Michael Panayi
Associate
michael.panayi@akingump.com
Areas of Focus
- Financial Restructuring
- Private Capital
Biography
Michael is an associate in our financial restructuring group and acts for creditors and debtors on complex consensual and non-consensual cross-border restructurings and formal insolvencies across a number of different sectors, including commodities, energy, healthcare and retail.
Representative Work
- NMC Healthcare: Counsel to the creditors' committee to NMC Healthcare Ltd on its over $7 billion restructuring by way of the first ever administration and deed of company arrangement in Abu Dhabi Global Markets, and subsequently the restructured group. *
- Matalan: Represented the U.K. retailer Matalan on its 2023 recapitalization and on its 2020 £50 million CLBILS liquidity raise and associated English scheme of arrangement. *
- Codere: Advised the company in relation to its second scheme of arrangement of New York law-governed notes, including the successful defence of a challenge to the scheme on class and fairness grounds. *
- Electricity Public Utility: Represented a group of lenders in relation to a South African electricity public utility. *
- Oil & Gas Portfolio: Represented a senior secured lender on multiple coordinated security enforcements and insolvency proceedings in relation to a portfolio of oil & gas assets. *
LanguagesGreek
Greek
EducationLL.M., BPP University Law School, England, 2018
LL.M., University of Cambridge, 2017
M.A., University of Cambridge, 2016
LL.M., BPP University Law School, England, 2018
LL.M., University of Cambridge, 2017
M.A., University of Cambridge, 2016
Bar AdmissionsSolicitor, England and Wales
Solicitor, England and Wales