Please ensure Javascript is enabled for purposes of website accessibility

People

Big things are happening at Ogier. Change is embedded in everything we do. It is redefining our talent, our ways of working, our platforms of delivery, our culture.

Expertise

Services

We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.

View all Services

Employment law

Intellectual Property

Listing services

Restructuring and Insolvency

Business Services Team

Executive Team

German Desk

Accounting and Financial Reporting Services

Cayman Islands AML/CFT training

Corporate Services

Debt Capital Markets

Governance Services

Investor Services

Ogier Connect

Private Wealth Services

Real Estate Services

Regulatory and Compliance Services

Ogier Global

Consulting

View all Consulting

Sustainable Investment Consulting

LexTech - Technology Consultants

Business Services Team

View all Business Services Team

Sectors

Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.

View all Sectors

Aviation and Marine

BVI Law in Europe and Asia

Energy and Natural Resources

Family Office

Foreign direct investment (FDI)

Funds Hub

Private Equity

Real Estate

Restructuring and Insolvency

Sustainable Investing and ESG

Technology and Web3

Trusts Advisory Group

Locations

Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.

News and insights

Keep up to date with industry insights, analysis and reviews. Find out about the work of our expert teams and subscribe to receive our newsletters straight to your inbox.

Fresh thinking, sharper opinion.

About us

We get straight to the point, managing complexity to get to the essentials. Our global network of offices covers every time zone. 

No Content Set
Exception:
Website.Models.ViewModels.Components.General.Banners.BannerComponentVm

Ogier advises on the administration and restructuring of Travelex

Deal

09 September 2020

Jersey

ON THIS PAGE

Ogier has recently advised on the administration and restructuring of Travelex, a global market leader in cash foreign exchange services operating in more than 60 countries.

The Ogier team advised an ad-hoc group of senior secured noteholders in relation to the administration and financial restructuring of Travelex. Due to the ongoing challenging economic climate, certain of Travelex's creditors agreed to provide additional funding in return for ownership of certain parts of the Travelex business, which involved the creation of a new holding structure for the group and the issue of new warrants to the noteholders. 

Throughout the transaction, the Ogier team, led by group partner Matthew Shaxson with assistance from associate Robin Burkill, worked closely with the London office of Akin Gump Strauss Hauer & Feld LLP.

Matthew said: "We were delighted to take part in this high profile restructuring which demonstrated the Ogier team's ability to act on complex matters such as this and the strength of our restructuring expertise."

No Content Set
Exception:
Website.Models.ViewModels.Blocks.SiteBlocks.CookiePolicySiteBlockVm