Erik Schneider practices in the areas of bankruptcy, corporate restructuring, distressed investment and creditors’ rights. He represents secured and unsecured creditors, debtor-in-possession lenders, acquirers, plan sponsors and others in complex Chapter 11 cases and out-of-court restructurings. He also advises investment funds in bank debt and bankruptcy claims trading matters, including the drafting and negotiation of secondary trading documentation under the LSTA and LMA trading regimes. Erik routinely represents various parties in structuring and addressing bankruptcy aspects of derivative contracts, including swap agreements, repurchase agreements and securities contracts, and advises parties in securitization and CMBS transactions, including advice in connection with bankruptcy-remote structures, true sale and non-consolidation issues. Erik earned his J.D. at Boston College Law School, where he was senior editor of the Uniform Commercial Code Reporter-Digest, and his B.A. at the University of Chicago.
What is a bankruptcy venue? A debtor should be considerate when selecting a venue to file for bankruptcy and know which eligible venues are best to file in.
Investing in bankruptcy claims can be very profitable or can result in a significant, or even total, loss. Bankruptcy claims are a creditor’s right to payment from a debtor. A bankruptcy claim can be secured by the debtor’s property or can be unsecured. Claims are classified in chapter 11 plans of reorganization according to their […]