- Advised an investment firm in its acquisition of a Luxembourg-incorporated vehicle holding claims against municipalities.
- Advised private capital fund managers in special situations lending and acquisition transactions in various European jurisdictions.
- Advised multiple award-winning funding vehicles of an international passenger and cargo airline, which issued two series of notes totaling $1.2 billion. The proceeds of the notes were loaned to the airline, its airport services business, and five of its key strategic airline partners. Advice was provided with defaults under the notes, under the underlying loans, and cross-border enforcement.
- Advised the credit arm of a leading private equity house in providing an approximately €1 billion credit facility to partially finance the acquisition of a Spanish non-performing loan portfolio involving the repackaging of the loan into notes and a repurchase agreement in relation to the notes.
- Advised the ad hoc committee of unsecured noteholders of a UK-based insurance broker and risk management advisor in its financial restructuring via toggle schemes of arrangement for secured and unsecured noteholder classes.
- Advised a global investment firm in its acquisition of a Swiss global investment bank and financial services firm’s U.S. distressed credit business.
- Advised two global investment firms on their joint acquisition of two high-asset portfolios from a UK-based financial services firm.
- Advised a distressed investor through its investment strategies regarding a large UK landlord with a complex capital structure.
- Advised a London-based financial services firm as the incoming note trustee in its restructuring of its £1 billion distressed securitization structure.
- Advised an international investment firm on the proposed replacement of a special servicer and the identity of the controlling party over a large commercial mortgage-backed securitization of nursing homes.
Counsel,
- Phone: +44 20 8161 4370
- Email: anna.nolan@alston.com
Anna draws on her restructuring and insolvency experience to deliver inventive and comprehensive solutions to stakeholders who are often involved in complex transactions with a cross-border element.
- Advised a distressed investor through its investment strategies regarding a large UK landlord with a complex capital structure.
- Advised credit funds regarding potential investment opportunities.
- Advised a lender on the enforcement of security, and the borrower in administration on the extension of the term of the administration, administrators’ duties in the context of a sale process, and refinancing discussions with the sponsor.
- Advised a manufacturer of auto parts regarding an orderly wind down of its UK business and appointment of administrators in the UK.
- Advised a U.S.-based bank as an agent for itself and a consortium of syndicated lenders in the U.S. and Canada in the recent receivership and administration proceedings in the UK and Canada involving an international media group, including representing the client and the receiver in selling the rights to the media company’s library of 1,000 titles to an American-Canadian film production and distribution company.
- Advised the board of a market leader in outdoor mobile phone technology on its responsibilities and options for capital raising, securing buy-in from its PE sponsor, and on their role and responsibility in effecting an operational and balance sheet restructuring.
- Advised the board of directors of a UK company in the FCA’s allegations that the company had been promoting and operating airport car parking investment schemes unlawfully and in connection with a complex CVA.
- Advised an oil and gas company on a bond restructuring.
- Advised one of the UK’s former biggest payday lenders and its parent company on restructuring and insolvency issues.
- Advised an administrative agent in relation to a scheme of arrangement.
- Advised an international conglomerate in a rescue deal for an international project involving liaising with local counsel in 16 jurisdictions.
- Advised the bondholder committee of an Italian construction company.
- Advised five of the largest international banks on structured finance transactions.
- Advised the borrower in administration on a fee challenge brought by an unsecured creditor.
- Advised a board of directors of an oil and gas company regarding certain allegations brought by a noteholder.
- Advised an ad hoc committee of bondholders of an Indian multinational wind turbine manufacturer in its financial restructuring.
Anna Nolan is counsel in the Financial Restructuring & Reorganization Group in Alston & Bird’s London office.
With over a decade of experience, Anna assists a wide range of clients including corporates, funds, lenders, bondholders, directors, and insolvency practitioners with all stages of stressed and distressed, domestic, and cross-border transactions. These include liability management exercises, enforcement strategies, M&A deals, refinancings, formal insolvency processes, and corporate reorganizations and restructurings from contingency planning and investment analysis stage to implementation of complex restructurings. Anna helps her clients find consensual solutions, although she also advises on schemes of arrangements, restructuring plans, CVAs, and administrations. Anna is a trusted advisor for clients considering innovative and complex deals.
