"A fantastic lawyer - she provides pragmatic advice, is always accessible and puts her clients' needs ... at the forefront of everything she does."
Chambers UK 2025
Ranked – Restructuring/Insolvency
Chambers UK 2025
"Commercial and responsive."
The Legal 500 UK
Profile
Jessica Walker advises clients on all aspects of complex, cross-border restructurings, insolvencies, and special situations.
Jessica combines 20 years’ experience with creativity and compassion to optimize outcomes and help debtors, creditors, directors, insolvency practitioners, and other stakeholders navigate:
Distressed transactions
Operational and financial restructuring
Formal insolvency processes
Restructuring plans, schemes of arrangement, and company voluntary arrangements (CVAs)
Pensions restructuring
Contingency planning
Jessica’s experience spans a broad range of industries, including fintech and financial institutions, energy and infrastructure, retail and automotive.
A recognized leader both in and outside the firm, Jessica serves on Latham’s Ethics Committee and Women Enriching Business (WEB) Committee. She is also an active member of INSOL International, International Women’s Insolvency & Restructuring Confederation (IWIRC), and the Insolvency Lawyers Association.
Jessica maintains an active pro-bono practice, including representing survivors of domestic abuse in the UK through the Domestic Abuse Response Alliance (DARA).
Experience
Jessica’s experience includes advising:
Companies and Boards of Directors
Silicon Valley Bank – advising corporate depositors on the implications of insolvency in US and UK
Farfetch – advising on the restructuring of the luxury e-commerce retailer involving a UK pre-pack administration process
New Look – advising on its CVA and defending a challenge in the High Court
Hong Kong Airlines – advising on its parallel restructuring plans in England and Hong Kong
Biwater – advising on the defense of a winding up petition brought by the group’s Pensions Trustees
Whirli Ltd – advising the board on the run-up to insolvency and the sale of the business out of administration
Arjowiggins – advising on the acquisition by Fedrigoni SpA of assets from the administrators
Robertshaw Group – advising the UK part of the group on its Chapter 11
Vietnam Shipbuilding Industry Group – advising on its restructuring through an English scheme of arrangement
North Sea oil and gas company, ATP – advising on its successful US$1.2 billion restructuring through an English CVA and Chapter 15 recognition, following its parent’s Chapter 11 filing
Creditors
Greensill – advising Credit Suisse as secured creditor in Greensill’s insolvency in England and Australia
Petrofac – advising the incumbent RCF lenders in relation to the financial consequences of Petrofac’s guilty plea to ‘failure to prevent bribery’ and its connected recapitalization
Borr Drilling – advising a secured creditor in the restructuring of the group
Wind Farms – advising a secured creditor to the operators of two wind farms in separate Swedish reorganisation processes
A Financial Services Company – advising a major program manager on the rights and recovery of customers and creditors in the administration
Lifeways Group – advising the secured creditors on the UK group’s restructuring plan
Volta Trucks – advising the secured creditors in respect of contingency planning and the subsequent insolvency and asset sale
Derby County FC – advising the secured creditor in relation to the club’s administration
Insolvency Practitioners
Small World – advising the special administrators of payment service provider
Babylon Healthcare – advising the administrators on the UK pre-pack sale of the business and ongoing administration process
Farfetch – advising the administrators on the restructuring of the luxury e-commerce retailer involving a UK pre-pack administration process
Other Stakeholders
A non-UK central bank – advising on its application to the Bank of England for recognition of a third-country resolution action under the Banking Act 2009
Essar Energy – advising on the enforcement by a leading Indian bank of guarantees and security in respect of a US$500 million debt
Mothercare – advising the pension trustees on the company’s CVA, subsequent administration and business sale
Ideal Standard – advising the security trustee on restructuring of the group through enforcement of Luxembourg security and liquidations in Cayman
A non-UK central bank – advising on the impact of preferred creditor status of an international financial institution on its other financing arrangements
Norwegian Airlines – advising a major creditor on the implications of the company’s Irish examinership
Auto Teile Unger – advising US Bank Trustees Ltd as security trustee on the restructuring of the group’s US$300 million debt and subsequent sale of the German tyre chain
Qualifications
Bar Qualification
England and Wales (Solicitor)
Education
LPC (Distinction), Northumbria University at Newcastle
Firm honored by Law360 for advising startups, financial institutions, VCs, digital asset and Web3 participants, and corporations on their most innovative and complex transactions, investigations, litigation, and regulatory matters.
Actions brought against the BHS directors by the group’s liquidators have resulted in the largest reported award for wrongful trading since the provision’s introduction, but the judgment highlights some unsettled areas of the law relating to directors’ duties.
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