< Directory Andrew M. Martin

Andrew M. Martin focuses in investment transactions, concentrating his practice on debt and claims trading. He represents investment banks, broker-dealers, hedge funds and other financial institutions in connection with the purchase and sale of various domestic and international distressed assets (including domestic and foreign bank loans, high-yield debt, and claims in bankruptcy and insolvency proceedings). Mr. Martin has extensive experience in the review and analysis of credit documentation relating to credit facilities in a variety of industrial sectors and specializes in primary and secondary trading documentation under both the LMA and LSTA regimes. He has been engaged by investors seeking to acquire strategic positions in the indebtedness of distressed companies, and often provides advice to these clients on related bankruptcy and restructuring issues. Mr. Martin has advised clients in connection with numerous transactions in bank loans, trade claims and credit derivatives of borrowers, including Calpine, Northwest Airlines, Delta Airlines, Comair, Pacific Crossing, Interstate Bakeries, MyTravel and Collins & Aikman. Recent significant engagements include:

• Represented a major investment bank in connection with its ongoing participation in market auction transactions of bankruptcy claims;
• Represented a large hedge fund in connection with investment and trading activity in bankruptcy claims of several large airlines;
• Represented a newly formed hedge fund in connection with the development of its debt and claims trading activities.

Publications

• "Debt Trading in Distressed Europe" by RK&O Debt and Claims Trading Practice Group

Professional & Community Affiliations

• Active Participant, The Loan Syndications and Trading Association