Michelle Shean

I advise all types of key stakeholders in an insolvency or restructuring: shareholders, insolvency practitioners, administrators, receivers, liquidators, lenders, directors and creditors in relation to distressed debt/insolvency situations. I act in particular for:

• banks and other financial institutions in respect of security enhancement and enforcement of security rights;
• insolvency practitioners in relation to business and asset disposals and pre-insolvency advice;
• directors in respect of their duties and obligations in stressed and distressed situations;
• purchasers of businesses and assets in stressed and distressed situations; and
• both corporates and insolvency practitioners in respect of CVAs and restructuring plans.    

Experience

• Acted for the board and insolvency practitioners in relation to a nationwide hardware and retail group. 
• Advised the board pre-insolvency in relation to a potential restructuring and subsequently the administrators of a multimillion pound a North Sea oil and gas exploration company.
• Advised the multinational companies in respect of a $1bn restructuring in a liquidation process in the Middle East.
• Advised the purchaser of Harland and Wolff shipyards in the sale out of an administration process.
• Acted for the largest creditor on the special administration of a UK based, FCA authorised and regulated finance broker. in respect of the proposal of a restructuring plan.