Audrey Nelson

Counsel

Paris
Willkie Farr & Gallagher LLP
21-23 rue de la Ville l'Evêque
75008 Paris
T +33 1 53 43 46 18
F +33 1 40 06 96 06
anelsonwillkie.com

Audrey Nelson is counsel in the Business Reorganization & Restructuring Department. Audrey has significant experience handling out-of-court and cross-border restructuring matters on behalf of debtors, creditors and shareholders, as well as for investment and hedge funds. She has also worked on a number of LBO debt restructurings and lender-led restructurings. Audrey has advised clients in various industries including media, oil and gas, cosmetics and chemicals in high-profile insolvency proceedings and distressed M&A transactions. Additionally, she handles litigation aspects in connection with distressed company and insolvency matters.

Audrey Nelson is counsel in the Business Reorganization & Restructuring Department. Audrey has significant experience handling out-of-court and cross-border restructuring matters on behalf of debtors, creditors and shareholders, as well as for investment and hedge funds. She has also worked on a number of LBO debt restructurings and lender-led restructurings. Audrey has advised clients in various industries including media, oil and gas, cosmetics and chemicals in high-profile insolvency proceedings and distressed M&A transactions. Additionally, she handles litigation aspects in connection with distressed company and insolvency matters.

Selected Significant Matters

Audrey has advised:

  • Air France-KLM Group and Air France on securing funding of €7 billion to help overcome the COVID-19 crisis
  • Air France on the contemplated acquisition of activities and assets of Aigle Azur, the second largest French airline company under insolvency proceedings
  • Alès Group, a cosmetic company listed on Euronext Paris, in the context of its financial restructuring
  • Ateliers des Janves Group, a provider of automotive parts, in connection with its financial restructuring and subsequent insolvency proceedings
  • the Steering Committee of the High-Yield Bond Holders on the debt restructuring of French oil services company CGG, one of the major financial restructurings in France, with $3 billion of indebtedness and the first restructuring conducted under French and U.S. legal proceedings with a Sauvegarde in France and chapter 11 and chapter 15 cases in the U.S.
  • Lampe Berger, a famous lamp designer and fragrance maker, in connection with its financial restructuring
  • Leaseplan in the out-of-court restructuring of Voitures Noires
  • Dolby Laboratories in the bankruptcy proceedings of X-Gem
  • Chenavari Investment Managers on the acquisition of PrimaVista
  • Compagnie Industrielle et Financière de Bussy on the acquisition of Aciéries Hachette et Driout, creating the leading steel company in France
  • Borletti Group and Chenavari in their bids for an asset deal under the bankruptcy proceedings of Gérard Darel
  • Masonite International Corporation, listed on the NYSE and a global leader in manufacturing doors for construction, in connection with the sale of Premdor France Group (Premdor SAS and its subsidiaries) to Perceva
  • Zodiac Marine, the worldwide leader of the manufacturing and sale of inflatable boats, in connection with its insolvency proceedings
  • OpenGate Capital in connection with the restructuring of Kem One (chemical group with 2,600 employees, a turnover of €1.1 billion, 22 industrial sites over 10 countries)
  • Wilmington Trust in connection with the recovery of $1.75 billion bonds of Petroplus in liquidation proceedings
  • Attestor, an investment fund and one of the main creditors of Saur, in the restructuring of Saur "amounting to €1.8 billion," a major lenders-led restructuring of a leading French player in the water & outsourced waste management services for local authorities and industrial customers
  • Hager, a leading European supplier of solutions and services for electrical installations in residential, commercial and industrial buildings (turnover: €1.6 billion) in connection with complex litigation related to the acquisition of Potentiel/Artys in the course of bankruptcy proceedings
  • Insert, a leader in city center outdoor advertising, on its MBO, a pre-packaged sale subject to the opening of the safeguard proceeding – a first in France; the investment was made through a capital increase and a debt restructuring, making the acquisition possible
  • HLD in connection with the acquisition and the safeguard plans of Laboratoires SVR, a French dermo-cosmetic skin care laboratory

Prior Experience

Prior to joining Willkie, Audrey practiced for four years at an international U.S. law firm.

Selected Professional and Business Activities

Audrey is a member of the Association des Jeunes professionnels du Restructuring (Young Insolvency Practitioners) since 2015.

Selected Publications and Lectures

Change of venue: from theory to practice, in bulletin Joly Entreprises en Difficulté, May-June 2015