Joe Bannister is an experienced restructuring and insolvency partner.  Joe has worked across all industry sectors.  He has throughout his career acted for the full range of restructuring stakeholders, often in situations of particular complexity.  Joe has dealt with cases in the UK, Europe, Asia and the US as well as a number of offshore jurisdictions. 

Joe joined DACB after the best part of 37 years at Hogan Lovells where he was first employed as an articled clerk in 1985. 

Cases that Joe has recently led or worked on include the following:

• Acting as Investor Advocate in the redress scheme of arrangement proposed by Link Fund Solutions Limited ("LFS") to compromise that company's liabilities following the suspension of redemptions from the LF Woodford Equity Income Fund and the taking of enforcement action against LFS by the Financial Conduct Authority.
• Advising a group of three automotive companies ("OEMs") in relation to their exposure to Grainger & Worrall Limited ("G&W"); assisting the three OEMs in the negotiation of funding and production agreements with G&W, including negotiations with the company's bankers, then assisting the OEMs in negotiations governing their ongoing participation in the business during and following a full operational restructuring of the company
• Advising a special purpose lender on its attempts to restructure and then recover lending to the Guernsey incorporated holding company of two internet retailers, Northcore Limited and Shade Ltd, sellers of sunglasses under the Shade Station name. Then acting for the administrators of Shade and Northcore on all trading issues in the administrations and on the sale to third parties of their respective businesses, assets and undertakings
• Advising HM Treasury on the development of a new special administration regime for electronic money institutions*.
• Advising on a number of insurer insolvencies and solvent schemes of arrangement including the long running Orion and London and Overseas Insurance insolvencies and dealing with a number of cases in the automotive sector*
• Joe has also acted in a number of other cases in the automotive and airline sectors and serves on the City of London Law Society Insolvency Committee Joe is recognised in Chambers and Partners – Chambers and Partners 2022 – as a practitioner who “gives great commercial advice, is straight talking with clients and works hard to give solutions to difficult problems”. He is further described as “experienced, knowledgeable and enjoyable to work with”.