Distressed Debt Trading

Neiger LLP represents parties in a variety of secondary loan trading and distressed debt transactions.  The firm has considerable experience in documenting transactions involving syndicated loans, bilateral loans and bankruptcy claims using LSTA and LMA documents as well as agreements specifically-tailored to individual credits.

Attorneys at Neiger LLP assist clients, such as major investment banks, commercial banks and hedge funds, at every step of the transaction – reviewing credit documents, structuring the trade, negotiating purchase agreements and closing.  The firm also advises clients on legal issues related to secondary loan trading and distressed debt transactions using its expertise in related areas such as bankruptcy and corporate law.  These issues include effects of a bankruptcy filing, minimizing counterparty risk and preserving rights in a future restructuring.

Headed by Karl Schaffer, the distressed debt practice group’s chairperson, Neiger LLP’s team of experienced professionals is prepared to assist clients in secondary loan trading and distressed debt transactions with the high level of skill and dispatch required by today’s debt trading market.