Anna is co-chair of the Education Committee of 100 Women in Finance, chair of TMA NOW Europe, and a director of the Turnaround Management Association UK.
Anna frequently speaks at conferences and publishes articles on complex legal issues. Anna has been recognized by The Best Lawyers in the UK© for Restructuring and Insolvency.
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Speaking Engagement March 6, 2025TMA NOW Power Hour WebinarAnna Nolan will moderate the International Women's Day webinar “Navigating Directors’ Duties in a Cross-Border Context Walking Through a Minefield.”Speaking Engagement March 6, 2025TMA NOW Power Hour WebinarAnna Nolan will moderate the International Women's Day webinar “Navigating Directors’ Duties in a Cross-Border Context Walking Through a Minefield.”
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Speaking Engagement October 17, 2024TMA Annual Conference 2024Join Anna Nolan and esteemed panelists from around the world for the panel “Fiduciary Duties and Forum Shopping Considerations – Navigating the Global Restructuring Landscape: What Directors Must Be Aware of and When They Should Seek Advice within Different Jurisdictions” as they discuss the fiduciary duties of directors and other stakeholders under various restructuring regimes as a company’s financial situation deteriorates at this conference hosted by the Turnaround Management Association.Speaking Engagement October 17, 2024TMA Annual Conference 2024Join Anna Nolan and esteemed panelists from around the world for the panel “Fiduciary Duties and Forum Shopping Considerations – Navigating the Global Restructuring Landscape: What Directors Must Be Aware of and When They Should Seek Advice within Different Jurisdictions” as they discuss the fiduciary duties of directors and other stakeholders under various restructuring regimes as a company’s financial situation deteriorates at this conference hosted by the Turnaround Management Association.
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Press Release August 15, 2024Alston & Bird Expands Recognitions and Honors in 2025 Editions of Best Lawyers and Ones to WatchThe number of Alston & Bird attorneys recognized and honored by Best Lawyers and Ones to Watch has grown in key markets around the world. Notably, the 244 Alston & Bird attorneys recognized by the 2025 edition of The Best Lawyers in America® includes 26 first-time honorees; ten of the firm’s U.S. offices and 67 practice areas are represented.Press Release August 15, 2024Alston & Bird Expands Recognitions and Honors in 2025 Editions of Best Lawyers and Ones to WatchThe number of Alston & Bird attorneys recognized and honored by Best Lawyers and Ones to Watch has grown in key markets around the world. Notably, the 244 Alston & Bird attorneys recognized by the 2025 edition of The Best Lawyers in America® includes 26 first-time honorees; ten of the firm’s U.S. offices and 67 practice areas are represented.
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Speaking Engagement June 10–13, 20242024 TMA International Symposium & Annual EuropeanAnna Nolan will be speaking on the June 11 panel “A Journey Through Interconditional & Interlocking Schemes of Arrangement & Restructuring Plans,” an in-depth discussion on the evolution of the global restructuring landscape over recent years, the use of the United States’ Chapter 11 as the key restructuring option, and the growing amount of restructuring tools available to stakeholders.Speaking Engagement June 10–13, 20242024 TMA International Symposium & Annual EuropeanAnna Nolan will be speaking on the June 11 panel “A Journey Through Interconditional & Interlocking Schemes of Arrangement & Restructuring Plans,” an in-depth discussion on the evolution of the global restructuring landscape over recent years, the use of the United States’ Chapter 11 as the key restructuring option, and the growing amount of restructuring tools available to stakeholders.
