Mr Ryan Manns > Norton Rose Fulbright > Dallas, United States > Lawyer Profile

Norton Rose Fulbright’s municipal restructuring and bankruptcy group has been actively involved in several major municipal restructurings recently, including as the representative of significant stakeholders in connection with the Puerto Rico debt crisis, and regularly represents key parties in and out of court in restructuring proceedings across the US, particularly in the healthcare and senior living sectors. New York-based practice head Eric Daucher has a strong reputation for his work in Puerto Rico and led the practice in its representation of monoline insurer Syncora Guarantee in connection with the debt adjustment proceedings of the Commonwealth of Puerto Rico. He also led the representation of an ad hoc group of bondholders in the $17.5 billion restructuring of the Puerto Rico Sales Tax Financing Corporation. Rebecca Winthrop in Los Angeles is also leading the practice, alongside New York-based public finance specialist Lawrence Bauer, in its ongoing representation of Puerto Rico Electric Power Authority as special debt financing counsel. Winthrop has extensive experience advising indenture trustees and bondholders in relation to high-yield securities. Moreover, in the healthcare sector, Ryan Manns in Dallas is leading a team advising non-profit senior living facility Cardinal Bay in connection with the restructuring of approximately $250 million in municipal bond obligations.

Norton Rose Fulbright leverages the firm’s global footprint to advise major clients in relation to domestic and cross-border restructuring and insolvency matters, including Chapter 11 and Chapter 15 bankruptcies. Jason Boland  in Houston, Ryan Manns in Dallas, and Eric Daucher in New York jointly lead the practice, which has a particularly strong reputation for its work in the energy sector. Boland has experience advising debtors, committees, lenders, indenture trustees, and creditors, and recently led a cross-practice team acting as lead counsel to Brazos Electric Power Cooperative, Inc in connection with its Chapter 11 case. Manns has broad experience both in and out of court, while Daucher represents financial institutions, debtors, DIP lenders, and distressed asset purchases. Howard Seife  is a global co-head of restructuring and has represented domestic and international clients in all key industries.