The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Akin Gump LLP

Work 020 7012 9600

James Terry

Work +44 20.7661.5310
Akin Gump Strauss Hauer & Feld LLP

Work Department

Partner; Financial Restructuring


James Terry practices in the areas of cross-border and domestic financial restructuring, workouts and insolvency. He represents hedge funds, bondholders, institutional lenders, secondary market investors and creditor committees in relation to strategic and legal issues concerning their distressed debt and special situation investments. Mr. Terry is a leading practitioner in the London market on Norwegian bond restructurings as well as restructurings in the offshore, oil and gas and shipping sectors.

To learn more about Mr. Terry, please visit his full profile:


L.P.C., The College of Law, Chester, 1994; LL.B., University of Leeds, 1993

London: Finance

Corporate restructuring and insolvency

Within: Corporate restructuring and insolvency

Benefiting from 'top-drawer knowledge and experience', Akin Gump Strauss Hauer & Feld's 12-partner team is 'absolutely at the top of its game' and remains the standout practice in the market on behalf of bondholders engaged in complex international restructurings. 'A market leader on private placement cross-border restructurings', co-head Barry Russell's 'strong reputation and knowledge of all the players in the London market are critical value-drivers leading to optimal commercial results'. Russell's recent highlights include acting for the private placement noteholders in relation to Premier Oil’s restructuring and Carillion’s insolvency. Praised for his 'depth of knowledge in several areas on the law', Tom Bannister worked closely with Russell on the aforementioned instructions and is also noted for his 'timely and practical advice'. 'Commercial and thoughtful' co-head James Roome recently represented Brunswick Rail, a Russian railcar leasing business, on its $600m bond restructuring. The 'highly commercial and strategic' James Terry is a leading practitioner in the London market on Norwegian bond restructurings as well as restructurings in the offshore oil and gas and shipping sectors. The 'energetic and pragmatic' Liz Osborne, 'excellent' Neil Devaney and Emma Simmonds are also recommended.

[back to top]

London: Projects, energy and natural resources

Oil and gas

Within: Oil and gas

Akin Gump Strauss Hauer & Feld 's oil and gas offering covers corporate transactions, regulatory matters and energy disputes under the leadership of corporate specialist John C. LaMaster and litigator Justin Williams . The team is currently advising Soma on its new exploration project in offshore Somalia. and the Palestine Power Generation Company appointed the group to oversee its project to develop a power plant in Northern Palestine which will initially be fuelled by natural gas from Israel and then from Gaza. James Terry and Marc Hammerson acted for Nordic Trustee on the acquisition of the Xcite North Sea oil business by a SPV by Norwegian bond holders. Richard Hornshaw is also a key name to note; he represented Tatneft in English Court proceedings against four Ukrainian defendants seeking the recovery of $400m arising from allegations of fraud which allegedly deprived the client of revenue. Julian Nichol joined the firm's project finance group from Bracewell (UK) LLP .

[back to top]

Back to index

Legal Developments in London

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • The legal difference between a consultant and an employee according to Nicaraguan Law

    Knowing the legal difference between a consultant and an employee is important for a company that needs to hire someone in Nicaragua or for a person interested in rendering services for a company or another person, due to the fact that the nature of the contractual relationship will determine many factors that both parties must be aware of before executing the contracting modality that will govern the relationship between them - the nature of the contractual relationship impacts on the employment benefits, tax implications and liabilities that the parties must comply with according to the law.  labor_law_in_nicaragua
  • Single director - shareholder Companies according to the Nicaraguan legal system

    What is a Single Shareholder and Director legal entity?
  • Business in Nicaragua- The Most Important Changes in the Recent Tax Reform

    In recent years, the country ŐĀs the government has been committed to improving Taxation in Nicaragua and attempting to follow the legislative model used by some of the other countries in the region. Starting January 1st, 2013, a new tax law (Law No. 822, Tax Concertation Law) came into force in and completely changed the taxation system in Nicaragua. Two years later a new law was issued by the National Assembly containing more than 80 amendments, additions and repeals (Law No 891) which came into force December 18th, 2014.