Claims Trading and Investment Advice

We are highly responsive and commercial in our approach to advising clients on the purchase and sale of securities and on claims in distressed circumstances. Our experience in this market is unsurpassed. We have been there since the beginning, working with the Loan Syndications and Trading Association and other market participants to bring much-needed standardization to the process of buying and selling bank and trade claims. And we continue to lead the market in innovation today.

Our most notable recent transactions have involved investments in Bright Bidco, Envision Healthcare, Pennsylvania Real Estate Investment Trust, Revlon, White Energy, Washington Prime Group, Travelport Finance (Luxembourg), Sandy Creek Energy, Southcross Energy, Bernard L. Madoff Investment Securities, Bausch Health, Mallinckrodt Pharmaceuticals and Carnival Corporation.

Our team assesses complex capital structures and works with our clients to develop value-maximizing strategies through debt or equity investments. We analyze indentures, credit agreements and intercreditor agreements to determine our clients’ rights and to best position them to make or exit investments.