Featured Member
Justin Bickle
How did you first become involved in the world of restructuring and insolvency?
I was given my first directors' disqualification case as a first seat trainee in 1993. Two years later I managed to persuade the DTI to drop the case on the first morning of the trial and from that point forward was completely hooked on all things insolvency related. When I moved to Cadwalader in London in 2001 I was fortunate enough to work on the first high yield restructurings to complete in Europe and have not looked back since.
What is the best part of your job?
At Oaktree we invest other people's money to buy companies either through the debt or through the equity. That's a real responsibility and a privilege. Our investors place huge trust in us.
What is the most challenging aspect of your job?
Managing transactions across different borders and time zones; keeping up with the smart people in our team.
What is your favourite reported insolvency law case (you can only pick one)?
Shepheard v Lamey which was reported in 2001. It was a rare case of the removal of a liquidator 5 years into office and the only time I received a favourable name check from the judge (Jacob J as he then was).
Which restructuring deal do you wish you had been a part of?
The bankruptcy of Drexel Burnham Lambert; era defining case, colourful people.
What is your most memorable career moment?
While in practice, being elected a partner at Cadwalader. At Oaktree, completing our first loan to own investment in Europe this cycle (the acquisition of Countrywide estate agents in May 2009) while waiting outside court in the Cayman Islands for my return flight to London.
What is your favourite place for after work drinks?
The Berkeley Hotel, Knightsbridge, London.
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