Musonda C. Mutati

Mr. Mutati’s experience includes advising:

• The ad hoc group of TLB lenders on the €310 million debt recapitalization and extension transaction of Flamingo International Group, a leading global horticultural group headquartered in the UK
• Ascendis Health Limited on its recapitalization and the restructuring of debt incurred under senior finance documents*
• Virgin Atlantic Airways Limited on its £1.2 billion recapitalization, which included the restructuring of debts using the first restructuring plan under the Corporate Insolvency and Governance Act 2020*
• The bank creditors on the proposed restructuring of the financial indebtedness of the Thomas Cook Group prior to its entry into compulsory liquidation*
• The creditors of the Interserve Group on the pre-pack administration sale of the Interserve business in 2019*
• The ad hoc committee of creditors on the restructuring of US$2 billion of debt of a UAE-based construction group with operations and assets worldwide*
• A bank creditor on the restructuring of the financial indebtedness of the Frigoglass group and the subsequent disposal of its UAE business*
• Advised the Dutch debtor on the implications of its English subsidiaries entering administration in the event that a rescue deal was not concluded*
• Wide range of stakeholders with, or seeking, exposure to one or more entities in the Lehman Brothers group during the group’s insolvency proceedings*
• Facility and security agent under finance documents relating to a food production and restaurant company*
• Creditors under a super senior facility entered into to fund the liquidation claims of a group of commodity trading companies following a US$2.25 billion restructuring of their financial indebtedness*
• A foreign agriculture supply chain company on the treatment of its arbitration claims under the scheme of arrangement proposed by the Noble group*
• Distressed debt fund on its proposed investment in secured high-yield debt structures of two large European multinational companies*
• Bank creditor on debt trading matters in the context of the Oi S.A. restructuring*
• Ad hoc group of South African MTN bondholders during the restructuring of the global retail chain, Steinhoff group*
• Four Seasons Group on the refinancing of its debt facilities*
• Erin Energy on the English law aspects of its restructuring under US Chapter 11 proceedings*
• Brent Community Law Centre on restructuring matters in light of its financial difficulties*
• Various UK-based banks on their cash pooling arrangements in particular cases and more generally for the purposes of their capital requirements*

*Matters handled prior to joining Latham