Kate Magee

Background

About Kate Magee

Registered Insolvency Practitioner and Experienced Director acting as the Engagement Lead on a number of high profile, complex restructuring assignments - with a focus on Cross Border and International engagements. As Head of International & Offshore Restructuring, I manage a number of our Offshore Investments and work with Grant Thornton offices across the network - including Isle of Man, Bermuda, Gibraltar, and Cyprus. I also sit on our Grant Thornton European Restructuring Panel. My industry experience includes Financial Services, Insurance, Mining Services, Construction, Agriculture, Pharma and Life Sciences and spans a wide range of assignments - including Receiver and Manager engagements, Liquidations (Solvent & Insolvent) Examinerships and Schemes of Arrangements. In addition, I have advised the Revenue Commissioner, a number of State agencies and private stakeholders with regards to their rights and options concerning both formal and informal restructuring matters. Key Projects: Liquidation of Bittrex Global (Bermuda) The examinerships of Mallinckrodt Pharmaceuticals. One of the largest restructurings to avail of the examinership process in Ireland, run in conjunction with a Chapter 11 process and restructuring over $3bn of debt. The liquidation and subsequent schemes of arrangement of two Irish special purpose vehicles in the restructuring of €1bn debt held by subsidiaries of Indonesia headquartered Asia Pulp and Paper Group. The schemes were recognised under Chapter 15 of the Bankruptcy code. The examinership of oilfield services group Weatherford International plc, which facilitated a scheme of arrangement between the company and its international creditors pursuant to Part 10 of the Irish Companies Act. The examinership was run in parallel with U.S. Chapter 11 proceedings and a provisional liquidation in Bermuda. In conjunction with my work on international assignments, I have also managed: The Administration of Ireland’s former largest insurance company, Quinn Insurance. The work out of a NAMA "Top 10" Borrower with total debts in excess of €1.3 billion across multiple jurisdictions. The preparation of Independent Expert Reports. Founding Board Member of IWIRC Ireland