- Represented the senior secured term loan agent and lender under a $100 million credit facility in the exercise of remedies against a full-line distributor of painting and flooring installation sundries.
- Represented the senior secured lender and equity owner of a fabrication company in the wind-down of its operations.
- Represented the special committee of the board of directors of Kidde-Fenwal, Inc. in connection with its Chapter 11 case and internal investigation of claims related to the company’s manufacture and distribution of fire suppression chemicals.
- Represented debtholders of a provider of equipment, supplies and design services to the foodservice industry in connection with uptiering litigation brought against the company.
- Represented a business finance firm, acting as the administrative and collateral agent for a lender syndicate under a $350 million credit facility in corporate restructuring of a large commencement services company.
- Represented bondholders of Puerto Rico’s Employee Retirement System in negotiations related to its debt adjustment plan under the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA).
- Represented the collateral monitor for a trust established for the benefit of former bondholders of the Government Development Bank of Puerto Rico (GDB) in connection with the trust’s liquidation of assets with a face value in excess of $6 billion pursuant to the GDB’s Title VI PROMESA case.
- Represented senior secured lenders and their agent under a $270 million+ loan to a manufacturer of home and personal care products, in a multi-step, out-of-court restructuring.
- Represented digital asset firms in a number of major crypto-related acquisitions and bids for crypto mining sites and related assets in several recent crypto bankruptcy cases.
- Represented a Canadian bank, as the agent and mortgage lender, in the out-of-court restructuring of a large shopping mall in northern New Jersey.
Peter J. Amend
Partner,
- Phone: +1 212 905 9166
- Email: peter.amend@alston.com
Clients rely on Peter to navigate complex restructuring and distressed situations with strategic insight and a practical, results-driven approach.
- Represented a Dutch financial services company in the public foreclosure sale of its collateral, which consisted of a trust owning life insurance policies with a net death benefit exceeding $400 million.
- Represented a professional sports franchise, as an equity owner, in the Chapter 11 bankruptcy of Houston Regional Sports Network LP, a regional sports television network in the Houston market.
- Represented a Brazilian development bank in the Chapter 11 cases of AMR Corporation (the former corporate parent of American Airlines), which included the restructuring of more than $2 billion of aircraft mortgage loans and the subsequent sale of over $600 million in unsecured claims through a multi-round auction.
- Represented administrative agents in the Chapter 11 cases of ITR Concession Company LLC, Genco Shipping & Trading Ltd. and Colt Holding Company LLC.
- Represented a major financial institution as the largest creditor in the Chapter 11 case of GT Advanced Technologies Inc. and in related litigation stemming from its purchase of bankruptcy claims against the debtor.
- Represented a multinational conglomerate and its co-owner in various bankruptcy-related matters, including adversary proceedings that were dismissed at the pleading stage.
- Represented a drone manufacturer, as debtor, in its Chapter 11 bankruptcy.
- Represented an operator of semi-submersible oil platforms and underwater drillships in its Chapter 15 cross-border restructuring.
- Represented an energy company as the purchaser of Cobalt International Energy’s operating interests in a deepwater oil discovery in the Gulf of Mexico through a bankruptcy sale process.
Peter Amend is a seasoned restructuring attorney with extensive experience advising clients across the spectrum of distressed and insolvency-related matters. His practice spans representing asset purchasers, distressed investors, lenders, debtors, creditors, and equity holders in complex in-court and out-of-court financial restructurings.
Peter has played a pivotal role in numerous high-profile cases, including multibillion-dollar restructurings, Chapter 11 proceedings, and out-of-court workouts. His work has more involved advising private credit lenders, special committees, municipal lenders, and representing stakeholders in liability management transactions and other contested matters. He has also been active in evolving crypto space, guiding clients through acquisitions and creditor negotiations in major crypto bankruptcy cases.
Bar Admissions
- New York
Education
- Brooklyn Law School (J.D., 2010)
- Iona College (B.B.A., 2007)
Memberships
- American Bankruptcy Institute
- Turnaround Management Association
Court Admissions
- Southern District of New York
- Eastern District of New York
- Eastern District of Michigan
- First Circuit