Matt is a counsel in the financial restructuring group, based in London. His experience focuses on complex, cross-border financial restructurings and special situations financings.

Matt also has experience in insolvency litigation and has acted for a wide range of insolvency litigation funders in their assessment, acquisition and pursuit of claims in a distressed context, including claims relating to wrongful and fraudulent trading, directors' duties, contractual disputes and asset recovery.

Representative Work

Southern Water: Counsel to the ad hoc group of certain senior creditors of Southern Water, a water and wastewater service provider, to Southern parts of the UK.
Constellation Auto: Counsel to the majority preference shareholders in the comprehensive recapitalisation of Constellation Automotive Group, the largest vertically integrated digital car marketplace in Europe.
Consolis: Counsel to an ad hoc group of noteholders and lenders on the comprehensive recapitalisation of the Consolis Group, a European leader in precast concrete solutions.
McDermott: Advising certain lenders in relation to McDermott’s English restructuring plan and Dutch WHOA plans to extend the maturity of its letter of credit facilities.
Hurtigruten: Counsel to an ad hoc group of senior creditors on the comprehensive restructuring of Hurtigruten Group AS, the Norwegian cruise line and costal ferry business.
Cineworld: Counsel to an ad hoc group of secured lenders in the chapter 11 cases of Cineworld and its affiliates, the world’s second-largest movie chain, involving $4 billion in liabilities.
VEON: Counsel to the VEON group, a multinational telecommunication services business, in relation to a scheme of arrangement to extend the maturity of certain USD bonds and other related matters.
Noble: Counsel to an ad hoc group of creditors on the financial and corporate restructuring of the Noble group, a worldwide commodities supply chain and trading business.
Folli Follie: Counsel to the ad hoc committee of creditors on the c. €500 million debt-for-equity restructuring of the Greek-listed company Folli Follie, involving advising on the implementation of a first-of-its-kind Greek Bankruptcy Code rehabilitation agreement requiring delivery of the opco and assetco structure to the creditors via a new corporate group.

Teneo: Acted for Deloitte (now Teneo) as administrators on the bringing of c. £36 million of fraudulent and wrongful trading claims arising out of the insolvency of a large UK haulage supply company.
Lender: Advised a secured lender of a UK-listed African natural gas company on maintaining and improving its security package in the face of ongoing defaults and difficult market conditions for the borrower, including advice on shadow directorship, debt-for-equity restructuring options and facilitating a negotiated solution across multiple stakeholders.
Lender: Advised the mezzanine lender on a commercial offices building in central London on recourse options in response to anticipated enforcement by the senior lender, including security review and report on a mezzanine vs. senior lending and security packages and advising on the available strategies for the mezzanine lender vis-à-vis the sponsor and the senior lender.
Bank: Acted for a UK clearing bank on the COVID-19 required amendment and restatement of facilities provided to the Cardiff chain of a large UK hotel brand, including the injection of further junior lending from stakeholders to allow the borrower to demonstrate a viable COVID recovery plan.

List may include matters worked on prior to joining Akin.