Public Finance

Bondholder & Trustee Representation / Distressed Debt

Each distressed debt workout has its own complex mix of credit, legal, strategic, and tax implications for bondholders and trustees. You need lawyers who understand your concerns as well as the tax-exempt market rules in order to represent your interests effectively and efficiently.

We will work with you to develop an appropriate capital recovery strategy, and then vigorously implement it. Our multidisciplinary team of seasoned bond, restructuring, tax, and securities law attorneys is nationally known for their work representing bondholders and trustees in troubled credits and financing structures.

Our clients include bondholders, trustees, and credit enhancers. Our bondholder clients are among the largest institutional investors in tax-exempt and taxable securities, including mutual funds, insurance companies, asset managers and private equity funds, and both traditional and crossover buyers. We also represent trade organizations and other market participants.

Quick Facts


  • 20+ attorneys
  • Multidisciplinary team, including senior attorneys experienced in public finance, bankruptcy, restructuring, creditor’s rights, real estate, and litigation
  • National practice
  • Experience working with bankruptcy judges, attorneys, and consultants around the country
  • Industry experience:
    • Airlines
    • CCRCs
    • Charter schools
    • Energy
    • Entertainment
    • Gaming
    • Hospitality
    • Hospitals
    • Housing
    • Land-secured financing
    • Manufacturers
    • Municipalities
    • Nursing homes
    • Ports
    • Project finance

Areas of Focus

  • Bond exchanges
  • Bondholders’ or trustees’ counsel for troubled credits
  • Complex financing structures and instruments, such as securitizations and derivatives
  • Forbearance
  • Liquidation and foreclosure, both in and out of bankruptcy
  • Preserving tax exemption of tax-exempt bonds
  • Receivership
  • Restructuring, both in and out of bankruptcy

Sort by: Name  Title  Office

Nicholas Bentley

Nicholas Bentley

Associate

617.348.4422

617.348.4498

617.348.1663

617.348.1705

Joseph R. Dunn

Joseph R. Dunn

Associate

858.314.1516

617.348.1635

617.348.1657

617.348.1665

Lindsay F. Leone

Lindsay F. Leone

Associate

617.348.1728

617.348.1696

617.348.1836

Poonam Patidar

Poonam Patidar

Associate

617.348.3038

617.348.1896

Ella Shenhav

Ella Shenhav

Associate

617.348.1839

617.348.1739

212.692.6283

617.348.1622

617.348.1758

Representative Experience

  • Represented bond trustees and bondholders in numerous hospital bankruptcies and workouts throughout the country as well as numerous sales of hospitals throughout the United States.
  • Represented numerous bond trustees and bondholders in workouts and bankruptcies of numerous Continuing Care Retirement Communities, including the sale and/or restructure of facilities in Pennsylvania, Illinois, and Massachusetts.
  • Represented numerous bond trustees as bondholders in Chapter 9 bankruptcies and municipal workouts.

Who We Serve

  • Bondholders
  • Bond trustees
  • Credit enhancers
  • Institutional investors in tax-exempt and taxable securities
  • Mutual funds
  • Insurance companies
  • Asset managers
  • Private equity funds
  • Trade organizations