Michael Panayi
Counsel
michael.panayi@akingump.com
Areas of Focus
- Financial Restructuring
- Private Capital
Biography
Michael is a counsel 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
- Thames Water: Counsel to an ad hoc group of Class A creditors holding over £13 billion in the recapitalisation of Thames Water, the UK's largest water and wastewater company.
- Fortenova: Counsel to Fortenova Group, a food producer and retailer in Croatia and the surrounding region, on issues arising from the existence of sanctioned Russian debt and equity holders in its capital structure.
- 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.
- 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.
- Eskom: Represented a consortium of lenders to Eskom regarding its restructuring.
- Tullow: Represented the RBL lenders to Tullow Oil plc on its successful refinancing.
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
