Ian Wallace

Partner, London


Ian is “praised for his ‘tip-top counsel’ by sources who add that he is ‘energetic, commercial and easy to work with.’ He has a growing reputation in the market for his work on international restructurings and receives praise for being ‘very good technically.’”
Chambers UK 2020


Ian is a partner in the Firm's Financial Restructuring and Insolvency group in London, with more than 15 years of experience of advising clients in complex international restructuring situations. His practice focuses on businesses in financial difficulty, advising debtor-side corporates and financial sponsors as well as a wide range of sophisticated creditors including banks, funds and noteholders.

In addition, Ian regularly advises directors, insolvency practitioners and other stakeholders on UK and international aspects of debt restructuring transactions.

Ian has particular expertise in advising borrowers and creditors in the distressed shipping and oil & gas/offshore sectors, and is involved in several high profile ongoing restructurings of businesses suffering the effect of the current headwinds in those sectors.

Bars and Courts
England and Wales
University of Nottingham


Advising LBBW and a syndicate of international lenders on the complex cross-border restructuring of the Scholz recycling group.

HC Starck
Advising a syndicate of mezzanine lenders on the cross-border restructuring of the HC Starck chemicals group.

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

Advising the RBL lenders to the Petroceltic oil and gas business on restructuring discussions and contingency planning strategy.

Advising Turkish infrastructure business Yüksel on its ongoing restructuring discussions with its bondholders.

Klöckner Pentaplast
Advising international plastics manufacturer Klöckner Pentaplast on a complex debt restructuring and eventual acquisition by SVP Global.*

Southern Cross care homes group
Advising Capita as servicer for the noteholders to NHP, the largest landlord of the Southern Cross care homes group.*

Excel Maritime
Representing a syndicate of banks and funds on the restructuring of international dry bulk shipping business Excel Maritime, including the eventual implementation of a restructuring via chapter 11.*

*Matters worked on prior to joining White & Case

Speaking Engagements

"Restructuring, Recapitalisation and Bank Loan Trading", February 2014: Marine Money conference, Hamburg, (panelist)

"Conflicts of Interest in Insolvency Scenarios for IPs and Lawyers", March 2014: Sweet & Maxwell Insolvency Law conference, London, (panelist)

"Charting a course. Financial restructuring and consolidation in the shipping industry", January 2015: Marine Money conference, London

"The Winds of Change: Restructuring under the UK vs the US Models", May 2015: R3 Annual Conference, Berlin, (panelist)


Co-author of "Restructuring across Europe – a new era?", White & Case, January 2019

Author of "House of Fraser pre-pack: still a viable option", White & Case, August 2018

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

Author of "The future of CVAs: Not just for leases…", White & Case, July 2018

Author of "CVAs: A 2018 Revival", White & Case, January 2018

Co-author of "Maritime and offshore restructuring in Singapore: A safe harbour?", White & Case, December 2017

Co-author of "Discussing decommissioning: Investment opportunities and regulatory concerns", White & Case, April 2017

Awards and Recognition

Ian was named in the M&A Advisor's "Emerging Leaders – EMEA" in 2017.