SRZ’s Distressed Debt & Claims Trading Group has extensive experience advising broker-dealers, hedge funds, investment banks, CLOs and private equity funds on a wide range of U.S., European, Asia-Pacific and emerging markets debt and claims trading matters. When not managed properly, trade and transfer risk issues can push a potentially winning investment into losing territory. Our attorneys understand our clients’ goals and have the transaction skills and commercial sense required to facilitate execution and settlement of trades. The group advises clients in structuring, preparing and negotiating deal-specific transaction documentation including: trade confirmations, debt and post-reorganization equity purchase and sale agreements, claim assignment agreements, participation agreements, proceeds letters, confidentiality agreements, “big boy” letters, and bid procedure documentation.
The Distressed Debt & Claims Trading Group’s attorneys often play a central role in transactions having a trading component, while working closely with lawyers from the firm’s other practice groups, including the Distressed Investment, Business Transactions, Finance, Investment Management, Business Reorganization, Structured Products & Derivatives, Litigation, Regulatory & Compliance and Tax Groups.