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

Boston 617.348.4498
Boston 617.348.1663
Boston 617.348.1705
Joseph R. Dunn

Joseph R. Dunn

Associate

San Diego 858.314.1516
Boston 617.348.1635
Boston 617.348.1657
Boston 617.348.1665
Lindsay F. Leone

Lindsay F. Leone

Associate

Boston 617.348.1728
Boston 617.348.1696
Boston 617.348.1836
Poonam Patidar

Poonam Patidar

Associate

Boston 617.348.3038
Boston 617.348.1752
New York 212.692.6292
Boston 617.348.1896
Boston 617.348.1739
Boston 617.348.1622
Boston 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.

Clients 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