Scott D. Talmadge

关于 Scott D. Talmadge

Scott is a partner on our Restructuring team. He has practiced in the areas of bankruptcy, restructuring, finance, liability management transactions, distressed acquisitions and commercial litigation for more than 25 years. Scott focuses on all aspects of restructurings including, representing parties in distressed acquisitions, creditors’ rights, commercial litigation and secured and unsecured lending transactions, with particular emphasis on restructuring and bankruptcy issues. He has represented syndicate agents, ad hoc lender groups, individual lenders, asset purchasers, and distressed investors, boards of directors and shareholders in complex restructuring transactions, participants in leveraged lease structures, distressed investors, commercial landlords, official creditors’ committees and Chapter 7 trustees

近期项目经验

Scott’s experience includes advising:

• An Ad Hoc Group of RCF and term loan lenders holding $1 billion of debt in Lumen Tech liability management exercise which addressed $20 billion in debt obligations.

• An ad hoc group of term lenders in GenesisCare’s chapter 11 proceeding.

• JPMorgan in connection with WeWork’s chapter 11 proceeding, including the structuring and implementation of a comprehensive post-petition global cash management system.

• Scania CV AB (European truck manufacturer) in the Northvolt Chapter 11 proceeding as DIP Lender and largest customer.

• Barclays, as administrative agent, under a $1 billion first lien revolving credit and term loan facility and under a $330 million second lien term loan facility in a liability management transaction.

• Credit Suisse, as administrative agent, for over $750 million in revolving and term loans extended to Cano Health in a chapter 11 restructuring.

• JPMorgan, as administrative agent for over $2.3 billion in revolving and term loans extended to Acosta Holdings in a chapter 11 restructuring.

• Bank of America, as agent, and a lender steering committee of Babcock & Wilcox, a global power and renewable energy company in a series of restructurings transactions of a $650 million revolving credit facility.

• Credit Suisse, as administrative agent, for $600 million in revolving loans, letters of credit and term loans extended to Carestream Health Holdings, Inc. in a chapter 11 restructuring.

• JPMorgan, as administrative agent, letter of credit issuer and lender under a $930 million revolving and term credit agreement extended to Peabody Energy, a US coal company with global operations in a liability management transaction.

• Expro Holdings UK 3 Limited in connection with restructuring its $1.4 billion of obligations, which resulted in a pre-packaged chapter 11 case lasting only 50 days, including negotiating the DIP financing.

• A leading global subsea operator, as a DIP lender and plan sponsor in the chapter 11 proceeding involving EMAS Chiyoda, a Japanese shipping concern that commenced a Chapter 11 proceeding in Houston, Texas. Our client successfully acquired critical assets through the DIP loans and the chapter 11 plan.

• Ad hoc group of term lenders of Arch Coal, Inc., in successfully opposing a proposed exchange offer and the subsequent restructuring of a $1.9 billion credit facility extended to Arch in a chapter 11 proceeding.

• Ad Hoc term lenders, in Paragon Offshore, Inc. Chapter 11 proceeding involving total term, revolver and noteholder claims of approximately $2.4 billion.

• Merz Pharmaceuticals in connection with the acquisition of Acorda Therapeutics in a chapter 11 section 363 sale.

• Boxed, Inc., in its chapter 11 proceeding in Delaware including in connection with the sale of all assets of Boxed.

• Controlling shareholder of a portfolio company in connection with potential acquisition through a section 363 sale or a plan of reorganization. Subsequently, successfully negotiated resolution against the attempt by unsecured creditors’ committee to prosecute nearly $1 billion in alleged fraudulent transfer and related claims against our client.

• A leading shipping company in connection with the acquisition of a vessel through a chapter 11 section 363 sale process.

• Shareholder in a company in connection with structuring and negotiating a bid for acquiring assets in a chapter 11 363 sale.