Bankruptcy Claim Trading
Our experience in the syndicated loan markets has led to the development of significant expertise ideal to representing clients in the trading of secured and general unsecured administrative and priority claims in bankruptcy. Our services include, among other things, assisting clients with the negotiation of the terms of their trades, drafting and negotiating assignment agreements, filing 3001(e)’s, and advising clients throughout the process as to the impact of bankruptcy laws on the terms of the trade and the terms of the trade documentation. We have assisted with the purchase and sale of such claims in both US and European insolvency proceedings. Examples include claims in the bankruptcy proceedings for Lehman Brothers Inc. (United States), American Airlines (United States), Kaupthing HF (Iceland), and Glitnir Banki HF (Iceland).