Adhuv Prinja

Associate, London

Biography

Overview

Adhuv is an associate in the Firm's Financial Restructuring & Insolvency group in London. Adhuv concentrates on financial restructurings and insolvency and also undertakes general bank lending work. Adhuv has experience in relation to cross-border insolvency issues, restructurings, administrations and schemes of arrangement. His experience also includes involvement in corporate and capital markets transactions. Adhuv has 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
Education
Legal Practice Course
BPP Law School
LLB
London School of Economics and Political Science
Languages
English

Experience

Advising Swissport on its restructuring and recapitalisation implemented through an English law scheme of arrangement and pre-packaged sale of the Swissport business out of English administration. 

Advising the administrators to Karen Millen Fashions Limited. 

Advising the coordinating committee of senior secured lenders in the international restructuring of Seadrill, one of the world's largest offshore drilling companies. The successful restructuring was named "Cross Border Turnaround of the Year (over US$5 billion)" at the Turnaround Atlas Awards 2019.

Advising the Ceona oil and gas business on its lender negotiations and on its subsequent UK administration and asset sales.

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".

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.

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

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.

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.

 

Publications

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