Distressed Opportunity Bulletin - Issue 10

Distressed Opportunity Bulletin

Ice Miller launched its Distressed Investment Group ("DIG") to identify and facilitate distressed investment opportunities and assist clients through creative and strategic acquisitions and investments in bankruptcies, in-court restructurings, out-of-court restructurings and other insolvency-related transactions.

DIG is comprised of some of Ice Miller's most experienced and entrepreneurial bankruptcy, corporate restructuring, finance, real estate, mergers and acquisitions, corporate and tax attorneys. Its members have significant experience advising clients on loan-to-own strategies, debt and equity sales and restructurings, recapitalizations, note purchase loans, debtor-in-possession and exit financings, claims trading, distressed real estate acquisitions, section 363 sales, rescue capital deployment, and other insolvency-related and special situations transactions in the context of chapter 11 cases and proceedings, defaulted-loan litigation, workouts, foreclosures, deeds in lieu of foreclosure, Article 9 sales, assignments for the benefit of creditors, and receiverships.

DIG’s members regularly advise investment funds, private and institutional investors, lenders, private equity firms, operators and other interested parties in all aspects of strategic distressed investing and related transactions. Its members frequently serve as bond counsel, issuer's counsel, bank counsel, and underwriter's counsel in a variety of taxable and tax-exempt municipal financings involving hospitals, health systems, senior living providers, single- and multi-family housing projects, airports, 501(c)(3) organizations, state and local governmental issuers and municipal power agencies.

DIG’s members also have significant experience representing private and institutional investors, including private equity real estate funds and REITs, developers and operators in the acquisition, redevelopment and operation of distressed real estate across various asset classes.

To learn more about DIG or any opportunities listed in this Bulletin or, if you have any opportunities you’d like us to share in our next Bulletin, please visit our webpage or contact any of our DIG members.

Visit our webpage

Contact a DIG Member

Jay Augustyn
Diane Bell
Jason Berne
Chris Bordoni
John Burke
Amy Cosaro
Phillip Coover
Tyson Crist
Louis DeLucia
Matt Ehinger
Alyson Fiedler
Christina Fugate
Philip Genetos
Jeff Hokanson
Brent Huber
Tyler Kalachnik
Tom Kesoglou
Jason Lundy
Safet Metjahic
Laurie Miller
David Nie
Amir Ovcina
Thomas Pampush
Sam Raboy
Eric Singer
Scott Snively
Taryn Stone
Chase Stuart
Jason Torf
Kevin Woodhouse
J.C. Brown
John Cannizzaro
Michael Ott
Chelsea Abramowitz
Simone Park
John Acquaviva
Marita Clarke
Kim Stapleton

Opportunities in
the distressed market

Please click the chart below to download a full PDF of currently available distressed investment opportunities.

Dig IN The NEWS

How Secured Lenders Can Protect Their Interests When Dealing with Non-Fungible Tokens and Cryptocurrency

As we enter 2022, lenders should take time to familiarize themselves with digital assets—specifically, non-fungible tokens (“NFTs”) and cryptocurrency. As of today, more than 30 public companies hold cryptocurrency on their balance sheets, and big brands such as Visa and Adidas have each purchased NFTs worth more than $100,000. [1] With the value of digital assets increasing, borrowers may seek to pledge NFTs and cryptocurrency as collateral. In this alert, we explore how secured lenders may protect their security interests in this novel form of property. [2]

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