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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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