Lois Deasey

Partner, Weil Gotshal & Manges LLP

Lois Deasey advises hedge funds, bondholders, bank and institutional lenders on UK and cross-border financial restructurings, workouts and insolvencies.

Her representative transactions include:

Advising private placement notehoders on waivers and amendments in connection with covenant defaults by Royal Imtech
Advising senior secured bondholders of Invitel, a Hungarian telecoms operator, on a restructuring implemented through a scheme of arrangement under English law
Advising the coordinating committee of senior lenders on the restructuring of the Terreal Group

Author of Transfer schemes under section 900 of the Companies Act 2006

Contributed to

1

Transfer schemes under section 900 of the Companies Act 2006 (or schemes of reconstruction and amalgamation)

Practice notes

This Practice Note, produced in partnership with Emma Simmonds of Akin Gump Straus Hauer & Feld LLP and Lois Deasey of Weil, Gotshal & Manges LLP, considers the elements of a transfer scheme under section 900 of the Companies Act 2006 (or schemes of reconstruction and amalgamation), the similarities and differences between them and section 895 schemes of arrangement (or Part 26 schemes), the meaning of reconstruction and amalgamation and some deal analysis.

Restructuring & Insolvency