Jack Isaacs advises clients on all aspects of complex, cross-border corporate restructurings, insolvencies, and special situations.

Jack draws on extensive experience and a commercial perspective to represent a wide range of stakeholders in restructurings and bespoke situations, including:

  • Ad hoc creditor groups
  • Public and private companies
  • Direct lenders, banks, and special situations investors
  • Boards and officeholders

He maintains an active pro bono practice, including work on behalf of Cancer Research UK, the world’s largest independent cancer research organization.

Before joining Latham, Jack practiced at another global law firm.

Jack’s representative experience includes advising:

Ad Hoc Creditor Groups

  • The majority bondholder committee on the restructuring of Intrum’s nearly €5 billion debt capital structure
  • The ad hoc group of senior lenders to Accolade Wines on its £375 million debt and equity restructuring
  • The ad hoc group of senior lenders to Vue Cinemas on its initial more than €1 billion debt and equity restructuring and subsequent recapitalization
  • The noteholder committee on the recapitalization and more than €1 billion debt and equity restructuring of Naviera Armas
  • The creditors committee on the €865 million financing arrangements and €620 million recapitalization of Mediapro
  • The creditors committee on the financing arrangements and recapitalization of Flint Group
  • The ad hoc group of senior lenders on the €290 million recapitalization and debt and equity restructuring of AS Adventure
  • The committee of senior secured creditors on the rescue financing and subsequent €2.4 billion debt and equity restructuring of Swissport
  • The ad hoc group of first- and second-lien lenders on the more than £200 million debt-for-equity restructuring of FatFace

Banks and Direct Lenders

  • Alcentra and KKR on global professional services provider Equiom’s recapitalization, under which Alcentra became majority owner
  • Multiple direct lenders on a range of restructuring situations

Corporates

  • PlusServer, a German cloud-services provider, on its debt and equity restructuring transaction via an English scheme of arrangement
  • Tullow Oil, a UK-listed independent energy company, on refinancing its US$2.4 billion debt
  • Johnston Press, formerly the largest publisher of regional newspapers in the UK, on its strategic review, culminating in the pre-packaged administration sale of its business and assets to the holders of its £225 million high-yield bonds*
  • Xcite Energy Resources (now Whalsay Energy), the holder of the license for the Bentley field, one of the largest undeveloped oil fields in the North Sea, on its balance sheet restructuring and sale to the holders of its US$155 million senior secured notes*

Insolvencies

  • The official receiver as liquidator and the special managers of Thomas Cook, a global travel business, following its entry into compulsory liquidation*
  • The newco on the pre-packaged administration sale of Interserve’s business and assets to a new group controlled by its lenders*

*Matter handled prior to joining Latham

Bar Qualification

  • England and Wales (Solicitor)

Education

  • LL.B, University of Sussex, 2009
    First Class