Simon J. Baskerville

Mr. Baskerville’s representative transactions include advising:

• The senior secured lenders to the Lifeways Group, the UK’s largest supported living provider, in respect of its holistic balance sheet restructuring and recapitalization; this included the first successful restructuring plan by a regulated UK healthcare business and involved use of the English Court’s cross-class cramdown powers
• The ad hoc group of senior lenders to Vue Cinemas in relation to its ongoing c. €1 billion debt and equity restructuring
• Tullow Oil plc, the largest UK listed independent energy company, on its refinancing planning and discussions with lenders and bondholders which led to a US$2.4 billion refinancing of its reserved based lending facility and certain of its bonds
• The senior creditors committee in relation to the Company Voluntary Arrangement (CVA) and the subsequent c. £740 million debt and equity restructuring via the new UK ‘restructuring plan regime’, of PizzaExpress, the UK and international casual dining group
• The senior creditors committee in relation to the €1.9 billion debt and equity restructuring of Selecta, a Swiss-headquartered pan-European coffee and vending machine business
• The private equity sponsor on the debt restructuring and sale of CarTrawler, a global travel technology solution provider
• Addison Lee, the world’s largest managed group transportation service provider, on its recapitalization and sale of the UK business to a consortium of investors, and sale of the US business to a strategic investor
• The ad hoc committee of lenders to Steinhoff Europe AG in respect of the €8 billion financial restructuring of the Steinhoff group, one of the largest global restructurings in recent years
• Young's Seafood group on its sale to Karro Food Group, owned by CapVest Partners‎, and the related restructuring negotiations with its bondholders
• The ad hoc committee of bondholders in respect of the financial restructuring of the Johnston Press group         
• The committee of lenders on the restructuring of the Prezzo group
• Savannah Petroleum plc in respect of its investment in, and acquisition of, the Seven Energy group
• Various funds on special situation financings across the globe, including a financing secured on multiple vessels operating off of the coast of Africa and a financing secured on a large hotel complex in Italy
• The senior lender committee on the restructuring and refinancing of Promotora de Informaciones, S.A. (PRISA)
• The lenders and fixed charge receivers in respect of restructuring negotiations with the borrower and servicers in the REC-VI/Alburn CMBS and subsequent enforcement and receivership appointment over multiple commercial properties across the UK*
• The secured lender and the fixed charge receivers on the enforcement and sale by the receivers of over 60 commercial properties as a single portfolio, which was the first transaction of its type in the market*
• A number of leading global investments funds on their bids for and subsequent acquisition and work-out of various UK and European commercial real estate debt portfolios between 2010 – 2014*
• The ad hoc bondholder committee on the restructuring of the Cattles group, the UK's largest sub-prime lender*
• The ad hoc bondholder committee on the restructuring of the Taylor Wimpey group, one of the UK's largest house-builders*
• A leading global investment management fund on its acquisition, and merger, of the Countryside Properties and Millgate Homes housebuilder groups*
• The junior lenders on the restructuring of the debt secured on the Adelphi building in London, and subsequent sale to a private equity sponsor*
• A sovereign wealth fund on its acquisition from receivership of the European headquarters of a global investment bank and related restructuring through a cross-border scheme of arrangement and financing*
• The Punch Taverns securitization groups on the demerger of the Spirit pub group and their subsequent bond restructuring*
• The ad-hoc committee of bondholders on the restructuring of Petropavlovsk, a UK listed Russian gold mining company*
• A leading global investment fund on its joint bid and acquisition of the restructured debt and equity of the PHS group, a leading provider of workplace services*
• The senior lenders on the restructuring of Ascometal, the French based specialist steel manufacturer*
• A committee of bondholders on the Belize sovereign debt restructuring, which included negotiations with the monoline insurer which wrapped the bonds*
• Acting for an ad-hoc committee of Co-op Group bondholders on the Co-op Bank restructuring*
• A leading global investment management fund on the debt refinancing of the Alliance Medical group and subsequent acquisition of the group’s restructured debt and equity*
• The lead bank on the secondary debt investment into, and subsequent joint-venture acquisition of, the Crest Nicholson group, a UK housebuilder, by means of a debt-for-equity restructuring*
• Certain lenders in respect of the restructuring of the Rodenstock group and the related scheme of arrangement which led to the leading case on the jurisdictional scope of UK schemes of arrangement*
• The ad hoc bondholder committee on the bond restructuring of, and repayment negotiations with, the Icelandic bank, ALMC (formerly known as Straumur-Burdaras Investment Bank)*
• Ipswich Town Football Club on its administration, CVA, public fundraising and subsequent sale to a private investor*
• A senior lender coordinating committee and the administrators on the pre-pack sale and refinancing of the dentist group, James Hull Associates*

*Matter handled prior to joining Latham