Biography
Kirsten Erichsen is a Restructuring counsel in London. Kirsten has been involved in a number of high profile domestic and cross-border restructurings and insolvencies. She is experienced in advising on restructuring matters in the sovereign, financial services and insurance sectors, including out-of-court restructurings, formal insolvencies, schemes of arrangement and contingency planning. She has advised on both creditor and debtor mandates for a variety of clients including distressed corporates, co-ordinating committees, financial institutions and insolvency practitioners.
Kirsten has been part of the team recognised by the following awards: Legal Business Awards 2016 “Restructuring Team of the Year”; Financial News Awards 2016 “Restructuring Team of the Year”; and The Lawyer Awards 2014 “Restructuring Team of the Year.”
Kirsten speaks fluent German and is a member of the Insolvency Lawyers’ Association and R3.
Experience includes:
- Advising an ad hoc committee of Ukraine’s Eurobonds in connection with Ukraine’s $23 billion sovereign debt restructuring
- Ad hoc creditors’ committee of Zambia’s Eurobond holders in relation to Zambia’s sovereign restructuring
- National Public Finance Guarantee Corporation, in connection with the Title III cases of the Commonwealth of Puerto Rico and certain of its instrumentalities.
- Speedcast International Limited, and its affiliates, a provider of remote communications and IT services, in connection with $180 million debtor-in-possession financing facility and a $285 million refinancing facility.
- Franklin Templeton and other investors in relation to Ukrainian sovereign and sub-sovereign debt and advising on the restructuring of City of Kyiv
- KPMG as joint administrators in the special administration of MF Global UK Limited
- KPMG as joint administrators in the administration of MF Global Finance Europe Limited and MF Global Overseas Limited
- Lehman Brothers Holdings Inc on its insolvency, including in relation to the sale of subordinated debt in Lehman Brothers International (Europe)
- Advising stakeholders in relation to Seadrill, Prosafe and Transocean
- CHC Group, a global helicopter service provider operating on six continents with more than 220 aircraft, in relation to its UK and Cayman restructuring
Latest Thinking, Firm News & Announcements
Latest Thinking
-
Weil Advises Bondholders on Restructuring of Ukraine’s Sovereign Debt
Blog Post — Weil European Restructuring Watch
— By
Andrew Wilkinson and
Kirsten Erichsen
— August 12, 2022
London 12 August 2022: International law firm Weil, Gotshal & Manges has advised a number of large GDP-warrant and bondholders in connection with the successful consent solicitations to delay interest and maturity payments on Ukraine’s sovereign debt and to delay certain payments under the GDP-warrants. The plan to suspend debt serviced by Ukraine for two ...
Firm News & Announcements
- Weil Advises Bondholders on $23 Billion Restructuring of Ukraine’s Sovereign Debt Deal Brief — September 03, 2024
- Weil Advises Bondholders on Restructuring of Zambia’s Sovereign Bond Deal Brief — March 28, 2024