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In the News March 11, 2024Alston & Bird Represents GLAS in Cross-Border Restructuring DealAlston & Bird represented GLAS as note trustee, security trustee, settlement agent, calculation agent, principal paying agent, registrar, and transfer agent in a cross-border restructuring involving the emergence of global oncology services provider GenesisCare from Chapter 11.In the News March 11, 2024Alston & Bird Represents GLAS in Cross-Border Restructuring DealAlston & Bird represented GLAS as note trustee, security trustee, settlement agent, calculation agent, principal paying agent, registrar, and transfer agent in a cross-border restructuring involving the emergence of global oncology services provider GenesisCare from Chapter 11.
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Press Release October 6, 2023Alston & Bird Recognized by the Turnaround Management AssociationAlston & Bird was recognized by the Turnaround Management Association (TMA) at the 2023 TMA Annual Conference in two categories.Press Release October 6, 2023Alston & Bird Recognized by the Turnaround Management AssociationAlston & Bird was recognized by the Turnaround Management Association (TMA) at the 2023 TMA Annual Conference in two categories.
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Press Release August 17, 2023Alston & Bird Earns Broad Recognition in 2024 Best Lawyers and Ones to WatchThe 2024 edition of The Best Lawyers in America® recognizes 227 Alston & Bird attorneys selected by their peers, spanning the firm’s 10 U.S. offices and representing 67 practice areas. Thirty of these attorneys received this honor for the first time.Press Release August 17, 2023Alston & Bird Earns Broad Recognition in 2024 Best Lawyers and Ones to WatchThe 2024 edition of The Best Lawyers in America® recognizes 227 Alston & Bird attorneys selected by their peers, spanning the firm’s 10 U.S. offices and representing 67 practice areas. Thirty of these attorneys received this honor for the first time.
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Spectrum August 2023Structured Finance Spectrum - Summer 2023Welcome to the latest edition of the Spectrum, covering hot-topic issues in the structured finance markets in the U.S. and UK. This edition features smooth sailing through safe harbors, the English Court doing the cross-class cram-down, and banks going bankrupt.Spectrum August 2023Structured Finance Spectrum - Summer 2023Welcome to the latest edition of the Spectrum, covering hot-topic issues in the structured finance markets in the U.S. and UK. This edition features smooth sailing through safe harbors, the English Court doing the cross-class cram-down, and banks going bankrupt.
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Speaking Engagement July 6, 2023International Impact of the 2023 Banking Crisis in the USA and UKAnna Nolan and Phil Taylor will be panelists at this event where they will share their experience with bank and financial institution collapses and any ripple effect they have on the stakeholders including creditors of such institutions.Speaking Engagement July 6, 2023International Impact of the 2023 Banking Crisis in the USA and UKAnna Nolan and Phil Taylor will be panelists at this event where they will share their experience with bank and financial institution collapses and any ripple effect they have on the stakeholders including creditors of such institutions.
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Speaking Engagement June 20-22, 2023TMA Europe – 2023 International Symposium & Annual EuropeanAnna Nolan will be a panelist on “Megatrends in France, Germany, Poland, and the UK – Harmonization of Insolvency Laws or Continuation of Forum Shopping?” at this event sponsored by TMA Europe.Speaking Engagement June 20-22, 2023TMA Europe – 2023 International Symposium & Annual EuropeanAnna Nolan will be a panelist on “Megatrends in France, Germany, Poland, and the UK – Harmonization of Insolvency Laws or Continuation of Forum Shopping?” at this event sponsored by TMA Europe.
Languages
- Polish
Bar Admissions
- Solicitor of the Senior Courts of England and Wales
Education
- University of Gdansk (Ph.D., 2014)
- College of Law – London (L.P.C., 2009)
- University of Cambridge (G.D.L. equiv., 2008)
- Warsaw School of Economics (M.A., 2008)
- University of Warsaw (M.A., 2007)
Memberships
- Turnaround Management Association UK, director
- Turnaround Management Association Europe; TMA Europe Network of Women, chair
- TMA Global, International Committee
- 100 Women in Finance, Education Committee, co-chair
- TMA nextGen Professional of the Year Award 2019–2021, judging panel