Mr. Wise advises agent banks in complex leveraged financings, including
cross-border and multicurrency transactions, real estate financings, asset-based
financings, leveraged acquisition financings and bank and bond/bridge and other
financings, and represents lender and bondholder groups, financial institutions,
hedge funds, private equity funds and corporate debtors in complex restructuring
and reorganization transactions. He has extensive experience in complex special
situations transactions, involving financial institutions, debtors and corporate
issuers in second lien and subordinated financings, mezzanine structures,
debtor-in-possession financings, Chapter 11 exit financings, rights offerings,
recapitalizations, restructurings, work-outs, Chapter 11 cases, pre-packaged
Chapter 11 cases and distressed debt purchases and sales.
Mr. Wise has experience in finance and restructuring transactions across
industries, including healthcare, hospitality, real estate, telecommunications,
steel, automotive, chemical, energy, transportation, telecommunications,
financial institutions, and paper and forest products sectors. Mr. Wise is an
expert in intercreditor relationships and complex debt structuring issues, and
is frequently asked to advise in financial transactions involving complex
intercreditor and debt structuring issues.
Mr. Wise is the author of “Obtaining Adequate Protection: An Analysis
Pertaining to Real Estate Projects,” published in the April 2013 (Vol. 22, No.
2) issue of the Norton Journal of Bankruptcy Law and Practice,
“Restructuring Issues Concerning Real Estate Projects,” published in the March
10, 2011 issue of BNA’s Bankruptcy Law Reporter,
“Reorganization Securities And Second-Lien Structures,” published by
Law360 at www.law360.com on November 9, 2010; “X
Clauses: Meaning and Mutations,” published on November 8, 2010 by Bloomberg
Law Reports—Bankruptcy Law, “Tanking Bond Prices Spell Opportunity for
Issuers,” The National Law Journal, Bankruptcy Law Section, February 16,
2009; “Second Lien Loans: A Market Matures;” The Metropolitan Corporate
Counsel, April 2007; “Covenants: A Brief Guide to Survival;” The Banking
Law Journal, June 2007; and “Crises in Auto Industry Raises Finance
Issues;” The National Law Journal, Bankruptcy Law Section, July 11,
2005. Mr. Wise is also the author of “Is Detroit Dead?,” City Journal,
August 9, 2013.
Mr. Wise is a member of the bar of New York and is admitted to practice in
the federal courts in the Southern District of New York.
Prior to joining Gibson Dunn, Mr. Wise practiced with Kramer Levin Naftalis
& Frankel LLP and Weil, Gotshal & Manges LLP.
Representative transactions include:
- LightSquared Inc: Representing Harbinger Capital Partners in connection
with the Chapter 11 restructuring of LightSquared.
- The Scooter Store: Representing Garrison Investment Group in connection
with its position as a holder of the senior secured debt of The Scooter Store
and its Chapter 11 proceedings.
- Newland International Properties Corp.: Representing a Panamanian developer
of the Trump Ocean Club in Panama City, Panama in connection with its
pre-packaged Chapter 11 case restructuring $220 million of secured notes.
- Church Street Health Management: Representing Garrison Investment Group in
connection with its position as a lender to Church Street Health Management in
its Chapter 11 case in the Middle District of Tennessee, and in connection with
the acquisition of substantially all of the assets.
- Solyndra LLC: Representing the post-petition lenders and plan sponsors in
connection with the high-profile restructuring of solar panel manufacturer
- GenTek: Representing Goldman Sachs in connection with its $355 million loan
to GenTek Holding.
- Travelport Limited: Representing holdco lenders to Travelport in connection
with the restructuring of $715 million of indebtedness of Travelport.
- Trident Resources: Representing Credit Suisse as lead arranger of $410
million exit credit facility for Trident Resources, a U.S./Canadian natural gas
- TBS International plc: Representing TBS International, an ocean
transportation service provider serving over 300 industrial shippers in more
than 20 countries, in connection with its incurrence of debtor-in-possession
- Pegasus Solutions, Inc.: Representing the holders of senior notes of
Pegasus Solutions in connection with a debt for debt and equity exchange in an
- ST Paper: Representing Goldman Sachs in connection with the restructuring
of $70 million of credit facilities to ST Paper, a Wisconsin-based paper
- Real Mex Restaurants: Representing Farallon Capital Management in
connection with the issuance and restructuring of $250 million of second lien
debt and notes by Real Mex Restaurants.
- Education Media Publishing Group: Representing Credit Suisse
in connection with the restructuring of $1,300 billion debt of Education Media
- General Growth Properties: Representing a consortium of financial
institutions in connection with providing $400 million of debtor-in-possession
financing to General Growth Properties.
- Cadence Innovation: Representing Cadence Innovation in its $125 million
revolving and term facility.
- Performance Transportation Systems: Representing Credit Suisse in
connection with the restructuring of autohauler, Performance Transportation
- Cerberus Capital: Representing Bear Stearns Corporate Lending as lead
arranger for $500 million credit facility to Cerberus Capital Management.
- Ainsworth Lumber: Representing creditors in connection with the
cross-border restructuring of Ainsworth Lumber, a U.S./Canadian forest product
- 280 Park Avenue: Representing Credit Suisse in connection with $1
billion of the CMBS financing of 280 Park Avenue.
- C-BASS: Representing Farallon Capital Management in connection with debt
holdings in Credit-Based Asset Servicing and Securitization LLC.
- Severstal North America, Inc.: Representing Citicorp USA, Inc. in
connection with its $275 million credit facilities to Severstal North America.