Eric Wise is a partner in the New York office of Gibson, Dunn & Crutcher. He is a member of Gibson Dunn’s Global Finance and Business Restructuring, and Reorganization Practice Groups.
Mr. Wise is a leading expert on special situations financing and restructuring. Mr. Wise advises creditors and debtors in complex financing and restructuring transactions, including agent banks in complex leveraged financings, cross-border and multi-currency transactions, real estate financings, asset-based financings, and bank and bond/bridge financings and creditors and debtors in out-of-court and in-court restructurings. Mr. Wise has advised lender and bondholder groups, commercial banks, hedge funds, private equity funds, corporate debtors, and individual debtors. Mr. Wise is expert in debt covenant analysis and junior capital structures, including second lien and subordinated financings and mezzanine structures. Mr. Wise has extensive experience in Chapter 11 cases, and has been involved in numerous work-outs, rights offerings, recapitalizations, restructurings, and post-petition and exit financings, and distressed debt purchases and sales.
Mr. Wise’s experience extends across a wide range of industries, such as telecommunications, healthcare, hospitality, real estate, steel, automotive, chemical, energy, transportation, telecommunications, financial institutions, and paper and forest products sectors. Mr. Wise is frequently asked to advise on intercreditor relationships and complex debt structuring issues.
Mr. Wise is the author of “‘All Assets’ First-Lien/Second-Lien Intercreditor Agreements,” published in the March 7, 2018 issue of Bloomberg Law; “The Melting Ice Cube: Diminution in Value Collateral Problems in Multi-Lien Capital Structures,” published in the November 2017 (Vol. 26, No. 6) issue of the Norton Journal of Bankruptcy Law and Practice; “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, and contributes from time to time to general interest publications.
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.
University of Michigan - 1995 Juris Doctor
Claremont Graduate University - 1993 Master of Arts
Claremont McKenna College - 1991 Bachelor of Arts
New York Bar