Jack Oldbury
Associate London
Jack is an Associate in the Assets and Structured Finance Group.
With a particular focus on maritime assets, including cruise, container, tanker and bulk carrier vessels, as well as container boxes, Jack advises banks, financial institutions, owners and operators on all aspects of finance and security documentation across the transport sector.
His experience includes advising on the documentation of loan facilities, including term and revolving credit facilities, and associated security arrangements at all stages of the vessel lifecycle, from pre- and post-delivery financings to refinancing and acquisition finance transactions. He also advises on post-funding steps in secured financings, including amendments, restatements, novations, vessel swaps, security releases and enforcement actions.
His experience extends to refinancing and restructuring transactions, newbuild vessel deliveries and a range of commercial shipping matters, including vessel sale and purchase transactions and reflagging projects.
Since joining WFW as a trainee solicitor in 2021, Jack has worked in the firm’s London and Dubai offices and has completed a secondment with the legal team of a leading product and oil tanker owner/operator.
- Advising BNP Paribas as documentation bank and DNB Bank ASA, New York Branch as agent on a US$1bn term and revolving credit facility to Scorpio Tankers Inc. Scorpio Tankers. The over-subscribed credit facility provided by a group of banks will be used to finance 45 product tankers. This deal won Marine Money's Bank Debt Deal of the Year 2023.
- Advising Nordea on US$1.5bn Prosafe restructuring.
- Advising banks on US$500m Revolving Credit Facility for Scorpio Tankers.
- Advising lenders in relation to the acquisition financing made available to Taylor Maritime Investments (TMI) to finance the acquisition of Grindrod Shipping Holdings Limited.
Education
- 2020 – 2021 · Legal Practice Course, BPP University
- 2019 – 2020 · LLB, BPP University
- 2015 – 2019 · BA (Cell & Systems Biology), University of Oxford
memberships and associations
- Law Society of England & Wales
- PressWFW advises Navigator on US$133.7m secured loan facility
- PressWFW advises lenders on US$350m revolving credit facility for Ardmore
- PressWFW advises Prow Capital on senior secured post-delivery financing for Liberty Lines
- PressWFW advises Navigator Gas on US$300M Secured Loan Facility
- PressWFW advises banks on US$500m Revolving Credit Facility for Scorpio Tankers