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Timea Scholey

Senior Associate

Timea Scholey

Timea Scholey

Senior Associate

CMS Cameron McKenna Nabarro Olswang LLP
Cannon Place
78 Cannon Street
London
EC4N 6AF
United Kingdom
Languages Hungarian, English, German, French

Timea is a Senior Associate in the Restructuring and Insolvency team, with significant experience in both cross-border and UK restructurings, insolvencies and work-outs, representing a variety of stakeholders, including institutional lenders, hedge funds, bondholders, creditor committees, pension trustees and borrowers.

Timea provides strategic advice relating to UK and cross-border enforcement situations, accelerated solvent and insolvent sales of businesses in distressed situations. She has a particular interest in the retail, travel & leisure and energy sectors. She has also extensively advised in relation to restructuring issues for pension schemes, on the acquisition of distressed loan portfolios from banks, and the subsequent work-out of such portfolios.  

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Relevant experience

  • The administrators of the international retail group Oasis and Warehouse on the sale of certain of its assets on an accelerated basis, and the managed wind-down of its international operations in a number of jurisdictions.
  • A travel group in relation to the consensual restructuring of its debt and security, including also a significant new money injection.
  • MeteoGroup, an international weather services provider, on its accelerated sale to a Swiss investment company.
  • The lenders in relation to the long term restructuring of the debt of Ukrainian energy group DTEK.
  • The pension scheme as part of the House of Fraser group’s restructuring, involving a company voluntary arrangement and schemes of arrangement.
  • A large private equity-owned E&P company on the restructuring of its debts and new loan facilities.
  • King & Wood Mallesons LLP on its restructuring and subsequently, its administration.
  • The bondholder committees on the restructuring and wind-down of the collapsed Icelandic banks Glitnir and Landsbanki.
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Education

  • 2010 – Legal Practice Course, University of Law, London
  • 2009 – BA Jurisprudence, University of Oxford, Oxford
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Expertise

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