-border restructurings.

Hugo acts across the full spectrum of French pre-restructuring, restructuring, and insolvency proceedings, including mandat ad hoc, conciliation, safeguard, accelerated safeguard, and judicial reorganization proceedings, both on a standalone basis and alongside distressed M&A processes. His strong finance background enables him to combine restructuring expertise with the structuring of new money and capital solutions for distressed companies.

His clients include debtors and their management, private equity sponsors, lenders, hedge funds, and credit funds, and he acts for investors and buyers seeking opportunities in distressed situations

His practice focuses on:

  • Financial restructurings of highly leveraged groups and distressed LBOs, including amend-and-extend transactions, debt-to-equity swaps, and loan-to-own strategies 
  • Structuring new money financing for distressed companies 
  • Distressed M&A, from share deals to asset acquisitions under a plan de cession 
  • Special situations and capital solutions 

He is a member of the Association des Jeunes Professionnels du Restructuring.

Before joining Latham, Hugo practiced in the restructuring department of another international law firm.

Hugo’s recent experience includes representing:

  • SEQENS, a global leader in pharmaceutical solutions, active ingredients, and specialty products, in its financial restructuring
  • Colisée Group, one of the leading providers of nursing home and homecare services, in its financial restructuring
  • iQera Group (debt collector) in its lender-led debt-to-equity swap, implemented through accelerated safeguard proceedings (high-yield debt)
  • Alcentra Limited in the financial restructuring of People & Baby Group
  • AccorInvest Group in its financial restructuring and €4.7 billion amend-and-extend
  • Apollo in an up to €1.5 billion high-grade capital solution to Air France-KLM’s loyalty program Flying Blue
  • The steering committee of TLB secured lenders (c. €1.5 billion) in the €8 billion financial restructuring of Casino implemented through accelerated safeguards
  • Briarwood Chase Management as minority shareholder and creditor in the financial restructuring of Technicolor Creative Studios 
  • The bilateral lenders of the GEFCO group as a result of the sanctions imposed on its main shareholder, the Russian company Russian Railways, and the subsequent acquisition of the group by CMA-CGM
  • The Pimkie group, a French apparel brand, in its financial and operational restructuring and sale process
  • Loxam, France’s market leader and the fourth-largest global player in equipment and tool leasing, in connection with a €130 million loan from the European Investment Bank (EIB)
  • Fortress Investment Group in the restructurings of Football Club des Girondins de Bordeaux
  • Farallon Capital as subscriber of GreenYellow’s issue of €109 million convertible bonds with warrants attached (OCABSA); GreenYellow is a leading energy transition company and subsidiary of Casino Group
  • Marathon Asset Management in the refinancing and early repayment of Foraco International SA’s existing debt 
  • Fedrigoni in the takeover of certain Arjowiggins France’s activities under insolvency proceedings
  • Smyths Toys in the takeover of the assets and activities of Luderix International (operating the PicWicToys brand) by way of an asset sale plan

Bar Qualification

  • Avocat (Paris)

Education

  • Master 2 in Business and Tax Law, University of Paris XI, 2016
  • LL.M. in International Commercial Law, University of Exeter, 2015

Languages Spoken

  • English

Practices