About
Nick is a partner and has a broad range of experience and has acted on a number of well-known domestic and international restructurings and insolvency proceedings. He has advised on sponsor, debtor and creditor mandates, with his creditor work including advice to leading funds, private equity firms and major financial institutions.
Prior to joining Freshfields, he worked as counsel and as an associate at two leading international law firms. Nick was seconded to the European Special Situations Group and the European Leveraged Finance Trading Desk of Goldman Sachs International. Prior to that, he worked for a leading Italian technology company.
Nick speaks fluent Italian and has significant experience in the Italian market advising Italian and other clients.
Nick’s recent experience includes:
- Advising an investor and new money provider in relation to the restructuring of Kloeckner Pentaplast
- Advising an investor in relation to its preference share investment in a distressed Eastern European steel business
- Advising a private equity fund in relation to the restructuring of its UK technology business portco
- Advising various credit and multi-strategy funds in relation to numerous Holdco financing transactions across Europe
- Advising an ad hoc group of bondholders in relation to the restructuring of HSE
- Confidential Mandate – advised an investor in relation to restructuring of Italian beverage dispenser manufacturer’
- Advising WHP in relation to its acquisition of certain intellectual property rights from Italy’s Lotto Sports Group*
- Advising an ad hoc group of holders of Cazoo Group’s convertible bonds in relation to that group’s restructuring and insolvency proceedings;*
- Advising an ad hoc group of holders of Yandex NV’s convertible bonds in relation to Yandex NV’s repurchase of those bonds;*
- Advising an ad hoc group of secured lenders
to the world’s largest regional aircraft lessor, Nordic Aviation Capital, in relation to its
ongoing restructuring;* - Advising an ad hoc group of senior lenders to UK based deepwater drilling contractor, Seadrill, in relation to the Group’s ongoing chapter 11 bankruptcy proceedings in the US;*
- Advising an ad hoc group of bondholders of UK based speciality metal producer, Ferroglobe, in relation to the Group’s financial difficulties;*
- Advising a range of portfolio companies on strategic options and capital structure solutions;*
- Advising an ad hoc group of holder and Sukuk certificates issued by NMC Health Group in relation to its restructuring;*
- Skillsoft Corporation and its affiliates in relation
to restructuring of its approximately US$2.1bn
of debt;* - Crossholders of first/second lien debt of global food industry business in relation to an amend and extend transaction;*
- Doncasters, the aerospace and defence company, in relation to its restructuring;*
- Pillarstone Europe LLP in its cross-border restructuring of Famar;*
- Charterhouse Capital Partners, as sponsor, in the cross-border restructuring of Bartec, an oil and gas related business;* and
- Claire’s Accessories on its restructuring.*
*Transactions handled prior to joining Freshfields
Nick Fortune
100 Bishopsgate
London EC2P 2SR