Hannah Crawford

Since joining Golden Flag, Hannah has been involved in the following representations:

• Vyaire Medical, Inc. — Representing Vyaire Medical, Inc. and certain of its affiliates in their prearranged Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware. Vyaire is a leading medical devices and services company with approximately $534 million in funded debt. Vyaire commenced the prearranged cases to conduct a sale process with a $45 million debtor-in-possession financing facility and the support of the vast majority of its secured lenders.

• Appgate — to confirm Chapter 11 plan and emerge from Chapter 11 restructuring.

• McDermott International — on the successful implementation of its restructuring via parallel restructuring processes across three jurisdictions: in England (UK Restructuring Plan), the Netherlands (Dutch WHOA) and the U.S. (Chapter 15 recognition proceedings). The restructuring resulted in the amendment and extension of $2.6 billion of secured debt and the extinguishment of $2 billion of litigation and arbitration liabilities.

• Fantasia — Advising an ad hoc group of offshore bondholders in the restructuring of $4 billion of offshore bonds issued by Fantasia Holdings Group Co., Limited.

• McDermott — on the approval of its restructuring plan.

• Venator —  to emerge from Chapter 11 restructuring.

• Wheels Up Experience Inc. — In its strategic partnership with a consortium of investors led by Delta Air Lines, Certares Management LLC, Knighthead Capital Management LLC, and Cox Enterprises.

• Triton — Advised on the win of the most significant restructuring litigation case of the last 20 years.

• Venator Materials, PLC — Advised on their prepackaged Chapter 11 in Texas.

• An ad hoc group of lenders to Archer Limited — Advised on the successful refinancing and recapitalization of its $600 million term loan.

• The Lycra Company — Advised on the completion of a comprehensive debt refinancing. 

• Celsa — Advising the ad hoc committee of jumbo and convertible lenders to Spanish steel manufacturing company, Celsa, in the first use of the Spanish Restructuring Plan procedure.

• Celsius Network — Advising cryptocurrency-based finance platform Celsius and its affiliates in their Chapter 11 bankruptcy proceedings filed in the U.S. Bankruptcy Court for the Southern District of New York. With over $5.5 billion in liabilities, Celsius is the largest cryptocurrency bankruptcy filing to date.

• PGS ASA — Advised the company in relation to its restructuring.

• Löwen Play — Advised the ad hoc group of noteholders on the financial restructuring of Safari Holding Verwaltungs GmbH, implemented via a scheme of arrangement under Part 26 Companies Act 2006.

• Noble Group — Advised Noble, a major global commodities trading business, on the successful $1.3 billion financial restructuring of its trading business which was implemented by way of a share pledge enforcement and receivership sale. 

• Yestar Healthcare Holdings Company Limited — Advised Yestar on the successful restructuring of its New York law governed $200 million senior notes. 

• NCP — Advised the company in relation to the restructuring of its leasehold estate including structuring and proposing a restructuring plan under Part 26A Companies Act 2006.

• Amigo — Advising the ad hoc committee of noteholders in relation to the company’s financial restructuring.

• Hertz — Advised the ad hoc committee of noteholders in relation to the UK scheme of arrangement. 

• Mamas & Papas — Advised the company on its restructuring by way of a pre-packaged administration sale.

• Galapagos — Advised the Galapagos group in relation to its financial restructuring.

• Debenhams — Advised the ad hoc committee of noteholders and lead investors in relation to the group’s financial restructuring.

• Agrokor — Advised the Extraordinary Administrator to Agrokor d.d., a Croatian food and retail company, in relation to its financial restructuring. This was the first time that the Croatian Extraordinary Administration process had been used; the procedure was recognised by the English court in 2017 in a case that was acknowledged at the 2018 Global Restructuring Review Awards as the “Most important recognition decision”.

• Noble Group Limited — a global commodities trading business, on its multi-billion dollar restructuring which included an English scheme of arrangement.

• Danaos — Represented an ad hoc group of creditors to Danaos Corporation in connection with the restructuring of $2.2 billion of the company’s debt.

• CGG — Represented the ad hoc committee of senior secured lenders to CGG S.A. and its subsidiaries in connection with a prearranged restructuring through concurrent French sauvegarde, Chapter 15, and Chapter 11 proceedings.

• Algeco Scotsman — a world leader in modular space and secure storage solutions, in relation to the restructuring of its PIK loan through an English scheme of arrangement.

• Expro — Represented the original shareholders to the UK-based oil and gas services group, in connection with the implementation of the group’s overall restructuring through a pre-packaged Chapter 11 proceeding.

Prior to joining Golden Flag, Hannah worked on the following matters:

• The Joint Provisional Liquidators of Baha Mar Ltd. In provisional liquidation in the Bahamas.

• Bank of America Merrill Lynch as creditor of various distressed companies.

• Northwood Investors LLC on several matters, including the sale of the Diagonal Mar shopping centre in Barcelona, Spain.

• The joint administrators of BRAC Rent-A-Car International, Inc. (formerly Budget-Rent-A-Car International, Inc.) in relation to the discharge of administration.

Sidley Austin LLP

• Associate (2015–2016)

• Trainee Solicitor (2013–2015)