Partner
Jifree Cader
- Private Equity
- Restructuring
JIFREE CADER has a wealth of experience in advising clients on all facets of European insolvencies and restructurings.
Jifree works closely with private equity firms, hedge funds, investment banks and other distressed debt and par investors, providing advice on their investment portfolios. He has also advised insolvency practitioners.
Recent examples of Jifree’s work include representing:
- Global Loan Agency Services Limited as facilities agent, GLAS Trust Corporation Limited as existing security agent and TMF Trustee Limited as new security agent, on the restructuring of BARTEC, a German manufacturer of explosion safety equipment.
- Global Loan Agency Services in connection with the restructuring of Galapagos Holding S.A.
- Global Loan Agency Services Limited in connection with the sale of Young’s Seafood Limited, one of the UK’s leading producers and distributors of seafood, to Karro Food Group.
- RDL Realisation plc, a premium listed investment fund, on its proposals to accelerate the repayment of the Zero Dividend Preference Shares issued by its subsidiary, RDLZ Realisation plc (RDLZ).
- Famar on the successful restructuring, recapitalization and strengthening of its capital structure.
- Wentworth in relation to the Waterfall II Application, which concerns various issues relating to the distribution of the surplus in the LBIE estate.
- TowerBrook Capital Partners on the Acquisition of CarTrawler.
Prior to joining Sidley in 2016, Jifree was a partner in the restructuring practice of another international law firm.
Experience
- Representative Matters
- Memberships and Activities
Further examples of Jifree’s work include acting for:
- A.T.U. in relation to the restructuring and reduction of its debt facilities by over €600 million.
- Telecolumbus on the implementation of its 2014 scheme of arrangement.
- Sankaty on its acquisition via a pre-packaged administration sale of the Lambert Smith Hampton Group and its subsequent sale of the restructured Lambert Smith Hampton Group to Countrywide plc.
- KKR and Bayside on the restructuring of Dutch childcare services provider Estro Groep B.V.
- American Industrial Partners on the acquisition of the U.S. aerospace subsidiaries of Hampson Industries plc via a pre-packaged administration sale.
- The sponsors in relation to the restructuring of Bulgaria Telecommunications Company (Vivacom).
- Strategic Value Partners on the €1.2 billion junior lender-led debt-for-equity restructuring of the Klöckner Pentaplast Group.
- First Lien Co-ordinating Committee of lenders to eircom in relation to the restructuring of its €4.1 billion debt facilities.
- Brakes Bros. on the acquisition of certain assets from its insolvent competitor DBC Foodservice Limited (in administration).
- Significant clients and creditors of MF Global UK Limited (in special administration), including Peabody Coal Trade in its role as a significant client and as a member of the creditors’ committee of MF Global UK.
- Sankaty Advisors LLC on the purchase of a portfolio of 26 loans owned by members of the Lloyds Banking Group, with an outstanding value of more than £500 million.
- The senior lenders in relation to the restructuring of Endemol.
*Some of the above matters were handled by Jifree prior to joining Sidley.
- Member of the TMA NextGen Committee
News & Insights
Credentials
Admissions & Certifications
- England and Wales (Solicitor)
Education
- University of Westminster, LL.B., 2005 (with first class honors)