Founded by Russell Downs following his 30 year career at PwC llp, Armada Advisers is a boutique advisory firm supporting stakeholders in the restructuring market.

Russell excels in providing leadership in distress and crisis situations. He will take interim board and chief restructuring officer appointments and is available to act as a senior adviser. He is also well regarded for his negotiated settlements and is a trained CEDR mediator.

Russell is known for his calm, inclusive leadership style. He works collaboratively with teams to develop innovative solutions to the most testing of challenges. Transaction focussed, Russell’s priority is always to bring about resolution and certainty for stakeholders.

Highlights and successes include:

• Independent director on the board of the Merry Hills Shopping Centre, Birmingham

• Ted Baker retail chain crisis appointment as sole executive direct to assess options and manage a highly challenging trading environment, prior to its administration.

• Over £40 billion of value returned to stakeholders through various insolvencies, including Lehman Brothers

• Over £20 billion of debts rescheduled through consensual restructurings, schemes and pre-packs

• Countless bilateral negotiated settlements reached from a ticket size of £’000s to £bns

• 2018 English court approved scheme of arrangement covering the £8 billion LBIE equity surplus, ending the heavily contested Waterfall series of litigations between competing groups of creditors

• 2014 English and New York court sanctioned settlement between two Lehman affiliates, covering US$40 billion of claims and resulting in the Omnibus Claim offer, resolving US$8billion of claims on a consensual basis

• Working with a full stakeholder population of banks, boards, corporates, employees, government agencies, hedge funds, purchasers, regulators, retail investors and suppliers

• Multiple businesses given another chance and thousands of employees seeing their jobs preserved

email - info@russd.co.uk phone - +44 (0) 7711 898 536