Experience Advising:

• Endo International plc and 18 of its Irish subsidiaries on the first use of an Irish Part 9 scheme of arrangement used to implement a US Chapter 11 plan in a c. US$8bn restructuring.
• An ad hoc group of lenders on Irish law aspects of the prepackaged Chapter 11 of Multi-Color Corporation, including the US$250m new-money DIP financing, in a restructuring that reduced net debt from c. US$5.9bn to c. US$2.0bn.
• FinEx Funds ICAV and FinEx Physically Backed Funds ICAV, with AUM of c. US$1.8bn, as petitioners on the first court-supervised solvent liquidation of an Irish-authorised fund structure, designed to return capital to approximately 700,000 retail investors whose holdings were immobilised by the sanctioning of the Russian NSD.
• Kieran Wallace and Eamonn Richardson as Special Liquidators of IBRC on all aspects of the largest and most complex liquidation in Irish history with loan portfolio par value of c. €21bn on appointment.
• Cineworld Group plc, the world’s second-largest cinema operator, on the Irish law aspects of implementing its Chapter 11 restructuring.
• Carne Global Fund Managers on a novel High Court application under the Trustee Act 1893 to address unclaimed investor monies across 79 jurisdictions, obtaining all orders sought and facilitating the discharge of the trustee, State Street Custodial Services (Ireland) Limited.
• CVC Capital and Bank of America Limited as the senior lender group on the restructuring of Celtic Roads Waterford DAC, with debts of over €200m, through Ireland’s only ‘motorway’ scheme of arrangement.
• Alvarez & Marsal as receivers of Cavendish Square Funding plc, an Irish CDO issuer, having first advised the trustee, Apex Corporate Trustees (UK) Limited, on the appointment of the receivers.
• Cheyne Capital and the joint receivers on the restructuring of the Press Up Hospitality Group, Ireland's largest casual dining and hospitality group, including receiverships, a debt-for-equity swap and significant new investment. Brian also acted for Shane McCarthy and Cormac O'Connor of KPMG as receivers of a number of the group's operating companies.
• Kieran Wallace and Andrew O’Leary of Interpath (Ireland) Limited as Joint Liquidators of Digital River Ireland Limited and two related entities on a cross-border liquidation spanning seven jurisdictions with overall debt claims in excess of €400m.
• Tennessee Distilling Group, the US whiskey producer, on its acquisition of the Waterford Whiskey distillery, brands and IP from the Interpath receivers, Mark Degnan and Daryll McKenna.
• Mark Degnan and Brendan O'Reilly of Interpath (Ireland) Limited as Joint Liquidators of Euro General Retail Limited and Bushgrove Limited, with 77 stores and c. 600 employees.
• Nicholas O’Dwyer and John Boland of Grant Thornton as Joint Liquidators of GNC Live Well Ireland Unlimited Company and THSD Unlimited Company, the Irish arm of the US-based GNC group, a global health and wellness retailer.
• Aviation Capital Group LLC on the examinership of Norwegian Air Shuttle ASA and its Irish operations, one of the largest examinerships in the history of the State.