WOOLGATE EXCHANGE, 25 BASINGHALL STREET, LONDON, EC2V 5HA, ENGLAND
- Tel:
- Work 020 7360 3600
- Fax:
- Fax 020 7626 7937
- DX:
- 580 LONDON CITY
- Web:
- www.sidley.com
- Email:
Marc Wassermann
- Tel:
- Work +44 20 7360 3684
- Email:
Work Department
Corporate reorganisation and bankruptcy.
Position
Marc is a US qualified partner in the corporate reorganisation and bankruptcy group in London. His practice includes work-outs and restructurings involving various types of securitisations, structured finance transactions and syndicated leveraged finance transactions. He has represented investors (including committees), debtors, arrangers, underwriters and credit enhancers (including monoline insurance companies) in a wide variety of asset-backed and structured finance transactions and restructurings of those transactions. Some recent engagements have included restructuring advice in connection with distressed structured investment vehicles (SIVs), collateralised fund obligations (CFOs), non-conforming residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS) and portfolios of non-performing loans (NPLs). These matters frequently involve the resolution of intercreditor issues and collaboration with the firm’s litigation practice area. Marc has participated in teams at the firm which have had significant roles in each of the following reported cases: Bank of New York v Montana Board of Investments (Orion) [2008] EWHC 1594 (Ch); Perpetual Trustee Company Limited and Belmont Park Investments Pty Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc. (Perpetual) [2009] EWCA civ 1160; and BNY Corporate Trustee Services Limited and Eurosail-UK 2007-3BL Plc (Eurosail) [2011] EWCA civ 227.
Career
Qualified Pennsylvania 1987; Illinois 1989; District of Columbia 1996.
Education
Wharton School of Finance and Commerce, University of Pennsylvania (1984 BSEcon); Harvard Law School (1987 JD).
