Vincent Indelicato is a partner in Proskauer’s Corporate Department, and a member of both the Business Solutions, Governance, Restructuring & Bankruptcy and Private Credit Restructuring Groups. His practice focuses on corporate restructurings, with an emphasis on the representation of direct lenders, ad hoc groups, bondholders, and creditors’ committees both out of court and in chapter 11. He is frequently consulted by leading distressed hedge funds, BDCs, private credit lenders, private equity investors and creditors on complex domestic and international insolvency and restructuring issues, including intercreditor and interlender matters, across a variety of industries. Vincent is also part of the Firm’s cross-disciplinary, cross-jurisdictional Coronavirus Response Team helping to shape the guidance and next steps for clients impacted by the pandemic. Vincent has been recognized by the American Bankruptcy Institute for his “formidable courtroom presence with natural dealmaker instincts” as a recipient of the 40 Under 40 Award, and an Outstanding Young Restructuring Lawyer by Turnaround and Workouts.
Over the last several years, Vincent has played a lead role in some of the most significant corporate reorganization cases in the United States. These include his representation of the Statutory Committee of Unsecured Claimholders in the chapter 11 cases of Caesars Entertainment Operating Company Inc., which filed for bankruptcy with more than $18 billion of funded debt; the Los Angeles Dodgers in their $2 billion acquisition by Magic Johnson and Guggenheim Partners; Brookfield Asset Management in the $2.5 billion debt restructuring of Kerzner International’s Atlantis Bahamas Resort; and J.P. Morgan and other substantial creditors in the chapter 11 cases of MF Global, a financial services company with $41 billion in assets. He also serves as counsel to the Statutory Committee of Unsecured Claimholders in the multi-billion dollar chapter 11 cases of Westinghouse Electric Co. LLC, represents an ad hoc group of second lien noteholders in the chapter 11 cases of Avaya Inc., which filed for bankruptcy with more than $6 billion of funded debt, and acts as lead counsel to the Statutory Equity Committee in the chapter 11 cases of Breitburn Energy Partners L.P., an oil and gas master limited partnership with more than $3 billion of funded debt.
More Legal and Business Bylines From Vincent Indelicato
- Conflict Between Delaware LLC Act and Bankruptcy Code Affects Creditor Toolbox - (Posted On Thursday, April 25, 2024)
- Bankruptcy Court Frowns on SmileDirect’s Dismissal Request - (Posted On Wednesday, March 13, 2024)
- Private Credit Trends: Executive Compensation Considerations in Out-of-Court Restructurings - (Posted On Tuesday, February 20, 2024)
- Retailer’s Status as a “Financial Institution” Immunizes $1 Billion Fraudulent Transfer - (Posted On Friday, February 02, 2024)
- Staying Afloat in an Uncertain Economic World: Hope for the Best, Prepare for the Worst Private Credit Restructuring Year in Review - (Posted On Thursday, January 25, 2024)
- Private Credit Restructuring Trends: No AAL, No Problem? - (Posted On Friday, January 05, 2024)
- Private Credit Restructuring Trends: New Delaware Law Aids Secured Creditors in Getting Deals Done Out of Court - (Posted On Wednesday, December 20, 2023)
- Liability Management – Vaccine or Pandemic? Private Credit Restructuring Year in Review - (Posted On Tuesday, January 17, 2023)
- When Shareholders Interrupt The Broadcast: A Stream TV Networks Bulletin - (Posted On Wednesday, July 27, 2022)
- The Other Side of The Coin: Cryptocurrency Assets in Bankruptcy - (Posted On Friday, July 15, 2022)