Curing Ambiguities and Defects Without Noteholder Vote: Not So Fast
Funds Talk: October 2016
Our Distressed and Special Situations Lending Subgroup is comprised of attorneys from both the Corporate Restructuring and Bankruptcy Group and the Corporate Department, and has significant experience representing lenders to distressed companies in and out of bankruptcy. The Distressed Lending Subgroup works closely with our corporate, tax, real estate, intellectual property and employee benefit groups to provide diversified, sophisticated advice to our distressed lending clients.
We focus on the representation of investment banks, commercial banks and domestic and international hedge funds engaged in the business of lending to companies unable to obtain traditional financing, including companies undergoing financial restructuring or bankruptcy. We regularly represent financial institutions and funds as lenders in structuring and documenting cutting edge loan transactions, including DIP loans, chapter 11 exit facilities, term b loans, mezzanine loans, bridge loans, acquisition facilities and other transactions. While many of our transactions are very complex, we are dedicated to meeting the needs of our distressed lending clients to implement these transactions quickly. Our lending services are often coupled with our distressed M&A practice to consummate a debtor-in-possession financing as a precursor to acquisition of a company out of bankruptcy. In addition, the firm's Corporate Restructuring and Bankruptcy Group attorneys regularly represent bank groups, agents and lenders in complex restructurings and chapter 11 proceedings.
Our diverse experience allows us to provide comprehensive service and protection to our lending clients, from analyzing the existing debt structure and structuring the deal to protecting the interests of the lenders in the event of any post-closing bankruptcy, restructuring or litigation.