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Aussie fashion brand ‘saved’
A global law firm has advised an Australian fashion brand on its restructuring following the company going into voluntary administration.
Emma Musgrave
Firm: K&L Gates (Lover and Ferrier Hodgson)
Value: Undisclosed
Area: Finance
Key players: The K&L Gates team that included corporate and transactional partner Hal Lloyd and special counsel Brent Delaney, and restructuring and insolvency partner Jason Opperman and senior associate Daniel Houghton, advised the administrator, Ferrier Hodgson, on all aspects of the administration of Lover including the company’s sale to Australian fashion icon Hotsprings.
Deal significance: According to a statement from K&L Gates, the transaction has helped secure the future of Lover, a women’s fashion label, after it went into voluntary administration.
“The K&L Gates cross-practice restructuring and special situations group was established to provide clients with a multidisciplinary skill set and holistic approach to transform distressed assets into viable investment opportunities,” said K&L Gates restructuring and insolvency partner Jason Opperman.
“We’re pleased to have worked hand-in-hand with Ferrier Hodgson to achieve this and to ensure the future is bright for the Lover brand.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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