Jennifer Brennan is Global Vice Chair of Latham & Watkins’ Finance Department and a partner in the Restructuring & Special Situations Practice.

Ms. Brennan has extensive experience advising the full range of stakeholders across the capital structure, including asset managers, hedge funds, alternative capital providers, banks, private equity sponsors and corporates, on restructuring, special situations, and finance transactions.

Ms. Brennan is particularly focused on managing large-scale, multi-jurisdictional transactions and matters requiring the navigation of diverse stakeholder interests to achieve commercial solutions. The implementation of such transactions has been through a variety of means and processes, including UK schemes of arrangement, UK company voluntary arrangements, US Chapter 15, Spanish homologation, Canadian CCAA process, pre-packaged administration, security enforcement, and French mandat ad hoc and conciliation, and have at times involved the injection of new financing to both bridge liquidity and to support the new capital structure.

Ms. Brennan has experience in a range of sectors including retail, automotive, chemicals, energy and renewables, financial services, manufacturing, healthcare, pharmaceuticals, logistics, gaming, and telecommunications.

Ms. Brennan’s representative transactions include advising:


  • Acting for the majority bondholder committee in relation to the restructuring of Intrum’s debt capital structure
  • A group of senior lenders in relation to FläktGroup, the German-headquartered global manufacturer of indoor air technology and management systems on the amend and extend of its c. €390 million debt capital structure
  • Representing the senior creditors committee in relation to the ongoing c. €375 million debt and equity restructuring of Pronovias, the Spanish wedding and occasion wear business
  • Acting for a Tier 2 Noteholder in relation to the recovery of value on its investment in Eurovita, an Italian life insurance business owned by Cinven, when it went into special administration
  • The senior creditors committee in relation to the c. €300 million rescue financing and subsequent c. €2.9 billion debt and equity restructuring of Swisspobal aviation services business headquartered in Switzerland
  • New Look, the UK-headquartered national fashion retailer in relation to the Company Voluntary Arrangement (CVA) of its store portfolio and a restructuring of its c. £1.35 billion debt restructuring in 2019 and of its £600 million debt and equity recapitalisation in 2020
  • The ad hoc committee in relation to the restructuring of Deoleo S.A., a Spanish headquartered and global olive oil production and distribution business, involving a Spanish homologacion process, partial debt for equity swap, new rights issue and complex intra-group reorganisation with business and asset hive down
  • A Spanish-headquartered airport solutions business in relation to its consensual “amend and extend” transaction of its first and second lien facilities
  • The committee of senior secured creditors in relation to Doncasters Group, the UK-headquartered international manufacturer of high-precision alloy components on its c. £620 million debt capital structure
  • A Lead Investor in connection with the restructuring of General Healthcare Group’s (operating as BMI Healthcare) c. £2 billion opco/propco capital structure, Britain’s largest private healthcare group
  • A UK recreation facilities business in relation to its new money, covenant re-set and amendment process
  • The creditors on the c. €450 million debt and equity restructuring of the French-headquartered trucks leasing business, Fraikin Group, and representing Fraikin Group and its shareholders in the post-restructuring merger between Fraikin and Via Location
  • The coordinating committee of lenders on the c. £2.3 billion restructuring of hibu (formerly Yell), a US, UK, and Spanish directories business, named Global Finance Deal of the Year – Restructuring & Insolvency in The American Lawyer’s Global Legal Awards 2014
  • The lenders in relation to the c. €400 million debt-to-equity restructuring of Marken, a global specialist logistics business, and the shareholders and Marken in the subsequent M&A exit to UPS
  • Triton in respect of its acquisition and refinancing of the Kährs group, a wood flooring manufacturer and retailer, via a “loan to own” consensual restructuring
  • The exit ABL provider in connection with a new ABL facility to Michigan-based supply chain and logistics company Syncreon as part of the restructuring of the Syncreon group through English schemes of arrangement subsequently recognised by the Canadian court under the Canadian Companies’ Creditors Arrangement Act and US court under a US Chapter 15 process
  • A leading international bank, as senior lender to two securitisation vehicles, in connection with the restructuring and pre-pack administration of the originator
  • An existing shareholder of Toshiba Corporation with respect to the US$5.4 billion share issue by Toshiba Corporation for the purpose of avoiding a delisting from the Tokyo Stock Exchange and the potential acquisition of claims against certain of its subsidiaries
  • Certain bondholders on the restructuring of Oi S.A. (a Brazilian telecoms group), and associated subsidiaries

Special Situations Lending and Direct Lending Matters

  • OneIM in relation to the financing of the UK P2P acquisition by Apollo of The Restaurant Group plc (owner of Wagamama)
  • Blackstone Credit in relation to the financing of the UK P2P acquisition by Valtech, a portfolio company of BC Partners, of Kin and Carta plc
  • Atlantic Park in relation to the financing of the acquisition by Epiris of GSF Car Parts from LKQ Corporation
  • Deoleo in relation to a super senior RCF financing provided by a confidential direct lender
  • The anchor investors in relation to the c. €25 million new money financing of Dümmen Orange, a Dutch headquartered international plant and flower business by way of super senior debt and rights offerings
  • Bain Capital Credit on its joint investment in Food Service Project, SA (Alsea Europe) with Alsea, SAB de CV, the leading operator of quick service restaurants, coffee shops, casual and family dining establishments in Latin America and Europe and Alia Capital Partners
  • A confidential direct lender on an unsecured Holdco PIK facility in connection with the public to private acquisition by Blackstone and the Benetton family of Italian infrastructure group Atlantia
  • A confidential direct lender in relation to the financing of the acquisition (and further bolt-on acquisitions) by BC Partners of a majority stake in Davies Group, a leading specialist professional services and technology business serving the global insurance market
  • A confidential direct lender on Holdco PIK facility to a consortium member in connection with the acquisition by the consortium of Autostrade per l’Italia, one of the leading motorway operators in Europe, valued at €9.3 billion
  • A confidential direct lender in relation to the financing of the acquisition by BC Partners of Valtech, a digital-services agency business
  • A confidential direct lender in relation to the financing of the acquisition (and subsequent) bolt-on acquisitions) by Cranemere of The Engineered Stone Group, the largest producer of engineered bathroom products in Europe
  • A confidential direct lender on term loan facilities in connection with The Carlyle Group’s acquisition of the Acrotec Group, the Swiss headquartered leading independent supplier of high precision industrial applications to the watchmaking and MedTech industries
  • A confidential direct lender on a Holdco PIK subordinated financing of public to private of Industria Macchine Automatiche S.p.A., a European company in the packaging sector
  • Atlantic Park Strategic Capital Fund on £40 million debt and equity capital investment to Morris Homes, one of the UK’s largest privately-owned housebuilders
  • A confidential direct lender on Holdco PIK and subordinated financing of Advent, Cinven and RAG-Stiftung’s c. EUR 17 billion acquisition of Thyssenkrupp’s elevator business
  • The lenders on the unitranche and super senior revolving facilities supporting the acquisition of the Agilisys Group

Bar Qualification

  • England and Wales (Solicitor)


  • Bachelor of Laws (Hons) & Bachelor of Business (Dist.), Queensland University of Technology, Australia, 2005