Experience

Chinese bank bondholder

We advised a Chinese bank, who is a member of an ad hoc committee of bondholders of an offshore bond, on issues arising from the competing claims over certain funds of the issuer and potential clawback risks 

French State

Advising the French State in relation to the granting and restructuring of the FDES loans granted to Liberty Ascoval, a French affiliate of the GFG Alliance

UltraTech Cement Limited

Advising UltraTech Cement as the successful bidder under the Indian Insolvency and Bankruptcy Code process under which the bidder purchased the debt of the Binani Cement group companies under the Resolution Plan as a part of a loan-to-own restructuring. The debt restructuring raised complex legal issues in relation to reconciling the unique restructuring scheme sanctioned by the highest court in India and the English law governed facility agreements, as well as the legal impact of the English law assignments on local law security documents

BAML, Citigroup and Sabadell

Advising the arranger and lead managers on TSB Bank's inaugural Rule 144A Duncan Funding 2016-1 RMBS transaction

Clarendon Portfolio

Advising a consortium comprised of Deutsche Bank, KKR and Varde Partners on the financing of their circa $6.2 billion acquisition of GE’s Australian and New Zealand consumer finance business (new re-branded Latitude Financial Services). The financing arrangements included six warehouse securitisations of consumer finance receivables, including Australia’s first rated credit card receivables securitisation programme

Deutsche Bank

Advising Deutsche Bank on the secured financing to Sankaty of its acquisition of an approximately $660 million loan portfolio from Lloyds Banking Group

Key contacts

Kenneth H. Eckstein photo

Kenneth H. Eckstein

Partner, Head of Bankruptcy and Restructuring, US, New York

Amy Caton photo

Amy Caton

Managing Partner, Finance and Restructuring, US and Head of Bankruptcy and Restructuring, US, New York

Rachael Ringer photo

Rachael Ringer

Partner, Head of Distressed Investing, US , New York

Adam C. Rogoff photo

Adam C. Rogoff

Partner, Head of Turnaround and Board Advisory, US, New York