International law firm Freshfields Bruckhaus Deringer has advised the co-ordinating committee and ad-hoc working group representing senior lenders on the £1bn recapitalisation of the Biffa Group. Biffa is a leading nationwide integrated waste management business

The High Court approved a UK scheme of arrangement on Monday which enabled the recapitalisation announced by the company on 29 November 2012 to be successfully implemented. All senior and junior secured creditors voted to approve the scheme of arrangement.

Linklaters is advising Deloitte LLP in its role as Joint Administrators on the administration of HMV Group plc, which has been announced today (15 January 2013).

Linklaters has been advising the lenders to the HMV Group since early 2011, but a separate team, led by restructuring & insolvency partners Richard Hodgson and Richard Bussell, has been engaged to assist the joint administrators, whilst the original team, led by banking partner Chris Howard, continues to advise the lenders.

Linklaters has advised a coordinating committee of Senior Lenders on the €408m senior debt restructuring of the Marken group, a supply chain services provider to the pharmaceutical and life science industries which was previously acquired by private equity house Apax in 2010.