Adhuv Prinja

Associate, London



Adhuv is an associate in the Firm's Financial Restructuring & Insolvency team in London. He has experience with cross-border insolvency issues, restructurings, administrations and schemes of arrangement. His experience also includes involvement in corporate and capital markets transactions.

Adhuv works with a diverse range of clients, including distressed investors, creditor committees, banks, debtors, agents and directors.

In 2021-2022, Adhuv spent twelve months on secondment to Centerbridge Partners as a member of the London Credit, Distressed Strategies & Special Situations team. He spent nine months in 2017-2018 on secondment to Oak Hill Advisors, a leading alternative investment firm, advising on private credit, private equity and restructuring transactions. Adhuv has also spent six months working in the Firm's Tokyo office, where his focus was on project finance and general banking matters.

Bars and Courts
England and Wales
Legal Practice Course
BPP Law School
London School of Economics and Political Science


Adler Group
Representation of Adler Group, one of Germany's largest real estate groups, on its financial restructuring, involving an amendment to the terms and conditions of €3.2 billion of senior unsecured bonds through English restructuring plan proceedings and the subsequent incurrence of €937.5 million of new money following. Adler Group is one of Germany's largest landlords holding 26,202 units with an aggregated gross asset value of approximately €5.2 billion (as of 31 December 2022) and its pre-restructuring total interest-bearing external debt amounted to approximately €6.1 billion.

Representation of Swissport, the world's leading provider of airport ground services and air cargo handling, on its comprehensive restructuring and recapitalization. The restructuring provided Swissport with a delevered and strengthened balance sheet by addressing approximately €1.9 billion of existing debt, and left the business with improved liquidity with which to withstand the ongoing challenges posed by the coronavirus pandemic.

Karen Millen
Advising the administrators to Karen Millen Fashions Limited.

Representation of the coordinating committee of agent banks and export credit agencies representing holders of US$5.6 billion of senior secured indebtedness across 12 credit facilities in connection with the restructuring of the liabilities and obligations of Seadrill Ltd., an offshore drilling rig operator and its affiliates. This follows the comprehensive restructuring in 2018, where we advised the co-ordinating committee representing a bank group holding US$7.4 billion in secured debt. The result provided a significant structural improvement for senior lenders, the negotiation of settlements that attracted more than US$1 billion of new capital, and the re-profiling of Seadrill's capital structure.

Representation of EY as administrators to the CEONA group, a SURF and subsea construction contractor in the deepwater market. CEONA's cash flows came under significant strain due to falling demand for its services as a result of the depressed market conditions and ongoing liabilities in connection with its fleet. Despite efforts to restructure CEONA's indebtedness, it was unable to achieve a turnaround on a solvent basis and several English companies in the Group were placed into administration by the Directors in September 2015.

Kaupthing hf restructuring
Advising Kaupthing, the failed Icelandic bank, on its restructuring, following its US$45 billion insolvency. Kaupthing's insolvency was the biggest and most high profile casualty of the Icelandic banking crisis and, globally, was the fifth largest corporate bankruptcy of all time. The successful restructuring was named "Cross Border Turnaround of the Year" at the Turnaround Atlas Awards 2016, "Global Finance Deal of the Year" at the American Lawyer Global Legal Awards 2016 and "Restructuring deal of the year" at the IFLR European Awards 2016, and helped the White & Case team to be named by IFLR as 2016 "Restructuring Team of the Year".

Afren plc
Advising Afren plc, a UK listed company with oil & gas assets in Africa on its proposed capital and financial restructuring. Prior to entering into administration in July 2015, the Afren transaction was expected to be the largest ever restructuring in the oil & gas sector.

Anchorage Capital / ALMC transaction
Advising Anchorage Capital Group on the acquisition of a portfolio of assets from ALMC hf.

APCOA restructuring
Advising Deutsche Bank as new money provider, Agent and Security Trustee on the restructuring of the APCOA Parking Group. The restructuring was implemented through a scheme of arrangement and resulted in a significant deleveraging of APCOA's balance sheet, a reduction in its debt by more than €440 million and €80 million of additional financing. The restructuring was named "Restructuring Deal of the Year" at the IFLR European Awards 2015.

GSO / LAMDA transaction
Advising GSO Capital Partners LP in relation to the acquisition of 10 per cent. of the voting share capital of LAMDA Development S.A., a listed Greek real estate development company.


Author of "Transatlantic court-ing behaviour: the US v. the UK", White & Case, August 2018

Acknowledged contributor to "Schemes of Arrangement in Corporate Restructuring" by Christian Pilkington, Sweet & Maxwell, July 2017

Co-author of "EBA published results of EU-wide stress test of banks", White & Case, August 2016

EBA published results of EU-wide stress test of banks, White & Case Client Alert, August 2016