Ben Isherwood

Since joining Kirkland, Ben has worked on the following matters, advising:

• Macquarie as sole lender in connection with the amendment and restatement of facilities provided to Basware Oyj as borrower.

Prior to joining Kirkland, Ben worked on the following matters, advising:

• HEMA B.V. the Dutch retailer, on a restructuring involving a significant reduction of HEMA’s debt, including by way of a partial debt for equity swap with respect to HEMA’s €600 million floating rate senior secured notes due 2022, implemented in part by an English scheme of arrangement.
• The Restaurant Group Plc, a leading company in the UK’s casual dining market, in respect of a company voluntary arrangement (a “CVA”) proposed by one of its operating subsidiaries, The Restaurant Group (UK) Limited.
• Premier Oil Plc in respect of schemes of arrangement to facilitate an amendment to the terms of the group’s $2 billion debt facilities and the acquisition of £660 million worth of North Sea oil and gas fields to be funded by way of a placing and rights issue.
• Interserve plc, one of the world’s leading support services and construction groups, on the development and implementation of a deleveraging plan designed to reduce the group’s debt by approximately £485 million and provide £110 million of fresh liquidity.
• Seadrill Limited, one of the world’s largest oil contractors, on its comprehensive restructuring plan, which was implemented via chapter 11 and encompassed its £12.8 billion of existing bank and bond debt, and new investment comprising a $200 million direct equity investment and an $880 million high yield bond.
• The Icelandic bank Glitnir on its winding-up proceedings and composition with its creditors.

Slaughter and May, London

• Associate, 2017–2020
• Trainee Solicitor, 2015–2017