Chris Horrocks

Examples of Chris’s work include advising:

• Noteholders in relation to the US$800 million restructuring of the claims against an international oil company using a BVI scheme of arrangement with recognition of the scheme under Chapter 15 of the U.S. Bankruptcy Code.
• A syndicate of senior secured lenders in connection with the restructuring of a major Romanian oil and gas company.
• A senior bondholder group in connection with DTEK Energy’s US$2 billion restructuring, implemented using two inter-conditional schemes of arrangement.
• A syndicate of term loan lenders in connection with the cross-border restructuring of a major Argentinian energy company.
• Ad Hoc Noteholder Committee on the restructuring of the US$875 million eurobonds of a Russian transportation and logistics conglomerate, implemented using a scheme of arrangement.
• Agent and security trustee in relation to the change of governing law and subsequent contested English law schemes of arrangement, implementing the restructuring of the Apcoa Group.
• An ad hoc group of holders of notes issued by YPF S.A. in connection with its 2021 exchange offer.
• The vendor on the sale of a portfolio of c.€5 billion face value commercial real estate loans comprising more than a thousand assets.
• Lenders on the restructuring of facilities to Parabis Law LLP and, subsequently, the administrators on the pre-packaged sale of the firm.
• Agent and security trustee in relation to the restructuring of Bulgarian Telecoms Company using an English scheme of arrangement.
• Liquidity facility and swap providers on the restructuring of a £1billion ground rent securitization.
• Major Russian mining conglomerate on the refinancing of its PXF facilities.
• Pan-European syndicate of lenders on the restructuring of facilities provided to part of the InterContinental Hotel group.

*The above matters were handled by Chris prior to joining Sidley.

• R3 (the Association of Business Recovery Professionals).
• The Insolvency Lawyers Association.