- Advised a creditor of Northvolt AB which was in Chapter 11.
- Advised a provider of loan agency and trustee services on a USD $1.6 billion refinancing to Staatsolie.
- Advised a provider of loan agency and trustee services on a bridge loan to Meyer Burger and subsequent DIP financing in Chapter 11.
- Advised the insolvency practitioners of a crypto company on a UK pre-pack and a settlement agreement.
- Advised a provider of loan agency and trustee services on complex holding period trust arrangements relating to the emergence of Scandinavian Airlines from Chapter 11.
- Advised a provider of loan agency and trustee services on the emergence of GenesisCare from Chapter 11.
- Advised a crypto company on its rescue financing and subsequent distressed M&A process involving a credit bid.
- Advised a transportation company on a complex settlement agreement with its lenders.
- Advised an investment firm in its acquisition of a Luxembourg-incorporated vehicle holding arbitration and other claims against municipalities and states.
- Advised special situations funds on lending and acquisition transactions in various European jurisdictions.
Partner,
- Phone: +44 20 8161 4370
- Email: anna.nolan@alston.com
Anna draws on her restructuring and insolvency experience to deliver inventive and comprehensive solutions to stakeholders who are often involved in complex transactions with a cross-border element.
- Advised multiple award-winning funding vehicles of an international passenger and cargo airline, which issued two series of notes totaling $1.2 billion, on defaults under the notes, under the underlying loans to various airlines, and cross-border enforcement.
- Advised an investment fund on providing €1 billion credit facility to acquire a Spanish non-performing loan portfolio.
- Advised the ad hoc committee of unsecured noteholders of a UK-based insurance broker on toggle schemes of arrangement for secured and unsecured noteholder classes.
- Advised a global investment fund on its acquisition of a large portfolio of non-performing loans from a Swiss investment bank.
- Advised two investment funds on their joint acquisition of large portfolios of non-performing loans and distressed equity.
- Advised a distressed investor on its investment strategies regarding a large UK landlord with a complex capital structure.
- Advised an incoming note trustee on restructuring of its £1 billion distressed securitization structure.
- Advised an investment fund on a special servicer’s replacement and the identity of the controlling party over a large commercial mortgage-backed securitization of nursing homes.
- Advised lenders on enforcement of security in England.
- Advised the insolvency practitioners of a real estate group of companies on a complex administration.
- Advised an auto parts manufacturer on an orderly wind down of its UK business and appointment of administrators in England.
- Advised a U.S. bank as an agent for itself and a consortium of syndicated lenders in the U.S. and Canada in the receivership and administration proceedings in the UK and Canada involving an international media group, including representing the administrators in selling the rights to the library of 1,000 titles.
- Advised a mobile phone company on directors’ duties and capital raising options, securing buy-in from its PE sponsor, and on operational and balance sheet restructuring.
- Advised the board of directors of a UK company in connection with the FCA’s allegations that the company had been promoting and operating airport car parking investment schemes unlawfully. Provided advice on finding a solution via CVAs.
- Advised an oil and gas company on a bond restructuring which involved a debt-for-equity swap.
- Advised a payday lender on restructuring options and insolvency issues.
- Advised an administrative agent on Syncreon’s financial restructuring implemented by English Schemes of Arrangement with parallel Chapter 15 and CCAA recognition.
- Advised an investor in a rescue deal for Thomas Cook.
- Advised the bondholder committee of an Italian construction company on a default under the bonds and their options.
- Advised large international banks on structured finance transactions.
- Advised the administrators of a real estate company on a fee challenge brought by an unsecured creditor.
- Advised an oil and gas company on allegations brought by a noteholder.
- Advised an ad hoc committee of bondholders of an Indian multinational wind turbine manufacturer on its financial restructuring.
Anna Nolan is a partner in Alston & Bird’s London office where she works on contentious and non-contentious matters in England and internationally.
With over a decade of experience, Anna works on high-stakes matters for debtors, creditors, trustees investors and insolvency practitioners. Anna has extensive restructuring and transactional experience with all stages of stressed and distressed, domestic, and cross-border transactions. Anna is business-focused counsel in complex restructurings, refinancings and difficult transactions often with a structured finance element. Anna provides creative and practical advice from contingency planning and investment analysis stage to implementation of formal turnaround processes, M&A deals and refinancings. Anna helps her clients find consensual solutions, although she also advises on schemes of arrangements, restructuring plans, CVAs, and administrations.
Anna is actively involved in several restructuring and finance organizations and professional committees.
Anna frequently speaks at conferences and publishes articles on complex legal issues. Anna has been recognized by The Best Lawyers in the UK® for Restructuring and Insolvency, The Legal 500, and IFLR as a notable practitioner. Anna received the Individual Excellence Award from TMA in San Francisco in 2023.
Languages
- Polish
Bar Admissions
- Solicitor of the Senior Courts of England and Wales
Education
- University of Gdansk (Ph.D., 2014)
- University of Law – London (L.P.C., 2009)
- University of Cambridge (G.D.L. equiv., 2008)
- Warsaw School of Economics (M.A., 2008)
- University of Warsaw (M.A., 2007)
Memberships
- Turnaround Management Association UK, director
- Turnaround Management Association Europe; TMA Europe Network of Women, chair
- 100 Women in Finance, Education Committee, co-chair