Chapman helps clients invest in distressed assets and acquire companies both in and out of bankruptcy proceedings or through the purchase of loans

Since the inception of the distressed asset secondary market, Chapman attorneys have advised buyers, sellers, and broker-dealers in the purchase and sale of distressed claims and loans. Our representation includes:

Debt and Claims Trading
Chapman’s debt‑trading team possesses extensive experience in representing investors in the purchase and sale of par and distressed loans, portfolios of loans, and other financial instruments, including various forms of claims. We also advise on strategic acquisitions of such loans and claims in connection with attempting to execute a specific outcome in a bankruptcy proceeding. In addition, we provide real-time analyses to investors interested in making arbitrage investments in distressed situations.

Acquisitions through Bankruptcy 363 Sales/Credit Bidding
We advise clients in connection with the purchase of companies through acquisitions of assets of distressed businesses in bankruptcy proceedings through section 363 sales or plans of reorganization, and assist clients in making “stalking horse” or competing bids for all or a portion of the assets of such companies.  

Acquisitions through UCC Article 9 Sales
We represent clients seeking to acquire portfolio companies by acquiring a controlling position in the fulcrum security to exercise secured creditor remedies under the Uniform Commercial Code.

DIP and Exit Financing
Chapman represents investors looking to make rescue, debtor-in-possession (“DIP”), and exit loans to troubled companies. We also represent lenders with existing prepetition relationships or third-party lenders interested in making DIP loans available to assist the funding of a chapter 11 reorganization.

Representative Transactions

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