Debtor-in-Possession Orders and Loan Agreements: Loan Structures and Common Terms, Events of Default and Remedies

Known best for her work on behalf of secured lenders, Ms. Alfonso has represented agents, bank groups, ad hoc groups, bilateral credit providers, hedge counterparties, and other creditors as parties to financial restructurings, insolvency proceedings, enforcement actions, and litigation. She regularly helps clients formulate risk management strategies throughout the life cycle of their most complex financial transactions, often from the initial drafting stage. Ms. Alfonso has experience across a wide range of industries and has worked extensively on distressed situations arising in the areas of oil and gas, power, renewable energy, commodities trading, insurance, and reinsurance. She serves on the Board of Directors of the New York City Bar Association and is former Chair of the Bankruptcy & Corporate Reorganization Committee of the New York City Bar Association.

Mr. Friedman is one of the nation’s leading bankruptcy and restructuring litigators, successfully representing troubled borrowers and their stakeholders, including lenders, bondholders, investors, and officers and directors, in bankruptcy courts, district courts and courts of appeals and the U.S. Supreme Court in the most high-profile and complicated matters on record. His years-long work on behalf of the Government of Puerto Rico in its bankruptcy cases resulted in Mr. Friedman being named a Litigation Trailblazer of the Year by The National Law Journal and being featured in The American Lawyer’s Litigation Department of the Year profile of O’Melveny. He is Chair of the firm’s Bankruptcy Litigation Group and is a Fellow of the American College of Bankruptcy.

Ms. Taylor has deep experience negotiating debt financing transactions of all varieties, including financings for leveraged buyouts, asset based facilities, secured and unsecured working capital facilities, venture debt loans, and other structured financings, including mezzanine loans, high yield, and DIP financing for debtors in bankruptcy. In the restructuring realm, she represents clients in connection with workout transactions and Chapter 11 reorganizations. She also regularly represents investors in connection with distressed acquisitions of businesses and debt and with matters related to liability management transactions. Ms. Taylor is Chair of the firm’s Corporate Finance Practice and a member of the Restructuring Practice, Special Situations and Liability Management Group, and Crypto & Blockchain and Emerging Technologies industry groups.