Matthew Thorn
Partner
Norton Rose Fulbright LLP
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Biography
Matthew Thorn is a restructuring and insolvency lawyer based in London.
Matthew has extensive experience acting for debtors, creditors, insolvency practitioners, directors and other stakeholders in financial restructuring transactions, almost all of which include a cross-border element. He advises on enforcement of debt and security and formal restructuring and insolvency processes. His work has recently focused on the energy, shipping, offshore, aviation and infrastructure sectors.
Matthew also acts on banking and finance matters.
Matthew has been at the firm since 2010 having previously worked for a leading law firm in New Zealand.
Professional experience
Collapse all- Barrister and Solicitor of the High Court of New Zealand
- qualified in England & Wales
Advising / acting for:
- A global steel, energy and commodities group on its multi-billion dollar financial restructuring.
- The co-ordinating committees of banks on the billion dollar financial restructuring of the Vroon group, a large international shipping and offshore service organisation based in the Netherlands.
- A US based global technology group on its $700m refinancing.
- An African cement group on the restructuring of its $175m debt with commercial and development financiers.
- An international cruise line on various counterparty insolvency mandates, including in connection with a c.$1bn newbuild order.
- An energy company in connection with the restructuring of its c.$300m exposure to a biofuels business.
- A secured lender on the $1bn financial restructuring of a North American based global manufacturing group.
- Secured lenders on the $100m financing of a US based global technology group.
- A European ferry group on the $700m restructuring of its pension liabilities and financial debt.
- Secured lenders on the $60m financial restructuring of the owner of a Chilean copper mine and the sale of assets out of liquidation.
- Secured lenders and noteholders in connection with the c.$1bn debt restructuring of a major international shipping and trading group based in Scandinavia.
- The indenture trustee on the English schemes of arrangement for the US-based syncreon Group.
- Citigroup and other lenders on the US$2.2bn restructuring of the NYSE listed Danaos Group.
- A UK-based international infrastructure group on refinancing its working capital, asset finance and bonding facilities.
- Certain foreign landlords on the CVA and administration of a retail group.
- The administrators of an oil tanker group including on the sale of assets and exit from administration.
- A Middle Eastern conglomerate on its multi-billion dollar debt restructuring.
- A European export credit agency on the global restructuring of Abengoa S.A..
- Senior lenders on restructuring and subsequent administration of an offshore supply group, including the sale of a bespoke pipe-laying vessel and equipment.
- A secured lender on the restructuring of its exposure to a commodity client, including application for summary judgment in the English High Court and enforcement of security across Europe.
- A European bank in the US Chapter 11 proceedings of Excel Maritime.
- The senior lenders on the financial restructuring and recapitalization of an international packaging group listed on the Athens stock exchange.
- The restructuring of a number of energy supply companies.
Insights
High Court rules previous undertakings to exclude creditors from a future Part 26A restructuring plan non-binding
Blog | November 14, 2024
UK restructuring plans: What does the future hold following the English Court of Appeal’s landmark ruling in Adler?
Publication | Q2 2024
UK restructuring plan: Cramming up a super-senior creditor class in a unitranche structure
Publication | Q2 2024