Flipvan der Drift

Associate

阿姆斯特丹 + 31.20.305.4214

Flip van der Drift's practice focuses on banking, finance, distressed debt, and a wide variety of restructuring and insolvency matters. He advises financial institutions and corporate clients on financing transactions and workouts related to syndicated and single bank loans, secured and unsecured financings, acquisitions, projects, asset-based lending, and financial restructurings, which include the global restructurings of the Isolux Group (global energy, construction, and industrial services provider) and the IAC Group (leading global supplier of automotive components and systems).

Flip is also part of the team of insolvency administrators in high-profile cross-border bankruptcy cases, including Intertoys (leading toy retailer in the European market), Oi Móvel (the Dutch financer of the Brazilian telecom giant), and PaperlinX (global paper distributor).

Prior to joining Jones Day in 2015, Flip served several internships with top-tier Dutch law firms.

经验

  • Vibrantz completes US$140 million new STS trade receivables securitisation and €10 million trade receivables factoring programmeJones Day assisted Vibrantz Corporation in relation to a new (i) US$140 million cross-border STS trade receivables securitization transaction with ING Belgium NV/SA and NORD/LB and (ii) €10 million bilateral factoring programme with ING Commercial Finance.
  • ING Belgium and KBC Bank refinance Vydraulics groupJones Day acted as legal counsel to ING Belgium SA/NV and KBC Bank NV in connection with the refinancing of the Vydraulics group.
  • BNP Paribas, ING Belgium, and KBC Bank provide €420 million facilities to Agristo groupJones Day acted as legal counsel to BNP Paribas Fortis SA/NV, ING Belgium SA/NV, and KBC Bank NV in connection with the €420 million facilities provided to the Agristo group.
  • ABN AMRO, Belfius Bank, BNP Paribas, and KBC Bank establish €200 million facilities agreement with Mediahuis NVJones Day acted as legal counsel to ABN AMRO Bank N.V., Belfius Bank SA/NV, BNP Paribas Fortis SA/NV, and KBC Bank NV in connection with the establishment of a €200 million facilities agreement entered into with Mediahuis NV.
  • Diebold Nixdorf successfully restructures over $2.7 billion in funded debt and completes the first-ever dual proceeding under the U.S. bankruptcy code and Dutch restructuring law in 71 daysIn the first-ever cross border restructuring involving dual main proceedings under chapter 11 of the U.S. Bankruptcy Code and a scheme of arrangement (the "Dutch Scheme") under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord ("WHOA")), and the first-ever chapter 15 recognition of Dutch Scheme proceedings and a sanctioned WHOA reorganization plan (the "WHOA Plan"), Jones Day represented Diebold Nixdorf, Incorporated ("Diebold") and certain of its U.S. and Canadian subsidiaries (the "Debtors") in connection with (i) the prepackaged chapter 11 cases of In re Diebold Holding Company, LLC, et al., (Case No. 23-90602-DRJ) commenced on June 1, 2023, in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"); (ii) the Dutch Scheme, commenced on June 1, 2023 by Diebold Nixdorf Dutch Holding B.V. (the "Dutch Issuer") in the District Court of Amsterdam (the "Dutch Court"), and (iii) the chapter 15 proceedings before the Bankruptcy Court commenced by the foreign representative of the Dutch Issuer, wherein the Bankruptcy Court recognized the Dutch Scheme proceeding as a foreign main proceeding and recognized and extended comity to the WHOA Plan that was sanctioned by the Dutch Court.
  • Financial institutions provide financing for acquisition of AB&C GROEP B.V. by entity of EPSA GroupJones Day advised the financial institutions and some of their affiliates or related funds in relation to the financing of the acquisition of AB&C GROEP B.V. by an entity of the EPSA Group.
  • Sacyr Group and Marguerite Silver amend project Arlanzón finance documentsJones Day provided legal advice to consortium composed of Sacyr Group and Marguerite Silver in connection with the Spanish, English, and Dutch matters related with the modification and amendments of certain finance documents within the bond issuance scheme for project Arlanzón.
  • Scotch & Soda sold to Bluestar AllianceJones Day acted as administrator to Amsterdam-based Dutch fashion brand Scotch & Soda in its sale to Bluestar Alliance, a New York-based brand management company.
  • Stellex completes buyout of David Brown Santasalo GroupJones Day advised Stellex Capital Management LLC on its buyout of DB Santasalo S.à r.l from N4 Partners.
  • Arsenal Capital Partners' portfolio company acquires Mascoat Ltd. and Verdia, Inc.Jones Day advised Arsenal Capital Partners in the acquisition and financing by portfolio company Seal For Life Industries of Mascoat Ltd. and Verdia, Inc., both privately owned specialty industrial coatings companies.
  • Seal for Life acquires CanusaJones Day advised Arsenal Capital Partners in the acquisition by portfolio company, Seal For Life Industries, of the Canusa-CPS and Dhatec businesses from Shawcor.
  • ARA Asset Management acquires majority stake in Venn PartnersJones Day represented ARA Asset Management Limited ("ARA"), an Asian real estate fund management company listed on the Singapore Stock Exchange, in connection with the acquisition of a majority stake in Venn Partners LLP, a specialist investment manager in European real estate private debt.
  • JERA acquires minority stake in Formosa 2 offshore wind power projectJones Day advised JERA in the acquisition of a minority stake in the Formosa 2 offshore wind power project, located near Miaoli County off the west coast of Taiwan.
  • Ad hoc group of senior secured lenders advised in landmark restructuring of the syncreon groupJones Day acted for the ad hoc group of senior secured lenders in the landmark restructuring of the global logistics syncreon group which was implemented via English Schemes of arrangement, with chapter 15 recognition in the U.S. and CCAA recognition in Canada.
  • Intertoys files for bankruptcyJones Day assisted the trustee of Intertoys Holding B.V., the market leader in retail toy shops, in the company’s bankruptcy.
  • Wabtec announces new financing arrangementsJones Day represented Wabtec Corporation in connection with the refinancing and replacement of its existing revolving credit facility in the aggregate principal amount of $1.2 billion; a refinancing term loan in an aggregate principal amount of $350 million; and a new delayed draw term loan in an aggregate principal amount of $400 million.
  • International Automotive Components Group completes refinancing of Senior Secured NotesJones Day advised International Automotive Components Group, S.A., a leading global supplier of automotive components and systems, in connection with the issuance of $215 million of Senior Secured Notes due 2023 to Gamut Capital Management, L.P. in a private placement.
  • RPM acquires leading Dutch coatings company, SPS GroupJones Day advised RPM International Inc. in its acquisition of SPS Group, a Dutch decorative and specialty coatings company.
  • Total sells Atotech to The Carlyle Group for $3.2 billionJones Day advised Total in the $3.2 billion sale of specialty chemical affiliate Atotech B.V., a global manufacturer of high technology plating solutions, to The Carlyle Group.
  • Syndicate of lenders provides financing to Grupo Isolux Corsan for its restructuring of debtJones Day provided legal advice to a syndicate of Lenders (excluding bondholders) in a financing transaction to Grupo Isolux Corsan S.A., a listed global Spanish construction and engineering company, in the restructuring of nearly €2 billion debt owed by the worldwide-based group of companies.