Press Release April 16, 2020

Alston & Bird Adds Doug Taber as Finance Senior Counsel in New York

Alston & Bird has expanded its corporate debt advisory and restructuring capabilities with the addition of Doug Taber as senior counsel in the firm’s New York office.  

Taber, who most recently was a business reorganization and insolvency partner at Hogan Lovells U.S. LLP, spent 17 years in various roles as in-house counsel at GE Capital, including lead executive counsel for restructuring and banking.

“Doug brings an exceptional background as a lending-side restructuring attorney,” said Shanell Cramer, Alston & Bird partner and co-head of the firm’s Finance Group. “His practice specialty is particularly valuable as lenders face a cascade of distressed leveraged loans, asset-based transactions, and other credit facilities due to the economic fallout from COVID-19.” 

In a career spanning more than 30 years, Taber has assisted a broad range of financially distressed companies, their creditors, and other stakeholders both in and out of court and across a number of industries – ranging from energy, health care, retail, and media, to telecommunications, technology, aircraft finance, and real estate.

While at GE Capital, Taber advised on the largest and most complex bankruptcies and out-of-court restructurings that the company was involved in, including Charter Communications Inc.’s $8 billion bankruptcy and Delphi Corp.’s $22 billion bankruptcy. 

In addition, Taber develops and implements restructuring strategies for first- and second-lien and unitranche lenders and other market participants facing exposure to U.S. and non-U.S. entities in, or at risk of entering, U.S. or non-U.S. insolvency proceedings. 

These restructuring strategies include refinancings and recapitalizations, debt-for-equity restructurings, lender credit bids, bankruptcy 363 sales, UCC foreclosure sales, pre-packaged and pre-negotiated Chapter 11 plans of reorganization, and other consensual and contested Chapter 11 plans of reorganization. 

“With COVID-19 prompting lender worries about mitigating risks and responding to borrowers’ requests for debt relief, there is significant demand for restructuring advisors who are fully fluent in the legal issues at play,” said James Sullivan, partner in charge of Alston & Bird’s New York office. “Having an attorney of Doug’s stature reflects the exceptional talent our clients seek not only on the corporate debt advisory and restructuring side but also in other areas where our office has top-end practices, including structured and warehouse finance, financial restructuring and reorganization, M&A, real estate finance and investment, and commercial and transaction-based litigation.”
Media Contact
Alex Wolfe
Communications Director

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