Christian Pilkington

Partner, London

Biography

Christian is "without a doubt one of the leading restructuring lawyers in the market, with an enormous grasp of all aspects of European restructuring, in particular schemes of arrangement. He is highly commercial, very user-friendly, always responsive and invariably all over deals" and is “a hugely experienced, commercial and technical lawyer."
Chambers UK, Restructuring/Insolvency, 2021

Overview

Christian is head of the EMEA Financial Restructuring and Insolvency team based in London.

He has experience dealing with the full spectrum of creditors, debtors and insolvency practitioners, advising clients in respect of stressed and distressed investments, complex restructurings, liquidations and insolvent estates, and all other aspects of national and cross-border special situations.

In addition, he has regularly advised directors of companies in financial difficulty, often with an international element. He has extensive experience working with overseas counsel and coordinating advice on cross-border restructuring and insolvency issues.

Bars and Courts
England and Wales
Education
LLM
Commercial and Corporate Law
London School of Economics
LLB
University of Nottingham
Languages
English

Experience

African Bank
Currently advising the committee of senior creditors on the restructuring of African Bank.

Kaupthing hf
Advised Kaupthing in relation to its winding up proceedings, the fifth largest bankruptcy ever.

New World Resources Plc (NWR)
Advised NWR on its comprehensive, cross-border balance sheet restructuring, which won “2014 Industrial Goods and Basic Resources Deal of the Year” at M&A Advisor’s Turnaround Awards.

Anchorage Capital Group
Advised Anchorage Capital Group on their joint venture with Barratt Developments PLC, Rose Shared Equity LLP, to acquire, hold and manage non-interest bearing shared equity loans originated by BDW Trading Ltd.

Anchorage, Oak Hill and Canyon Capital
Advised Anchorage, Oak Hill and Canyon Capital as investors in the New Look Group under a PIK Loan Facility Agreement and its refinancing.

Zolfo Cooper
Advised Zolfo Cooper on a pre-pack administration sale of Iridium France S.A.S., a holding company of Marken Group, a life sciences conglomerate.

Investors in the Bulgaria Telecom Group
Advised the new investors in the restructured Bulgaria Telecom Group, implemented pursuant to UK schemes of arrangement.

Findus Group
Advised the co-ordinating committee of senior lenders of the Findus Group, in relation to its ongoing restructuring.

Primacom
Advised Primacom, a leading provider of communications products in Germany, on its restructuring, which was implemented pursuant to a UK scheme of arrangement.

Joint administrators of Peverel Ltd.
Advised the joint administrators of Peverel Ltd., the holding company of the group which manages 200,000 residential units throughout the UK.

Joint administrators of Powerfuel plc
Advised the joint administrators of Powerfuel plc, the entity behind one of the UK's most innovative 'green power' projects.

Wind Hellas group
Advised The Wind Hellas group, the Greek telecommunications operator, on all aspects of its €1.8 billion restructuring, which was implemented by way of a scheme of arrangement and 'pre-packaged' administrations.

Publications

Schemes of arrangement: 'sufficient connection' in cross-border restructurings, Butterworths Journal of International Banking and Financial Law, December 2013, (co-author)

Balance Sheet Insolvency: Supreme Court Dismisses the Appeal in Eurosail, International Corporate Rescue Volume 10, Issue 4, 2013, (co-author, with Kevin Heverin)

London Calling – Schemes of Arrangement, International Financial Law Review, March 2013, (co-author, with Michael Mount and Ben Prior)

Cortefiel: The Use of Schemes of Arrangement for 'Amend & Extends', International Corporate Rescue Volume 10, Issue 2, 2013, (co-author, with Hayley Mitchinson)

Balance Sheet Insolvency: Supreme Court Dismisses the Appeal in Eurosail, International Corporate Rescue Volume 10, Issue 4, 2013, (co-author, with Kevin Heverin)

Credit bidding: law and practice, Journal of International Banking and Financial Law, May 2013

Testing the limits of UK Schemes of Arrangement, IFLR Magazine, 20th February 2013, (co-author)

Re Primacom Holding GmbH: To Scheme or Not to Scheme – That was the question.... Clarification on the Jurisdiction of the English Courts to Sanction Schemes of Arrangement for Overseas Companies, International Corporate Rescue, Volume 9, Issue 2, 2012, (co-author)

Schemes of Arrangement – current hot topics and market trends, Lexology, 1 April 2011, (co-author)

Awards and Recognition

Leading Lawyer, Chambers UK 2015
Restructuring/Insolvency - London (Firms)

Recommended Lawyer, The Legal 500 UK 2014
Corporate Restructuring and Insolvency

Leading Lawyer, IFLR 1000 2014
Financial Restructuring; Restructuring and Insolvency

40 Under 40
In 2013, Christian won a 40 Under 40 Recognition Award in the Legal Advisor category from The M&A Advisor, an award scheme which recognizes emerging industry leaders in M&A, private equity and restructurings.