Daniel I. Brenner

Daniel represents a diverse array of clients, including indenture trustees, administrative and collateral agents, lenders, distressed debt investors, independent directors, trade creditors, and other parties-in-interest in connection with complex Chapter 11 reorganizations, out-of-court restructurings, and other distressed situations.

Bankruptcy & Restructuring  

Daniel routinely represents indenture trustees and agents in post-default situations and other sophisticated parties in complex reorganizations. Notable representations include:

• Indenture trustee and administrative and collateral agent in At Home Group Inc. (Bankr. D. Del.)
• Indenture trustee in ProSomnus, Inc. (Bankr. D. Del.)
• Indenture trustee in Akumin Inc. (Bankr. S.D. Tex.)
• Indenture trustee in SVB Financial Group (Bankr. S.D.N.Y.)
• Indenture trustee in Americanas, S.A. (Bankr. S.D.N.Y.)
• Ad hoc group of dollar lenders in Genesis Global Holdco, LLC (Bankr. S.D.N.Y.)
• Litigation Administrator and Litigation Oversight Committee in Celsius Network LLC (Bankr. S.D.N.Y.)

Distressed Debt & Claims Trading

Daniel also routinely advises credit funds on all aspects of distressed debt and claims trading transactions and has ample experience working on bilateral and syndicated deals. Notable representations include:

• Represented hedge fund in connection with the purchase and sale of 200+ FTX bankruptcy claims with total notional value exceeding $1.7 billion, including bilateral transfers, complex multi-party claims auctions, club syndication deals, and joint-venture claim participations.
• Represented hedge fund in connection with a bank debt transaction and advised on voting rights issues, including the fund’s ability to control the vote in the event of a liability management exercise.
• Represented hedge fund in connection with the purchase of a $870 million pension fund claim.