Chadbourne’s multidisciplinary corporate trust practice advises corporate trust companies in fulfilling their responsibilities in a wide variety of capital markets and other finance transactions. We represent clients in their roles as indenture trustee, collateral agent, depositary bank, paying agent and administrative agent on both domestic and cross-border transactions under United States law and as note trustee, security trustee and facility agent under English law.
Chadbourne has significant experience advising indenture trustees in post-default administration, including waivers, enforcement and corporate restructurings, issues related to priorities of payments, and swap termination and valuation. We represent indenture trustees in Chapter 11 cases including in connection with service on unsecured creditors’ committees. Many of these matters require navigating the interplay between foreign bankruptcy regimes and US law governed indentures and we are able to draw upon the firm’s strong bankruptcy group and particular expertise in ancillary proceedings brought under Chapter 15 of the Bankruptcy Code. We also have significant experience representing the agency business of various financial institutions, and collaborate extensively with our project finance, corporate and tax groups to structure transactions that can be efficiently administered by our clients.
Chadbourne Represents Trustee in Restructuring of Notes Issued to Finance Construction of Trump Ocean Club in Panama
Chadbourne represented Delaware Trust Company, as trustee, in connection with the issuance of US$220 million 9.50% Senior Secured Notes due 2017 issued by Newland International Properties Corp. The notes were issued under a pre-packaged Chapter 11 plan in exchange for notes issued to finance the construction of the Trump Ocean Club in Panama.
Chadbourne Represents Bank of New York as Trustee in Brazilian Restructuring
Chadbourne represented The Bank of New York Mellon in connection with a Brazilian in-court restructuring of Rede Energia S.A. and related Chapter 15 proceeding.
Chadbourne Represents HSBC Bank USA as Trustee for Indonesian Shipping Company Restructuring
Chadbourne represented HSBC Bank USA National Association as trustee in connection with an Indonesian in-court restructuring of P.T. Arpeni and a related Chapter 15 proceeding, bond issuance and exchange offer.
Chadbourne Represents Delaware Trust Company in Savient Pharmaceuticals Chapter 11
Chadbourne represented Delaware Trust Company, as indenture trustee, in connection with the Chapter 11 case of Savient Pharmaceuticals.
Marian Baldwin Fuerst focuses on financing transactions. Marian represents financial institutions, bank syndicates, corporate trustees and various domestic and foreign companies in connection with corporate finance transactions, including structured financings, leasing transactions, receivables...