Distressed Transactions
Distressed situations present unique risks and opportunities. Haynes Boone’s Distressed Transactions Practice Group provides clients facing stressed and distressed corporate situations with practical legal and business solutions to successfully manage risks and maximize opportunities.
Our cross-disciplinary team has extensive experience navigating the full life cycle of distressed situations. Leveraging the experience of lawyers across our Restructuring, Finance, Capital Markets, M&A, Investment Management, Energy, Real Estate, International, Litigation and Tax Groups, we take a coordinated and comprehensive approach to structuring innovative and value-maximizing transactions on behalf of our clients.
Our clients include lenders, agents and servicers, distressed companies and their boards, management and owners, strategic and financial buyers and sellers, and investors in distressed transactions.
The group advises clients on the full spectrum of domestic and international distressed transactions, including:
- Business restructurings, reorganizations and recapitalizations
- Loan workouts
- Liability management transactions
- Deleveraging exchange transactions
- Distressed lending, including bridge, rescue, acquisition, DIP, exit and other complex financings
- Distressed M&A and A&D, including in and out-of-court asset and equity sales and acquisitions
- Debt, equity and claims trading
- Structured debt, equity and convertible investments and offerings, including advising on asset-backed and structured finance in stressed and distressed situations
- Key creditor constituency representations
- Distressed transactions litigation
- Swaps and derivatives strategies, including extension strategies, default rights, payment withholdings, novations, unwinds and set-off rights
