Sarah Worrall is a counsel in our restructuring, insolvency and special situations practice
Sarah specialises in non-contentious restructuring and insolvency work, acting for companies and financial institutions, including special situation and distressed debt funds. Her experience includes informal and formal workouts and debt restructuring (including standstill and forbearance arrangements, deeds of company arrangement and schemes of arrangement), advice on debt funding structuring, intercreditor issues, security reviews and PPSA advice. Sarah also advises directors, administrators, receivers and liquidators. Prior to arriving in Australia, Sarah worked for a leading mid-tier national practice in the UK for over ten years, during which time she built up extensive experience working both as a front-end banking lawyer (drafting, negotiating and advising companies and UK clearing banks on leveraged, syndicated and club debt facilities in the context of M+A transactions) and also as a non-contentious insolvency lawyer (advising leading accountants and clearing banks in connection with administrations, law of property receiverships, schemes of arrangement and pre-pack transactions).
Sarah has particular expertise acting for corporates in negotiating, drafting and implementing creditor schemes of arrangement, and also has strong experience advising funds and financial institutions in bidding for, and completing, debt portfolio sales in Australia.