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).

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

Bar Qualification

  • England and Wales (Solicitor)

Education

  • LPC (Distinction), Northumbria University at Newcastle
  • LLB, Bournemouth University

Languages Spoken

  • English
  • German