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 advises Sammons Enterprises on the disposal of Briggs Equipment

Multinational law firm Pinsent Masons has advised Sammons Enterprises on the disposal of materials handling equipment provider Briggs Equipment UK to pension capital firm IFM Investors. After receiving the required regulatory clearances, the deal formally completed on 2 June.

Pinsent Masons appoints structured finance partner Thomas Shen in London

Multinational law firm Pinsent Masons has appointed Thomas Shen as a Partner in its Structured Finance team, based in London.

Employment Plus: Pinsent Masons launches enhanced employment law training and consultancy offering

Multinational law firm Pinsent Masons has today announced that the firm is integrating its Employment Law Plus and Brook Graham offerings to create a comprehensive ‘one-stop shop’ for clients’ employment law training and consultancy needs.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises on The Real Greek pre-pack sale

Multinational law firm Pinsent Masons has advised on the sale of The Real Greek restaurant chain via a pre-packaged administration, acting for the company and subsequently the administrators in delivering the restructuring.

Pinsent Masons advises on Franco Manca CVA

Multinational law firm Pinsent Masons has advised the operating company of the UK pizza restaurant chain, Franco Manca, on its company voluntary arrangement (CVA). Paul Berkovi and Rob Croxen of financial advisory firm, Alvarez & Marsal, have been appointed as supervisors of the CVA.

Pinsent Masons advises Poundland on major restructuring plan

Multinational law firm Pinsent Masons has advised the board of Poundland Limited in relation to its restructuring plan (sanctioned by the High Court on 26 August 2025) and related financing arrangements.

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.