Marc Noldus
Managing Associate, Amsterdam
"I advise on cross-border finance transactions, with a focus on restructuring and insolvency matters. I am quick to understand clients’ needs and deliver level headed and concise advice."
Overview
Professional experience
Education and qualifications
Published works
Overview
Marc works in the Amsterdam banking practice group where he advises on cross-border finance transactions, ranging from leveraged finance to trade and export finance. His specialty is finance restructuring and insolvency related matters. His experience includes trade and export financings, acquisition financings and project financings. He has gained particular experience in lending transactions in the energy sector.
Marc also has over three years’ experience in Linklaters’ dispute resolution practice group, where he represented financial institutions in banking disputes and has completed a post-graduate course in insolvency law (cum laude).
Work highlights
- The Steinhoff group: advising on two landmark restructurings: a €10.4bn restructuring through a Dutch “WHOA” process, and a €14bn global restructuring through a Dutch “suspension of payments” process in parallel with South African scheme of arrangement.
- Western European oil trader Finco Fuel: advising on its ESG-linked borrowing base facilities with a four bank syndicate.
- The CoCom of secured creditors: advising on the restructuring of Van Gansewinkel's syndicated debt facilities.
- The lenders: advising on new financing for the distressed Dutch department store Vroom & Dreesmann.
- The lenders: advising on the IJmuiden sea lock project in Amsterdam, a new, tide-independent lock to accommodate some of the world’s largest ships.
- A major bank: representing in a NAI arbitration arising out of a complex corporate demerger.
- Pronovias: advising BC Partners on the execution of a Framework Implementation Agreement in connection with the restructuring of the Spanish headquartered group, Pronovias
- Haya Real Estate: advising on its successful recapitalisation (including in relation to the recourse position vis-à-vis a Dutch incorporated parent entity) utilising an English scheme of arrangement and Spanish homologación
Professional experience
Education and qualifications
Marc gained a master’s degree in Law at Leiden University and a postgraduate qualification in insolvency law (cum laude) at the Grotius Institute of the University of Nijmegen.
Prior to this, Marc obtained a bachelor’s degree at Tilburg University and studied at the Radzyner Law School at the Interdisciplinary Center in Herzliya, Israel.
Marc Noldus is a member of INSOLAD, an association for insolvency lawyers and he is also a member of the Dutch Restructuring Association.
Published works
Marc has recently published an article in the journal ‘International Corporate Rescue’:
- “Creditors’ Rights under New ‘Dutch Scheme’”, Vol 18 (2021) 1 International Corporate Rescue p. 17-22
This article discusses how the WHOA deals with creditors' rights in a Dutch pre-insolvency restructuring scheme.