Will Stoner

Partner, London

Biography

“Will Stoner – definitely a rising star in the restructuring space”
Corporate Restructuring & Insolvency, The Legal 500 UK 2023

Overview

Will is a partner in Firm's Financial Restructuring and Insolvency group in London. Will has extensive experience advising companies, banks, investment funds and other institutions on cross-border restructurings, insolvencies, distressed debt investments and financings and other special situations work.

Will previously spent nine months on secondment to the legal department at Goldman Sachs, advising on private credit, private equity and restructuring transactions. Will was also seconded to the Firm's New York office for six months in 2019, where he assisted in connection with US distressed investments and financial restructurings.

The 2023 edition of The Legal 500 UK highlighted Will's "strong commercial mindset", with the 2024 edition describing him as "technically excellent" and noting that he has gained particular acclaim for his work on behalf of credit funds.

The 2025 edition of The Legal 500 UK recognises Will as being able to "handle complex matters to deliver well-thought-out solutions. He is very responsive and demonstrates a great combination of strong legal knowledge and commercial acumen." Will is identified by The Legal 500 UK 2025 as a Next Generation Partner in the Corporate Restructuring & Insolvency field.

Bars and Courts
England and Wales, Solicitor
Education
LPC
BPP University
LLB
University College London
Languages
English
French

Experience

Konkola Copper Mines
Acting for the provisional liquidator of Konkola Copper Mines in Zambia, in connection with its funding arrangements.

Nostrum
Representation of London-listed oil and gas company Nostrum Oil & Gas plc on the financial restructuring of its US$1.125 billion of senior unsecured notes via a UK scheme of arrangement.

Petra Diamonds
Representation of the ad hoc committee of bondholders of the US$650 million 2022 Notes in the financial restructuring of the diamond mining group, Petra Diamonds, with mines in South Africa and Tanzania.

Meta
Serving as a member of the team which handles UK insolvency matters for Meta.

Seadrill
Representation of the coordinating committee of agent banks and export credit agencies representing holders of US$5.6 billion of senior secured indebtedness across 12 credit facilities in connection with the restructuring of the liabilities and obligations of Seadrill Ltd., an offshore drilling rig operator and its affiliates. This follows the comprehensive restructuring in 2018, where White & Case advised the co-ordinating committee representing a bank group holding US$7.4 billion in secured debt.

Logistics
Representation of the senior lenders to a European logistics group on its 2013 and 2016 restructurings.

Investment Fund Matters
Representation of several major credit-oriented investment funds and alternative asset managers on a range of distressed debt and performing investments.

African Bank
Representation of the committee of senior creditors on the restructuring of African Bank, the sixth largest bank in South Africa.

Globalworth
Representation of York Capital Management and Oak Hill Advisors on their investments in Globalworth Real Estate Investments Limited.

APCOA Parking
Representation of the Agent on the restructuring of the APCOA Parking Group, which was implemented through a scheme of arrangement.

KP1
Representation of GSO Capital Partners on the €215 million refinancing of the indebtedness of KP1, a leading French manufacturer of high performance prefabricated concrete products, and subsequent acquisition of the business.

Magyar Telecom
Representation of Magyar Telecom BV, a holding company of Invitel ZRT, the Hungarian telecoms company, on the restructuring of its €345 million high yield bonds via a scheme of arrangement.

Publications

Co-author of "The HMRC Restructuring Plan Challenges: Lessons Learned from GAS, Nasmyth and Prezzo", Practical Law, July 2023

Co-author of ""Taking the Keys": Six things to consider for credit investors contemplating share pledge enforcement"", White & Case, November 2022

Co-author of "Pilkington on Creditor Schemes of Arrangement and Restructuring Plans" by Christian Pilkington and Will Stoner, Sweet & Maxwell, September 2022

Co-author of "Schemes and Restructuring Plans: Challenging Times?", February 2021

Co-author of "The Lehman Brothers Administration: Scheme to the Rescue", White & Case, August 2018

Co-author of "The Cooperative Bank's Restructuring: Will This Be a Case of Lessons Learned?", Pratt's Journal of Bankruptcy Law, July/August 2013

Co-author of "Exclusion Clauses, Navigating the Minefield", White & Case Energy Series, December 2012