Experience

AES Puerto Rico LP

Advising UMB Bank NA (as indenture trustee on behalf of investors in the municipal bonds) on restructuring of AES Puerto Rico LP (AES-PR) and its liabilities in a complex and unanimously consensual out-of-court restructuring that was consummated through the dual closing of a consensual bond exchange and new-money financing, through which participating bondholders received their pro rata share of new super-senior notes, tax-exempt bonds and preferred equity in the parent of AES-PR

GenesisCare 

Advising GenesisCare, one of the world’s largest providers of integrated cancer care on all Australian aspects of its approximately US$2 billion debt restructuring, including the period in the lead up to its filing, during and after emergence from its Chapter 11 proceedings. Pre-merger, we also acted for the unsecured creditors committee of GenesisCare

Mallinckrodt Chapter 11

Advising the Ad Hoc Committee in the multidistrict opioid litigation in the bankruptcy cases of Mallinckrodt plc and its debtor affiliates, including a prepetition restructuring and settlement negotiations that culminated in a Restructuring Support Agreement that served as the catalyst for the commencement of Mallinckrodt’s bankruptcy cases and provided the framework for the eventual Plan of Reorganization

Liquidators of Lehman Brothers Asia

Advising the liquidators of Lehman Brothers Asia entities for a significant reduction in the various fees payable to the Hong Kong Official Receiver, in particular the ad valorem fees (which valued in the HK$billions in a liquidation of this scale). We conducted an in-depth analysis to formulate compelling arguments that were instrumental in securing a satisfactory outcome to our client

Speedcast

We advised on the cross-border restructuring of a major global IT solutions provider amidst the Covid-19 pandemic. We facilitated a US$500-million equity investment, navigating the complexities of multiple jurisdictions (including Australian, English, Hong  Kong, Malaysian, Indonesian and Russian law aspects of the Chapter 11 proceedings) and diverse creditors. Our strategic approach ensured the effectiveness of US Chapter 11 protection globally. Our efforts led to the client emerging from Chapter 11 proceedings recapitalized, debt-free, and with a healthy cash balance

Link Group

Group Advising Link Group, an ASX listed entity, on the successful settlement with the FCA and Part 26 scheme of arrangement of group company Link Fund Solutions Limited. The scheme facilitated a successful M&A transaction and involved the compromise of certain asserted claims arising from issues relating to the Woodford Equity Income Fund, together with the support of the FCA 

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