Lemi McAuley > Shoosmiths LLP > Leeds, England > Lawyer Profile

Shoosmiths LLP
Platform
New Station Street
LEEDS
West Yorkshire
LS1 4JB
England

Work Department

Corporate, Partner

Position

Lemi is a partner in Shoosmiths’ Corporate Restructuring and Advisory team. Lemi has experience of both contentious and non-contentious aspects of restructuring and corporate insolvency. He specialises in board advisory and transactional matters, including advice on restructuring, turnaround and directors’ duties, security reviews and enhancement, and distressed business sales, together with all aspects of formal insolvency procedures, such as administrations, liquidations and receiverships. Lemi also has extensive experience in acting for lenders in situations involving borrower under-performance, together with experience in advising corporate clients, private equity providers and insolvency practitioners. He has spent time on secondment in the distressed lending teams of two major clearing banks.

Recent experience has involved advising directors of a number of retailers in connection with directors’ duties in the context of financial difficulty; leading a divestment programme for a prominent US private equity investor, completing portfolio disposals of NPL assets with a value of circa £500 million; acting for KPMG as administrators of a major construction group; and providing advice to a syndicate of banks on the insolvency and subsequent disposal of a major online retailer.

Lemi is ranked in both the Legal 500 as a Rising Star and the Chambers UK Guide. Lemi is regularly called upon to speak at external events and R3 conferences on restructuring and insolvency and is a regular contributor to insolvency publications.

Lawyer Rankings

Yorkshire and the Humber > Finance > Insolvency and corporate recovery

Shoosmiths LLP established a corporate restructuring practice in Leeds in 2020 with the hires of Lemi McAuley, who joined as a partner from Eversheds Sutherland (International) LLP in March, and principal associate Lizzy Wood from DLA Piper. McAuley has expertise in board advisory, transactional and contentious matters, handing all aspects of formal insolvency procedures, covering administrations, liquidations, and receiverships. He also acts for lenders in situations involving borrower under-performance. Wood also provides crucial restructuring support to corporates, private equity investors and lenders, as well as advising on turnaround and directors’ duties, security reviews and distressed business sales.