Henry Ellis

Henry Ellis regularly advises companies, boards of directors, debt and equity investors, buy-side and distressed investors and creditor committees on restructurings, refinancings and new money solutions involving a wide range of complex cross-border transactions in stressed and distressed situations.

Mr. Ellis’ experience extends across a range of industry sectors, including energy, gaming, health care, manufacturing and retail. Prior to joining Skadden, he worked within the London financial restructuring team of another New York-headquarted law firm and spent two years working at a leading investment manager as legal counsel on credit and investment transactions.

Mr. Ellis’ recent representative experience since joining Skadden includes advising:

• a noteholder in the Chapter 11 cases of Voyager Aviation Holdings, LLC, including in connection with the proposed acquisition of certain aircraft assets
• an ad hoc committee of secured bondholders in the restructuring of Lecta, a Spanish paper company

Mr. Ellis’ experience prior to joining Skadden included representing:

• a client (as in-house legal counsel), including in the restructurings of:
  • a listed German real estate group
  • a major U.K.-based fashion and homeware retailer
  • a German arcade gaming group implemented by way of an English scheme of arrangement
  • an Italian construction company, implemented by way of a “concordato preventivo,” an instrument in the Italian insolvency code that manages a state of crisis or insolvency on a going-concern basis

• the ad hoc group of bondholders in connection with:
  • the 2021 restructuring of Codere Group, implemented by way of consent solicita-tions with respect to Codere’s existing bonds and the enforcement of a Luxembourg law-governed share pledge, which transferred the ownership of Codere to a new holding structure owned by certain bondholders
  • the 2020 restructuring of Codere Group, which included the provision of emergency interim financing and an English scheme of arrangement to amend the terms of Codere’s existing bonds

• the lead bank with respect to the provision of financing to the administrators of NMC Health Group, the first case of such financing being provided and which featured the first-ever appointment of administrators in the Abu Dhabi Global Market to oversee the restructuring of a group of United Arab Emirates-based companies
• a large U.K.-based casual dining restaurant operator in relation to its liquidity and governance regime in the context of the COVID-19 pandemic and its subsequent pre-pack administration
• the ad hoc group of bondholders in connection with the €2.5 billion restructuring of Nyrstar, implemented by way of an English scheme of arrangement and the buyout of the existing bonds by the group’s largest shareholder
• the lender syndicate in relation to the refinancing of a €750 million revolving credit facility to Hemisphere International Properties B.V., the real estate ownership part of Steinhoff International, which included advising the lender syndicate in relation to the broader restructuring of Steinhoff