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Distressed Situations  

Advice on buying, selling and investing in distressed businesses and assets

The financial restructuring team advises clients seeking to buy, sell or invest in distressed businesses and assets, both in and outside of Chapter 11 cases. We design and execute transactions in the form of asset sales, stock sales and recapitalizations, including execution of various forms of capital raising to consummate the transaction.

Our lawyers advise acquirers of the securities of distressed businesses through:

  • Debt for equity exchanges
  • Waivers, amendments and forbearances
  • Recapitalizations
  • Consensual and non-consensual restructurings
  • Analyzing legal and structural issues and investment considerations 
  • Claims trading in distressed enterprises

Guidance throughout the transaction’s life cycle

We advise acquirers of distressed businesses throughout the life cycle of the transaction. In the early stages, we issue letters of intent, perform due diligence, negotiate fees and obtain bidding and successor liability protections. We continue guiding the client every step of the way, including during the final stages when we apply to the bankruptcy court for approval of documentation and closing purchase and sale transactions.

Piloting investors through regulatory complexities

For private equity, hedge and other investment funds raising money and investing in distressed debt and equity, the team brings together the firm’s transaction and litigation lawyers to navigate complex regulatory issues. These include antitrust and competition regulation, employee benefits and ERISA matters, environmental compliance, securities laws and tax issues. We also help arrange distressed debt and equity financing and create alternative investment vehicles.

In-depth knowledge of debt trading

Our lawyers’ in-depth understanding of public and private debt trading helps ensure that clients realize maximum value in distressed investing.

Advice on buying, selling and investing in distressed businesses and assets

The financial restructuring team advises clients seeking to buy, sell or invest in distressed businesses and assets, both in and outside of Chapter 11 cases. We design and execute transactions in the form of asset sales, stock sales and recapitalizations, including execution of various forms of capital raising to consummate the transaction.

Our lawyers advise acquirers of the securities of distressed businesses through:

  • Debt for equity exchanges
  • Waivers, amendments and forbearances
  • Recapitalizations
  • Consensual and non-consensual restructurings
  • Analyzing legal and structural issues and investment considerations 
  • Claims trading in distressed ...Continue Reading

Key Contacts

  • Allan S. Brilliant

    Partner New York
    +1 212 698 3600
  • Solomon J. Noh

    Partner London
    +44 20 7184 7337
  • Adam Plainer

    Partner London
    +44 20 7184 7555

Top Ranked Distressed Mergers and Acquisitions Practice

The M&A Advisor Turnaround Award Winner 2018
The Legal 500
Global Restructuring Review GRR 30 2018
Chambers and Partners
The American Lawyer
LatinFinance
AWARDLOGO

Related Professionals

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Partner

Allan S. Brilliant

New York +1 212 698 3600

VISIT BIO
Partner

G. Eric Brunstad Jr.

VISIT BIO
Dechert Financial Restructuring Lawyer Craig P. Druehl
Partner

Craig P. Druehl

New York +1 212 698 3601

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Partner

Alastair Goldrein

London +44 20 7184 7456

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Partner

Kay V. Morley

London +44 20 7184 7556

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Partner

Solomon J. Noh

London +44 20 7184 7337

VISIT BIO
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