Tina Lockwood is a special counsel in the financial restructuring group, with experience in working for a range of stakeholders, debtors and insolvency officeholders on a wide range of domestic and cross-border restructuring and insolvency matters. She also has experience in cross-border insolvency proceedings, including administrations, liquidations, schemes of arrangement, voluntary arrangements and personal bankruptcy. In particular, the use of insolvency processes to deliver restructuring solutions both domestically and abroad.
Recent mandates include acting for: an ad hoc group of secured lenders in respect of the Irish scheme of arrangement of Nordic Aviation Capital Designed Activity Company; Intu Properties plc and its group of companies, acting for a lender group in connection with their investment in a property-owning company which is part of the Intu group of companies which went into administration; Seadrill Limited, acting for Hemen Holding Limited, the investment vehicle for the Fredriksen family as new money lender in the Chapter 11 US$10 billion balance sheet restructuring of Seadrill Limited and its group of companies, a worldwide oil rig firm and once the world’s largest offshore driller by market value; Abengoa, acting for new money investors in connection with the 2017 restructuring of Abengoa SA and its group of companies, a Spanish renewables group and latterly, in 2019, acting for the SOM Committee of lenders in connection with the €3.4 billion restructuring of Abengoa; A.T.U Auto-Teile-Unger GmbH, acting for a key financial stakeholder in connection with the restructuring of German automative car parts manufacturer, A.T.U involving the use of a Cayman provisional liquidation to effect a ‘pre-pack’ sale of the underlying business. Tina has also acted as adviser for the administrators of Woolworths plc and Lehman Brothers International (Europe) and certain other UK Lehman Brothers entities.