image of Jillian RobertsonJillian Robertson

Clayton Utz Special Counsel , Sydney T +61 2 9353 4919 https://www.claytonutz.com

Specialising in business restructuring and insolvency, Jillian Robertson has acted on some of the most significant domestic and cross-border restructuring transactions in recent years.

Acting both for debtors and creditors, she focuses on distressed investment and debt trading, security analysis and contingency planning, and debt recovery. Where necessary, Jillian will act in formal insolvency administrations and litigation and dispute resolution. This broad experience also sees Jillian advising insolvency practitioners on their appointments to insolvent corporates.

Complementing this expertise in restructuring and insolvency is her work with alternate capital providers, who seek Jillian's advice on distressed investments and other Australian investment opportunities.

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Expertise

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Restructuring and Insolvency

Virgin Australia: Jillian advised the administrators of Virgin Australia on the successful restructure and sale of the airline to Bain Capital by way of 10 interrelated deeds of company arrangement, as well as advising on the ongoing trading of the business for seven months during the COVID-19 pandemic.

Collection House: Jillian advised Collection House Limited - an ASX listed receivable management company - on its successful recapitalisation process.

Marlin Brands: Jillian advised in relation to the group's restructuring and acquisition by Oaktree.

Axsesstoday: Jillian advised in relation to the acquisition of Axsesstoday Limited - an ASX listed provider of finance to small and medium sized enterprises in hospitality, transport and other sectors - by Cerberus Capital Management.

Blue Sky Alternative Investments: Jillian advised the administrators of Blue Sky Alternative Investments Limited, the holding company of a complex group structure with a range of entities operating as diversified alternative asset managers.

Sphere Healthcare: Jillian advised the administrators of pharmaceutical companies Sphere Healthcare and Tabco in respect of the voluntary administration, negotiation and execution of a deed of company arrangement and court application under section 444GA of the Corporations Act 2001 (Cth). The assignment involved the negotiation of short term funding facilities for the administrators and advising in respect of an abridged competitive sale process for the group.

Emeco merger: Jillian advised the Orionstone financing syndicate on the merger and restructuring of Emeco, Orionstone and Andy's Earthmovers.

Metal Storm: Jillian advised a corporate trustee on its obligations during the deed administration and liquidation of Metal Storm Ltd, including in respect of a negligence suit brought against it by the majority secured noteholder in relation to the non-appointment of a receiver during the decision period following the appointment of voluntary administrators.

Banksia receivership: Jillian advised the receivers and managers appointed to the Banksia group. The group had issued debentures to approximately 16,000 investors and had over 1,000 loan receivables with a face value of approximately $530 million in secured property.

NewSat receivership: Jillian advised a major foreign satellite operator on Australian insolvency law and the purchase of assets out of receivership.

Distressed investing: Jillian advises sellers and buyers on debt trading for par or distressed values.

Security and enforcement: Jillian advises banks and financial services clients on all aspects of Australian insolvency law, including in relation to contingency planning, enforcement, debt recovery and turnarounds outside of the formal appointment regime.

See Restructuring and Insolvency

Alternative Investment Funds

Jillian has extensive experience advising on restructuring mandates for alternate capital providers, hedge funds and foreign investors in respect of their debt and equity investments in Australia.

See Alternate Investment Funds

Commercial Litigation

Jillian also has significant commercial litigation experience and has advised clients in respect of both formal court proceedings - primarily in the Federal Court of Australia, the Supreme Court of NSW and the Supreme Court of Victoria - as well as alternative dispute resolution strategies.

See Litigation and Dispute Resolution

Knowledge

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