Distressed Debt and Claims Trading

Drawing on our broad experience representing hedge funds, investment banks, collateralised loan obligation (CLO) managers and other fund managers—as well as market authorities and industry-wide groups, including the Loan Syndications and Trading Association (LSTA) and Loan Market Association (LMA)—we provide targeted, effective counsel on the legal issues and commercial complexities facing participants in the loan and claims trading markets.

A multinational team providing broad-spectrum counsel

Our core teams of London- and New York-based distressed debt and claims trading lawyers and other legal professionals form one of the legal industry’s largest and most experienced practices. Well versed in market challenges and trends, we provide responsive, real-time, and efficient service focused on solving our clients’ most pressing concerns and helping them capitalize on emerging developments. We also maintain strong relationships with highly skilled local counsel around the world—a particular advantage for clients engaged in cross-border business.

Our counsel is further enhanced by the firm’s deep knowledge in bankruptcy, restructuring, insolvency, credit derivatives, lending, debt finance, private equity, and securities law. At every step, we supply the full range of legal services essential to maximising returns and recoveries in the distressed asset marketplace.

We regularly advise clients in the following, among other areas:

• Claims analysis
• Cross-border and domestic purchases, sales, and related transactions
• Strategy development, with particular respect to subsequent restructurings, reorganisations, bankruptcies, and related litigation
• Tax and other issues that arise in acquiring and holding debt and claims