Richard Nevins 

Partner – London
T.+44 (0) 20 7170 8624
richard.nevins@cwt.com
Dashwood House
69 Old Broad Street
London EC2M 1QS
United Kingdom V-CARD

Richard Nevins is partner in Cadwalader's London Financial Restructuring Group. Richard focuses on complex European and emerging market financial restructurings, and has advised both debtors and creditors on many significant transactions over the last 15 years. He is well versed in relevant insolvency laws in multiple jurisdictions, having closed restructurings of debtors based in the UK, France, Italy, Germany, Spain, Portugal, Sweden, Poland, Norway, Russia and the Netherlands.  He is very experienced in New York law high yield indentures, and in deal implementation by means of UK scheme of arrangement and U.S. Chapter 11 proceedings.

A graduate of New York University School of Law and an editor of its Law Review, Richard received his undergraduate degree, magna cum laude, from Georgetown University. He is a registered foreign lawyer in England and Wales, and admitted to practice in the State of New York.

Representative Experience:

Norske Skog (2017/18) – represented an ad hoc noteholder committee in the financial restructuring of newsprint and magazine paper producer Norske Skog

Consolidated Minerals (2017) – acted for the secured noteholder committee in connection with China Tian Yuan Manganese Limited’s acquisition of Consolidated Minerals

Roust (2016/17) – acted as UK and US legal adviser to the ad hoc committee of convertible noteholders in the restructuring of USD 780 million of existing bond liabilities via US Chapter 11 proceedings

Consolidated Minerals (2016) – advised the ad hoc noteholder committee in the restructuring of Consolidated Minerals’ secured notes

UZ/Ukrainian Railways (2015/16) – represented bondholders in connection with the negotiated extension of Ukrainian Railway’s 2018 notes

Avangardco (2015) – acted for the noteholder committee in the extension and renegotiation of Avangardco’s $200 million Eurobond through an English law Scheme of Arrangement

Mriya (2014/16) – acted for the ad hoc committee of senior noteholders in the restructuring of this Ukrainian agricultural company

Sea Trucks (2014) – acted for bondholders in the restructuring of Sea Trucks Group

Interoil/IOX (2013/14) – acted for a group of senior secured noteholders in the successful restructuring of this Norwegian oil and gas exploration company with assets in Columbia

Yuksel (2013/18) – act for the senior noteholder committee in the restructuring of this Turkish construction company through an English law Scheme of Arrangement

A13 Toll Road (2013) – advised MBIA in the restructuring of the UK A13 Toll Road

CEDC (2012/13) – acted for the senior secured noteholder committee in the restructuring of this Polish and Russian sprits manufacturer by way of a pre-packaged new money US Chapter 11 process

eircom Group Limited (2012) – advised the holders of floating rate notes issued by ERC Ireland Finance Limited in connection with the potential restructuring of this Irish telecommunications company

Yioula (2012) – advised ad hoc committee noteholders on their  collective investment in this Greek glass maker’s senior notes

NATS (En Route) Plc (2012) - advised noteholders in relation to the negotiation and implementation of an exchange offer proposed by NATS

SEAT Pagine Gialle S.p.A (2011/14) – advised the ad hoc committee of the Company's €750 million Senior Secured Notes in connection with the Company's consensual restructuring and subsequent Italian concordato proceedings

Punch Taverns Plc (2011) - advised MBIA in connection with the demerger of Spirit Pub Company Plc

Truvo (2010/11) – represented the official unsecured creditors committee in Truvo’s Chapter 11 proceedings

Four Seasons Healthcare (2010) – represented blocking group in connection with the extension of the company’s bond debt

Gallery Media (2009/10; 2012/13) - represented creditors committee in successful financial restructuring of Russian outdoor media advertising company, and subsequent exit

Seadragon (2009) - represented debtor (mobile oil rig operator) in bank debt restructuring and equity reallocation

Treofan (2009) - represented principal shareholder in connection with successful restructuring of secured debt of European industrial company

Belvedere S.A. (2008/09; 2012/13) – represented secured creditor steering committee in financial restructuring of French/Polish spirits company, subsequent sale

Akerys Holdings S.A. (2008/09) - represented debtor (French real estate development company) in successful out-of-court restructuring of secured debt

Antenna TV S.A. (2008) - represented an ad hoc committee of holders of 7¼% Senior Notes due 2015 issued by Antenna TV S.A. in negotiated redemption

TK Aluminum (2006/10) – represented creditors committee of aluminum automotive engine block manufacturer in financial restructuring and subsequent Bermuda liquidation proceedings

Global Auto Logistics/GAL S.A. (2006/07) – represented creditors of French automobile logistics company (principal logistics provider to Renault SA)

GUS/Great Universal Stores S.A. (2006) – represented creditors of parent of Argos and Experian in connection with covenant breach triggered by demerger

Concordia Bus AB (2005) - represented subordinated creditors (now shareholders) of Swedish bus transportation company in connection with equitisation, mezzanine financing and preference shares refinancing

Equitable Life (2004) - represented Equitable Life creditors in connection with negotiated debt repurchase

Avon Energy (2004) - represented Avon's creditors in connection with negotiated bond repurchase in connection with sale of company

British Energy (2003/04) - represented BE creditors committee in connection with bond restructuring/equitisation

Parmalat (2003/04) – represented creditors of Parmalat's principal Cayman Islands financing subsidiary

Jazztel plc (2003)- represented creditors' committee in connection with restructuring/equitisation of Spanish internet access provider/telco

IFCO Systems (2002/03)– represented creditors committee of German pallet manufacturer in connection with financial restructuring/equitisation, and subsequent company sale to Apax

NTL/Telewest (2002) - represented creditors' committees in financial restructuring of largest English internet service providers

Netia plc (2001/02) - represented creditors' committee in connection with financial restructuring/equitisation of Polish telecommunications provider

Polestar (2001) - represented creditors in financial restructuring of English printing company (and Investcorp portfolio company)

Brunner Mond (2001) - represented debtor (UK soda ash producer) in financial restructuring

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Richard Nevins 

Admissions

  • England and Wales (Registered Foreign Lawyer)
  • New York

Education

  • New York University School of Law
    J.D., 1986
  • Georgetown University
    B.A., 1982, magna cum laude

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