Profile details
About Richard Tett
Richard leads our restructuring and insolvency practice in London.
With more than 25 years of restructuring experience, he has worked extensively on ‘in court’ and ‘out of court’ restructurings/refinancings, intercreditor agreement disputes, formal insolvency appointments, high-yield bond and CMBS bond restructurings, distressed M&A, English schemes of arrangement and the new restructuring plans, US Chapter 11s, 15s and s363 sales, pension deficits, insurance workouts, telecoms, and insolvency aspects of structured finance.
Richard has acted across the capital structure for all the key stakeholders including corporates, lenders, bondholder/lender formal and ad hoc committees, creditors, shareholders, private equity sponsors, distressed debt investors and asset purchasers, directors, security trustees, administrators and liquidators.
Richard has particular cross border restructuring experience involving the UK, Europe, the US and across the globe.
Recent work
Notable non-confidential transactions include:
- ED&F Man; Amigo Loans; Tunstall; Takko; Prezzo; IKKS; Innovation Group; Expro; BrightHouse; Four Seasons; Bartec; Fairhold Securitisation, H.C. Starck; OFS companies; PHS; New World Resources; Spanish real estate restructurings; IVG; McCarthy & Stone; Endemol; Deutsche Annington/ GRAND; EMI; Primacom; Carl Zeiss Vision; Cory Environmental; La Seda de Barcelona; Paroc; Bank of England (Bradford & Bingley, Landsbanki and Kaupthing); XL Airways; Amtel Vredestein; and the separate acquisitions of the London Eye and Budget Rent-A-Car Group’s EMEA assets.
Qualifications
Education
- Jesus College, Cambridge (natural sciences and law)
Professional qualifications
- Solicitor-advocate with higher rights of audience (civil)
Memberships
- INSOL
- R3
- Turnaround Management Association UK