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

  • Lazard Asset Management completes inaugural investment in DBE EnergyJones Day advised Lazard Asset Management in connection with the Lazard Global Sustainable Private Infrastructure team’s inaugural investment in DBE Energy, owner, and operator of an anaerobic digestion plant in Surrey, England.
  • Comet liquidator obtains £100m+ judgment on leading Insolvency Act preference claimJones Day represents Geoff Carton-Kelly, liquidator of CGL Realisations Limited (formerly Comet Group Limited), in successfully obtaining a £100m+ judgment against Darty Holdings SAS by way of a preference claw back claim arising from the retail giant's collapse into administration in November 2012.
  • Macquarie acquires Euston Solar FarmJones Day advised Macquarie in the acquisition of 100% of the shares in Euston Solar Farm Limited, a UK-based renewable energy developer focused primarily on the development of utility-scale solar plants.
  • Macquarie agrees to acquire Suez Recycling and Recovery UK Group for approximately €2.4 billionJones Day is advising Macquarie Asset Management in the execution of a put option agreement to acquire 100% of the shares of Suez Recycling and Recovery UK Group, for approximately €2.4 billion.
  • Sun Communities Inc. acquires Park Leisure 2000 Ltd.Jones Day advised Sun Communities, Inc. in the £186 million acquisition of Park Leisure 2000 Ltd. from Midlothian Capital Partners.
  • AIP acquires Aluminium BelgiumJones Day advised American Industrial Partners in the acquisition of 100% of the shares of Aluminium Belgium BV, the parent company which owns Aluminium Duffel, from Ecnavla 8 UK Ltd.
  • Macquarie Asset Management acquires 50% shareholding in Island Green PowerJones Day advised Macquarie Asset Management ("MAM"), via Macquarie Green Investment Group Renewable Energy Fund 2 ("MGREF2"), in its acquisition of 50% of the shares in Island Green Power Limited, a UK-based renewable energy developer focused primarily on the development of utility-scale solar plants.
  • Sun Communities acquires Park Holidays UK for $1.3 billionJones Day advised Sun Communities, Inc. on its acquisition of Park Holidays UK for approximately $1.3 billion.
  • American Industrial Partners Capital Fund VII takes control of Aluminium Dunkerque companiesJones Day has advised American Industrial Partners Capital Fund VII, L.P. in connection with the acquisition of the Aluminium Dunkerque companies through the foreclosure on the shares of Liberty France Industries 1 SA, which were pledged to affiliates of AIP under mezzanine financing arrangements previously provided to Aluminium Dunkerque, due to ongoing payment and other defaults.
  • Macquarie acquires Beauparc Utilities, Ireland’s largest waste management companyJones Day advised Macquarie European Infrastructure Fund 6 in the acquisition and financing 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.
  • Macquarie Infrastructure and Real Assets divests stakes in Autoroutes Paris-Rhin-RhoneJones Day advised 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.
  • 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.
  • 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.