McDermott Will & Schulte's high yield team is led by Priya Taneja, who represents issuers, security agents, bond agents, and noteholders on high-yield transactions. Cross-border recapitalisations, refinancings, and exchange offers are key areas of focus for Chin Wai Amber Chak.
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Accolades

Client satisfaction: Billing & efficiency

Testimonials

Collated independently by Legal 500 research team.

  • Priya Taneja is always ready to assist and jump into a complex situation. She acts for trustees, security agents, escrow agents, and facility agents in connection with new money high-yield deals, restructurings, and liability management exercises. She is solutions-oriented and has a lot of substantive knowledge on how to navigate new legal structures.
  • Incredibly knowledgeable in their field and very responsive during time-sensitive issues.
  • The McDermott Will & Emery capital markets and trustee practice stands out for its exceptional combination of technical depth, commercial awareness, and seamless execution across complex, multi-jurisdictional transactions. The team brings a rare and highly valued dual capability: deep expertise in New York law capital markets documentation alongside a genuinely practical understanding of trustee, security agent, and fiduciary considerations across issuances, restructurings, and liability management transactions. The team is also extremely personable and a true pleasure to work alongside. MWE combines first-rate legal drafting and analysis with an acute appreciation of transaction mechanics, settlement processes, and the realities of execution under time pressure. This makes them particularly effective on live deals where precision, pace, and coordination with multiple stakeholders (issuers, trustees, agents, clearing systems, and other counsel) are critical. The practice compares extremely favorably with peer firms in terms of responsiveness, clarity of advice, and commercial judgment. Their output is technically robust without being over-lawyered, solutions-oriented rather than theoretical, and always focused on getting transactions over the line smoothly. The team is also notably strong in restructurings and more sensitive or bespoke situations, where judgment, pragmatism, and experience matter as much as black-letter law. From an innovation perspective, the team excels in its collaborative working style and use of technology to drive efficiency, including clear document management, rapid turnaround of drafts, and transparent communication across large distribution lists. Just as importantly, there is a strong culture of collaboration across seniority levels — associates are well-empowered, responsive, and fully across the detail of transactions, which gives clients confidence in continuity and depth of coverage.
  • Priya Taneja - a stand-out partner dedicated to her clients. Priya goes above and beyond and provides practical, usable, and clear advice and comments. Our organization values commerciality highly in our document review, and Priya understands and acts on this mandate very well. Priya values integrity, and this shines in her relationship with us - her honest approach is refreshing and is a skill that cannot be taught. She provides value-for-money work and is always open about billing and fees. Since taking over the practice as lead partner, I have seen a big difference in this team.
  • Priya Taneja is a star in the high yield space - her team has the expertise, professionalism, and commerciality to ensure that their clients receive the best possible advice at a reasonable rate. Priya is an agile, helpful, and intuitive Partner with her clients' best interests at the forefront of her practice. I could not recommend her and her team highly enough.

Key clients

  • Citibank
  • WSFS Bank
  • Deutsche Bank
  • GLAS
  • HSBC
  • Kroll Trustee Services Limited
  • Law Debenture
  • The Bank of New York Mellon
  • U.S. Bank Trustees Limited
  • Wilmington Trust

Work highlights

Representing the trustee and security agent on the €24 billion recapitalisation and restructuring of Altice France, advising on intercreditor arrangements, security and enforcement across the group’s financing structure.
Advised Kroll and GLAS across all their respective bond, bank and restructuring side roles on Intrum AB’s €4.48 billion debt recapitalisation, which involved a comprehensive restructuring of its capital structure, including an internal reorganisation, a 10% write-down of approximately €3.4 billion of unsecured notes with equity compensation, and the exchange of the remaining notes into new senior secured notes with staggered maturities between 2027 and 2030.
Represented GLAS as agent and security agent in a major cross-border restructuring and consent solicitation of Oriflame Holding Limited and its financing subsidiary, amending €550 million Senior Secured Notes and €250 million Senior Secured Floating Rate Notes.
Practice head

Priya Taneja

Other key lawyers

Chin Wai Amber Chak