Pinsent Masons advises on former Westlife member's record deal

15 Apr 2013 | 11:26 am |

International law firm Pinsent Masons has advised Kevin Hellard of Grant Thornton, the trustee in the bankruptcy of the former Westlife singer Shane Filan, on a new record deal which will enable his creditors to share in his financial rewards.

Shane Filan, who was declared bankrupt last year, has signed a new solo record deal with London Records in a unique transaction that unusually included lawyers from the restructuring world as well as the music business.

As part of Westlife, Filan sold over 50 million records worldwide and have accumulated 14 No.1 singles, the third highest in UK history - a feat that won them the accolade of the UK's top-selling album group of the 21st century in 2010.

The Pinsent Masons team advising on the deal was led by restructuring partner, Steven Cottee, assisted by Serena McAllister.

Steven Cottee commented: "It certainly was an unusual transaction. We are pleased to have helped the Trustee implement an innovative solution whereby Shane can go on to enjoy a productive solo career whilst enabling his creditors to share in his financial rewards”.  

 

 

Latest press releases

Show me all press releases

Pinsent Masons hires senior litigation and investigations partner Melanie Ryan in London

Multinational law firm Pinsent Masons has appointed litigation partner Melanie Ryan to join its Global Investigations team in London.

Pinsent Masons MPillay advises SUSI Partners on investment in Alba Renewables

Law firm Pinsent Masons MPillay has advised Swiss-based infrastructure investment manager SUSI Partners on its investment in Alba Renewables to build a renewable energy infrastructure business focused on The Philippines.

Pinsent Masons advises La Bottega on Australian acquisition

Multinational law firm Pinsent Masons has advised Italian producer of hotel essentials La Bottega on its acquisition of a majority stake in Australian company Vanity Group.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons recruits team to launch restructuring and insolvency practice in Australia

Multinational law firm Pinsent Masons has added to it Australian financial services capabilities with the appointment of partner Hannah Griffiths to lead the firm’s restructuring and insolvency practice in Australia.

Pinsent Masons hires finance and restructuring partner Harjeet Lall in London

Multinational law firm Pinsent Masons has appointed partner Harjeet Lall to join its finance and restructuring team in London.

Pinsent Masons wins Restructuring Team of the Year at The Lawyer Awards

Multinational law firm Pinsent Masons has won Restructuring Team of the Year at this year’s The Lawyer Awards.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.