Able to draw upon the expertise of eight core restructuring partners, as well as leveraging its impressive overarching acquisition finance offering and international reach, Latham & Watkins (London) LLP can ‘navigate the most complex deals in the market’ for creditors, debtors and investors. Yen Sum ’excels at fostering collaboration’ between stakeholders with competing interests, which in turn ensures she is able to achieve ‘unparalleled results’ for lenders and bondholders in complex cross-border restructurings, liability management exercises and special situations. David Wallace and Jennifer Brennan are also key to the firm’s success for bondholder committees and funds, with Wallace benefiting from excellent insight into the commercial drivers of the private credit space through his previous tenure at Alcentra. ’Highly knowledgeable’ team head Bruce Bell also handles some creditor work, but is best-known for his skill at helping corporate debtors extricate themselves from financial difficulty, including through the utilisation of Schemes of Arrangement.
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Profile

Profile

Position

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

She 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.

Jennifer 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.

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

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Testimonials

Collated independently by Legal 500 research team.

  • 'At every stage of a restructuring, they are always one step ahead and can navigate the most complex deals in the market.' 'Bruce Bell and James Chesterman are highly knowledgeable, easily approachable and bring unique perspectives to the table.' 'Yen Sum possesses a unique talent for navigating complex restructurings and delivering unparalleled results. One of her most impressive attributes is her ability to bring lenders together.' 'Yen Sum's approach is both strategic and empathetic, ensuring that all parties feel heard and aligned toward a common goal.'

Key clients

  • AFE S.A. Alcentra Apera Asset Management Goldman Sachs Intermediate Capital Group Labro Investments Onex Partners PlusServer Group Small World Vertical Aerospace

Work highlights

Advising the majority bondholders’ committee in connection with c. €5.15bn recapitalisation of Intrum, a provider of credit management and related financial services.
Advising the lenders on c. $1.8bn debt restructuring, including a full refinancing of the existing capital structure of Petrofac, a leading international service provider to the energy industry.
Advised the shareholders and PIK lenders of Doncasters Group, a leading international manufacturer of high-precision alloy components.