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Norton Rose Fulbright US LLP

Eric Daucher

Tel:
Work +1 212 408 5405
Email:
Norton Rose Fulbright

Work Department

Financial Restructuring and Insolvency

Career

https://www.nortonrosefulbright.com/en-us/people/16735


United States: Finance

Restructuring (including bankruptcy): corporate

Within: Restructuring (including bankruptcy): corporate

The ‘responsive, knowledgeable and easy-to-work withNorton Rose Fulbright US LLP has ‘an excellent reputation in the market’ and gives ‘very clear, concise advice with a global perspective’. Experienced in Chapter 11 cases for creditor committees as well as on the debtor side, the firm specializes in complex, cross-border work, particularly for energy, shipping and banking sector clients. The ‘world class leaderHoward Seife is ‘very knowledgeable about both US and international restructuring and bankruptcy issues’. He chairs the practice from New York, alongside fellow chair Louis Strubeck, who splits his time between Dallas and New York. Their team includes recommended practitioner Andrew Rosenblatt in New York, who is ‘a pleasure to work with’, as well as the recently promoted partners Eric Daucher, also in New York, and Dallas-based Ryan Manns. The firm represents a bank, as indenture trustee, in the judicial restructuring of notes totaling over $5bn, related to a company that filed for bankruptcy in 2016. In another highlight, the department is acting for an client in a Chapter 11 relating to one of the world's largest suppliers of fuel to the shipping industry. The client is providing $532m in DIP financing and serving as stalking horse purchaser.

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Restructuring (including bankruptcy): municipal

Within: Next Generation Partners

Eric Daucher - Norton Rose Fulbright US LLP

Within: Restructuring (including bankruptcy): municipal

The New York-based team of Norton Rose Fulbright US LLP represents creditors in major municipal restructurings, in and out of court and is particularly ‘strong in workouts for monoline insurers’. The team is representing a group of insured bondholders, who are part of the COFINA bondholder coalition, which collectively represents the largest group of organized holders of bonds issued. The firm acted for a bond insurer with $300m in general obligation bonds issued by Hartford, the capital city of Connecticut, when the city was in severe financial distress. The team also assisted the insurer of approximately $2bn of warrants, in the Jefferson County, Alabama Chapter 9 case, obtaining a favorable ruling for the client. A key figure in the team is recently promoted partner Eric Daucher, who is noted for his ‘extensive experience’.

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