Eversheds Sutherland

Eversheds Sutherland

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Lawyers

Carl Allen

Work Department

Carl is a Partner in the Finance & Restructuring group and a dual-qualified solicitor (Australia and England & Wales). He was awarded Corporate Restructuring Lawyer of the Year (2018/19) at the Turnaround Restructuring and Insolvency Awards and is ranked as a Recommended Lawyer in the UK Legal 500 (2019). Carl specialises in financial restructuring and business recovery. He acts for banks and funds that have substantial debt-at-risk in domestic and cross-border situations, insolvency officeholders, corporate groups and boards of directors navigating their statutory and common law duties. His recent and/or representative experience includes: advising Steinhoff's UK businesses in relation to their emergency £180m financing (and further £80m and £40m financings) and the group's subsequent restructuring. advising a club of major UK airports and international airlines to inject emergency funds into a distressed ground handling business to allow for the business to be sold without disruption to nationally critical airline operations. advising a German bank on restructuring its £200m+ funding of a UK car finance business. advising some of the largest creditors (£2.5bn + in claims and assets) in the administration of Lehman Brothers International Europe. He has been seconded to legal and non-legal roles in organisations including PricewaterhouseCoopers (Business Recovery Services), Barclays Bank PLC (Business Support), HSBC Bank plc (Large Corporate, Loan Management Unit) and Angel Trains (at the time it was a wholly-owned subsidiary of RBS that owned one-third of all British rolling stock). Prior to joining Eversheds Sutherland he worked at Pinsent Masons in London and, prior to that, he worked in Australia (Sydney and Brisbane) as a transactional banking lawyer and a banking litigator working with Mallesons Stephen Jaques, Thynne & Macartney, Westpac Banking Corporation (Dispute Resolution Group) and Westpac Investment Bank.

Position

Partner

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