Distressed Debt Practice
The Distressed Debt Practice Group has extensive experience with the purchase and sale of domestic and foreign distressed bank loans and other financial claims on behalf of hedge funds, trading desks and special purpose vehicles. We help our clients achieve success in the U.S., European, Latin American and Asian Pacific markets by negotiating and documenting confidentiality agreements, big boy letters, trade confirmations, purchase and sale agreements, participation agreements, sub-participation agreements, netting and proceeds letters.
Our experience in distressed debt transactions is complemented by other groups in the firm, including the Insolvency and Creditors’ Rights/Bankruptcy Transactions, the Commercial Lending and the Tax Practice Groups.
Loan Syndications & Trading Association
Carter Ledyard & Milburn LLP is a member of the Loan Syndications & Trading Association (LSTA). Through the LSTA and its Trade Practices and Forms Committee, our attorneys are actively involved in establishing market practice and developing standards.