Jatinder Bains

Jatinder Bains – IFT Accredited Member

Jat is head of the restructuring and insolvency group at Macfarlanes. He specialises in a broad range of corporate restructuring and insolvency issues.

He has been involved in restructurings in a wide range of sectors including retail, healthcare, hotels, consumer lending, technology and media, construction, manufacturing, professional services and infrastructure.

Jat’s restructuring experience also includes a secondment to the restructuring group legal team at a global financial institution, where he was involved in multi-billion dollar restructurings. 

Jat is a contributing editor of the ICLG Restructuring and Insolvency series and a partner champion of the Macfarlanes’ BME & friends staff network, a forum for networking and peer support between ethnic minority staff and allies.

Recent highlights include advising:

-              Ares Capital in relation to the restructuring of certain leveraged financings; 

-              the directors of certain subsidiaries of the Four Seasons Health Care group, in relation to its ongoing £525m restructuring; 

-              OpCapita on its loan-to-own acquisition of the UK business and assets of the retailer GAME Digital, its operational turnaround, a ground-breaking dispute with landlords and on its exit by way of flotation. We have since advised on its financing arrangements and its takeover by Sports Direct;

-              Slater & Gordon Lawyers UK in relation to the English law aspects of its £450m restructuring and with the development of its turnaround plans within the capital structure and framework created under the restructuring;

-              Alchemy Special Opportunities in relation to its leveraged refinancing of an Austrian retailer;

-              BDO as the administrators of BSG Resources in relation to its $2bn+ liabilities;

-              FRP, the administrators of Fairline Boats;

-              Kew Green Hotels and its shareholders in relation to its debt restructuring, lease restructuring, certain bolt-on acquisitions (including by way of a “loan-to-own” strategy) and successful £400m exit to China Travel Service; 

-              bondholders in relation to the restructuring of a solar power plant in Spain; and

-              ING Bank, Eurohypo, Deutsche Hypothekenbank and Grant Thornton (as administrators) on the restructuring of the Britannica retail property portfolio.