BenLarkin

Partner

London + 44.20.7039.5825

Ben Larkin's practice encompasses all aspects of corporate work including M&A and restructuring. He particularly has in-depth experience in infrastructure-related transactions.

Ben is recognized as a leader in his field and is described by The Legal 500 as "exceptional" and is applauded by Chambers UK for his superior knowledge of the infrastructure sector. He has led significant cross-border M&A and restructurings in the infrastructure, health care, telecom, pharmaceutical, and energy sectors. He acts for a wide variety of funds, investment banks, and corporations.

Ben also has been featured in Chambers as a notable practitioner in the restructuring sector, where clients say that he "really knows the risks and opportunities that distressed businesses face," explaining that "his understanding and experience help him get his clients what they need." He is regarded as an expert in infrastructure-related restructurings; clients say "he is brilliant at subject matter, tactics and negotiation."

Recent experience includes the disposal of Marken, a global pharmaceutical distributor to UBS, representing Veolia on the refinancing and restructuring of the Harkand shipping group, acting for a major international bank on the cross-border restructuring of NMC Healthcare, as well as acting for an international infrastructure fund in relation to transactions in the telecoms, energy, renewables, and transport sectors.

Experience

  • Macquarie acquires Beauparc Utilities, Ireland’s largest waste management companyJones Day advised Macquarie European Infrastructure Fund 6 in the acquisition of Beauparc Utilities, Ireland’s largest waste management company.
  • Lucid acts as agent and security agent in restructuring of leading audio technology companyJones Day has advised Lucid Agency and Trustee Services as agent and security agent in connection with all matters relating the restructuring of a leading audio technology company.
  • ZapGo sells business and assets in administration saleJones Day advised David Buchler of Buchler Phillips Ltd and Darren Edwards of Aspect Plus Limited in their capacity as joint administrators of ZapGo Ltd (in administration), in connection with the marketing and sale of the company's business and assets.
  • Lucid Trustee Services Limited acts as agent and security agent in £450 million restructuring of Survitec GroupJones Day represented Lucid Trustee Services Limited, as agent and security agent, in connection with the £450 million debt and equity restructuring of the Survitec Group, a specialist in the manufacturing of survival and safety solutions in the marine, defense, aviation, and offshore industries in various jurisdictions.
  • FRP Advisory appointed as liquidators of Laura Ashley entities to investigate pre-administration mattersJones Day represents the liquidators of certain Laura Ashley entities (who were originally appointed as additional administrators by the Court) in connection with their investigation of certain pre-administration matters and any causes of action stemming from those investigations.
  • Restructuring of significant UK energy supplier and distributorJones Day advised a large integrated energy and commodities company in connection with the complex equity and debt restructuring of a significant UK energy supplier and distributor.
  • Macquarie sold Condor FerriesJones Day advised Macquarie Infrastructure and Real Assets in the sale of Condor Ferries, an operator of lifeline freight and passenger ferry services between Guernsey, Jersey, the United Kingdom, and the Port of St. Malo in France, to a consortium of Columbia Threadneedle European Sustainable Infrastructure Fund (ESIF) and Brittany Ferries.
  • Clintons greeting cards retailer sold out of administration to Esquire Retail LimitedJones Day advised AG Retail Cards Limited t/a Clintons (the "Company") in its exploration of sale options to secure the future of the business and in its discussions with stakeholders with a view to entering into a Company Voluntary Arrangement.
  • BHS insolvency officeholders seek advice relating to investigations arising from company's collapseJones Day is acting for Geoff Rowley and Tony Wright as the insolvency officeholders of UK high street retailer, British Homes Stores ("BHS"), on investigations into the causes of the company's collapse and pursuing avenues of recovery for creditors.
  • Macquarie Infrastructure and Real Assets to divest stakes in Autoroutes Paris-Rhin-RhoneJones Day is advising Macquarie Infrastructure and Real Assets (Europe) Limited in the sale by subsidiaries Macquarie Infrastructure Fund 2, Macquarie Mercer Infrastructure Trust 1, and Macquarie Mercer Infrastructure Trust 2 of remaining stakes in Autoroutes Paris-Rhin-Rhone for an aggregate price of €867 million, subject to timing of completion.
  • Triton completes restructuring of $1 billion of Galapagos debtJones Day advised private equity fund Triton Investment Management Limited in a restructuring of its investment in Galapagos, a German industrial group with customers in 130 countries.
  • Group of nursing and residential care homes completes corporate and debt restructuringJones Day advised a group of UK nursing and residential care homes (the "Group") in relation to a corporate and debt restructuring of the Group and the sale of its operating companies and care homes.
  • Joint administrators negotiate successful rescueJones Day advised Geoffrey Rowley and Jason Baker of FRP Advisory LLP as joint administrators of the Glint Pay group, an FCA-regulated e-money and gold-trading business.
  • Landlords compromised by various retailer company voluntary arrangementsJones Day advised several landlords on the intended operation and effect of multiple company voluntary arrangements ("CVA") launched by various high street retailers, including the Arcadia Group, Debenhams, House of Fraser, Homebase, Mothercare and Carpetright.
  • Directors of former high street retailer settle with company's administrators and advisersJones Day successfully negotiated the settlement of a dispute between the directors of a former high street retailer, its administrators, and former advisers.
  • City Financial enters administrationJones Day successfully advised the board of City Financial Investment Company Limited (the "Company") on the Company's entry into administration.
  • FTI Consulting act as receivers in global restructuring of BMI HealthcareJones Day advised Andrew J. Johnson and Chad Griffin of FTI Consulting LLP in their capacity as fixed charge receivers of the share capital in the BMI Healthcare group in connection with the restructuring of the BMI Healthcare business.
  • Lombard Medical completes restructuring of secured liabilitiesJones Day advised Lombard Medical, Inc. on the restructuring of their UK and European operations in a pre-packaged sale via an English law administration to MicroPort Scientific Corporation.
  • Complete Entertainment Resources Group sells certain assets to Live Nation EntertainmentJones Day represented Complete Entertainment Resources Group, Inc. (formerly Songkick.com, Inc.), a concert discovery and artist ticketing platform, in its sale of certain assets, including CERG’s ticketing commerce platform, anti-scalping algorithm, API applications and patent portfolio, to Live Nation Entertainment, Inc. in connection with the settlement of pending litigation.
  • Seven Energy, a Nigerian oil and gas operator, restructures its debt in anticipation of sale to Savannah Petroleum PlcJones Day advised the board of directors of Seven Energy as they entered into a lock-up agreement to restructure multiple tranches of debt amounting to $900 million in anticipation of a sale of certain oil and gas assets located in Nigeria to Savannah Petroleum Plc, a UK-based oil and gas exploration and development company.