Bank Debt Trading

We regularly advise buy-side and sell-side clients at each stage of a debt or claims transaction. In addition to highlighting the trade risks associated with any given trade and formulating the optimal settlement or structuring options, we represent clients in the negotiation of trade confirmations, purchase and sale agreements, participation agreements, proceeds letters, and “big boy” letters. With attorneys based in New York and London, we provide prompt and efficient responses to issues arising in any time-zone, while working cohesively to achieve a timely settlement of trades.

The attorneys in the Distressed Debt & Claims Trading Group are active members of the Loan Syndications and Trading Association (LSTA), Loan Market Association (LMA) and Asia Pacific Loan Market Association (APLMA) and have long-standing familiarity with the protocols and recommended documentation advocated by each association. Our attorneys have a comprehensive understanding of the U.S., European, Asian-Pacific, and emerging secondary loan markets and how to facilitate transfers of loans worldwide. With extensive expertise in analyzing all forms of credit documents, we are able to quickly and thoroughly locate and identify commercial and legal complexities that exist on a trade-by-trade basis.