ProfessionalsLiz Osborne

Tel: +44-20-7601-8729
Fax: +44-20-7681-2229
losborne@paulweiss.com
Liz is head of the European Restructuring Department. She is a leading practitioner who has advised on some of the most high-value and complex cross-border restructurings in the market. Liz represents a broad range of clients including par and secondary investors, distressed corporates and sponsor portfolio companies.
Liz also advises on special situations investments, providing structuring solutions to help creditors maximize access to value within the borrower group and minimize their down-side risk.
AWARDS & RECOGNITIONS
Liz is recognized as a market-leading lawyer in all of the major legal directories, including in Chambers UK, where she is praised by her clients for being 鈥渁 very skilful operator鈥 and 鈥渢enacious problem solver,鈥 with one client noting that 鈥淪he is very good with clients but also incredibly smart.鈥 The Legal 500 UK recognizes Liz as a "Leading Partner" for 麻豆视频 Restructuring & Insolvency and has described her as 鈥渁 world-class practitioner who is highly driven and displays excellent commercial judgement.鈥 IFLR1000 UK has named her a 鈥淣otable Practitioner鈥 in Financial Restructuring and Restructuring & Insolvency, and continues to recognize her as one of its UK 鈥淲omen Leaders鈥 (2024). Diversity Journal has called Liz one of its 鈥淲omen Worth Watching in Leadership鈥 (2021). She has also been recognized for several years as 鈥淏est in Insolvency & Restructuring鈥 at the Euromoney Europe Women in Business Law Awards as well as the Euromoney Expert Guide: World鈥檚 Leading Women in Business Law, Restructuring and Insolvency (2019 to 2022).
EXPERIENCE
Liz鈥檚 recent representative experience includes:
- Kem One, a leading European chlorovinyls produces, on the negotiation and execution on a new 鈧200m financing
- HPS Investment Partners in a recapitalization transaction with Vialto, a New York-based provider of global mobility, tax, and immigration solutions
- An ad hoc group of 2L lenders to Northvolt Ett, a Swedish battery developer and manufacturer, during its restructuring negotiations and subsequent Chapter 11 filing
- An ad hoc group of lenders to OQ Chemicals, one of the world鈥檚 largest manufacturers of oxo-chemicals
- Fortenova Group, a food producer and retailer in Croatia and the surrounding region, on issues arising from the existence of sanctioned Russian debt and equity holders in its capital structure
- Advising a secondary investor on loans made to Altice France
- An ad hoc group of unaffiliated lenders on a potential restructuring or recapitalization of GenesisCare, a global healthcare provider specializing in cancer treatment
- An ad hoc group of convertible noteholders in the $750 million restructuring of Ozon Holdings PLC, Russia鈥檚 largest ecommerce platform
- A global alternative investment manager in connection with a special situations loan to a ship building and metal processing company
- HPS Investment Partners in its special situations financing of Havila Kystruten, a Norwegian shipping company
- Sungard Availability Services LP and its affiliated North American entities on the English law aspects of a potential restructuring transaction
- The junior lenders to Avanti, a UK-listed satellite operator, in connection with its restructuring consummated via a prepackaged administration sale
- An ad hoc group of lenders on the restructuring of a $1.3 million senior secured facility borrowed by Prosafe, the largest and most versatile fleet of semi-submersible accommodation vessels in operation worldwide
- An ad hoc group of bondholders on the restructuring of $230 million in convertible bonds issued by Hurricane Energy, a UK-based oil exploration and production company focused on naturally fractured basement reservoirs
- An ad hoc group of bondholders of Travelex, a foreign exchange company, in connection with the successful restructuring of the Travelex business through multiple pre-pack administration sales and injection of new money
- Fairhold Securitisation Limited in connection with the 拢1 billion restructuring of its distressed securitization structure