Practice & Background

Zip Jila practices in the areas of cross-border and domestic financial restructuring, workouts and insolvency. She represents hedge funds, bondholders, institutional lenders, secondary market investors and creditor committees in relation to strategic and legal issues concerning their distressed debt and special situation investments.

Representative Matters

Ms. Jila’s recent engagements include:

  • advising Nordic Trustee ASA (on behalf of bondholders) of Thule Drilling AS, Equinox Offshore, Petrojack ASA, Noreco ASA and OSX3
  • advising the provisional liquidators of ARM Asset Backed Securities SA (in provisional liquidation)
  • advising the majority noteholders of Petroplus Holdings AG in connection with the English administration of Petroplus Refining and Marketing Limited and other matters relating to their holdings of notes
  • advising on the workout and restructuring of distressed bonds and notes in Europe, including representing noteholders of Wind Hellas and Preem AB
  • advising creditor groups of institutional investors in the restructuring of Uralita SA and Pendragon PLC

Awards & Accolades

Speaking Engagements

  • Distressed Investing and Finance in Insolvency: A UK Perspective”, International Institute of Insolvency NextGen Conference, London, 18 June 2017