Norton Rose Fulbright‘s municipal restructuring and bankruptcy group has represented key parties in-court and out-of-court debt adjustment proceedings, alongside representing creditors in Chapter 9 cases including in Detroit and Jefferson County Alabama. New York-based Eric Daucher heads the practice and has represented major stakeholders and parties including ad hoc groups of insured bondholders in large municipal restructurings, including the restructuring of Puerto Rico’s finances. Ryan Manns , located in Dallas, co-head’s the practice and has been involved in different stages of restructurings involving advising on bond holdings, whereas Rebecca Winthrop, in Los Angeles, has represented secured and unsecured creditors, as well as debtors in insolvency proceedings. James Copeland, in New York is noted for his varied practice, including advising foreign representatives in Chapter 15 proceedings.
Key clients
- Syncora Guarantee
- Puerto Rico Public Buildings Authority
- Puerto Rico Electric Power Authority (PREPA)
- Borough of East Rutherford, New Jersey
- Cardinal Bay
- 4k Inc.
- Nomura Corporate Funding Americas
Work highlights
- Advising Syncora Guarantee in connection with the Title III plan of adjustment for the Puerto Rico Highways and Transportation Authority.
- Advising the Borough of East Rutherford, New Jersey as a creditor in connection with a major public/private enterprise in the tristate area.
- Representation of Cardinal Bay, a Texas-based, non-profit organization that provides housing for senior citizens and people with special needs, in connection with the restructuring of approximately US$250 million in municipal bond obligations.
Lawyers
Practice head
The lawyer(s) leading their teams.
Eric Daucher