Jade Rowarth
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Background
Jade specialises in restructuring and insolvency and has practised in Australia and the United Kingdom, where she was a senior associate in the Global Loans and Restructuring team at Allen & Overy LLP. She has broad experience in transactional, litigious and advisory work, including security enforcement and debt and asset restructuring across the corporate and capital structure.
Jade has advised senior and mezzanine lenders, corporates, directors and insolvency practitioners in complex restructurings and insolvencies. She has also had extensive experience acting for purchasers and sellers of distressed assets and debt and has acted in connection with restructurings and insolvencies in a variety of industries including property, retail, gaming, hospitality and hotels, manufacturing, agriculture and automotive.
Legal Expertise
- Capital and corporate restructuring
- Administration, receivership and liquidation
- Security enforcement
- Insolvency litigation
Relevant Experience
- Advising the receivers and managers of a winery and restaurant group.
- Advising the administrators and subsequent liquidators of a national refrigeration manufacturer.
- Acting for the corporate borrowers in relation to the restructuring of a retail property and development group.
- Acted for a New York based hedge fund in relation to its various debt pieces in Centro, the retail shopping centre developer.
- Advised the steering committee to the Senior Lenders in connection with the restructuring of the corporate and capital structure of a Dutch chemical manufacturing group, completed in 2009 including formulating a reorganisation plan; advising on an equity injection, senior debt buy back and cancellation; advising on debt to equity conversion of mezzanine and second lien debt; and restructuring of senior facilities.
- Advised the receivers and managers in connection with the receivership of Emerald Bay, a luxury hotel and resort in The Bahamas including advising the receivers on numerous sale attempts; negotiations with the hotel operator and termination of hotel contracts; the structuring of a bank holding vehicle; and management of the hotel during the course of Emerald Bay's receivership.
- Advised the ad hoc steering committee of mezzanine lenders in connection with the restructuring of a UK aged care provider including advising the steering committee to the Mezzanine Lenders on the formulation of a mezzanine lender-led proposal for reorganisation.
- Advised a Dutch gaming group in connection with its restructuring including formulation and negotiation of a restructuring plan.
- Advised a German-headquartered automotive manufacturer on restructuring its bank and bond debt including the re-domiciliation of the company's parent entity from Germany to the UK; the preparation and implementation of a company voluntary arrangement; and a full corporate reorganisation and refinancing.