Nick Middleton Director

Nick is a director within our Banking and Finance team. Nick has extensive banking and finance experience across a number of sectors and at a range of debt levels, with a particular specialism in distressed lending, restructuring and insolvency. Nick has worked with a broad range of borrowers and lenders across the full debt life-cycle – from origination and coverage through to refinance or recovery.

• Acting for PwC as joint administrators of the international pet products group, Bob Martin, on, amongst other matters, the sale of its business and assets to Pets Choice.
• Acting for National Express on its acquisition of the business and assets of Accessible Transport Group from its joint administrators.
• Acting for the Clarks group on the restructuring of its senior secured revolving credit facility and its senior secured notes in the context of the £100m equity investment by LionRock into the Clarks Group. The debt restructuring was also carried out alongside a Company Voluntary Arrangement and a wider group reorganisation.
• Supporting the lenders to an operational biomass plant project with detailed contingency and enforcement planning advice, and subsequently advising on the restructuring and administration of that project.
• Acting for a UK investment fund (as borrower) on its secured £81m facilities agreement which refinanced its portfolio of operating windfarm assets.