Jillian McAleese

Partner, Sydney

Biography

Overview

Jillian is a partner in the Firm's Financial Restructuring and Insolvency Group, specialising in business restructuring and insolvency. Jillian has acted on some of the most significant restructuring transactions in recent years, in Australia and internationally.

Jillian's practice encompasses both debtor and creditor representations, with a strong emphasis on distressed investment and debt trading, security analysis and contingency planning, and debt recovery. Additionally, Jillian acts in formal insolvency administrations, litigation, and dispute resolution when required.

Complementing her expertise in restructuring and insolvency, Jillian's practice extends to collaborating with alternate capital providers who rely on Jillian's counsel concerning distressed investments and other investment opportunities in Australia.

Bars and Courts
New South Wales
Education
Bachelor of Laws
Victoria University

– Honours, Law

Bachelor of Arts
University of Melbourne
Languages
English

Experience

  • Varde Partners in relation to the restructuring and insolvency of the Rivet Group, comprising five separate businesses across the mining services, equipment hire and leasing, transportation and aviation sectors.*
  • Allegro and a consortium of senior and mezzanine investors in relation to the successful financial restructure of Camp Australia.
  • The administrators of Virgin Australia, including on the successful restructure and sale of the airline to Bain Capital. Jillian advised on all aspects of the competitive and comprehensive sale process, including complex negotiations to effect the restructure and sale. This also involved all legal advice relating to the running of the airline while under external administration.*
  • Collection House Limited, an ASX listed receivable management company, on its successful recapitalisation process.*
  • Marlin Brands in relation to the group's restructuring and acquisition by Oaktree.*
  • Axsesstoday Limited, an ASX listed provider of finance to small and medium sized enterprises in hospitality, transport and other sectors, in relation to the acquisition by Cerberus Capital Management.*
  • The administrators of Blue Sky Alternative Investments Limited, the holding company of a complex group structure with a range of entities operating as diversified alternative asset managers, in their investments.*
  • The administrators of pharmaceutical companies Sphere Healthcare and Tabco in respect of the voluntary administration, negotiation and execution of a deed of company arrangement and court application under section 444GA of the Corporations Act 2001 (Cth). The assignment involved the negotiation of short-term funding facilities for the administrators and advising in respect of an abridged competitive sale process for the group.*
  • Orionstone financing syndicate on the merger and restructuring of Emeco, Orionstone and Andy's Earthmovers.*
  • A corporate trustee on its obligations during the deed administration and liquidation of Metal Storm Ltd, including in respect of a negligence suit brought against it by the majority secured noteholder in relation to the non-appointment of a receiver during the decision period following the appointment of voluntary administrators.*
  • The receivers and managers appointed to the Banksia group. The group had issued debentures to approximately 16,000 investors and had over 1,000 loan receivables with a face value of approximately $530 million in secured property.*
  • A major foreign satellite operator on Australian insolvency law and the purchase of assets out of receivership.*
  • Sellers and buyers on debt trading for par or distressed values.*
  • Banks and financial services clients on all aspects of Australian insolvency law, including in relation to contingency planning, enforcement, debt recovery and turnarounds outside of the formal appointment regime.*

*Some of the experience above was prior to joining White & Case

Awards and Recognition

Rising Star in Restructuring & Insolvency, Legal 500 2022-2023