(212) 530-1846
(917) 344-8846 fax
mfriedman@rkollp.com
One World Financial Center
New York, NY 10281-1003
vCardMichael Friedman
Partner
Practice Areas
- Asset Acquisitions
- Corporate
- Corporate Governance
- Counseling Directors and Boards
- Distressed and DIP Lending
- Distressed Debt
- Lending
- Mergers and Acquisitions
- Restructuring and Bankruptcy
- Restructurings and Recapitalizations
Education
- University of Pennsylvania Law School, J.D., cum laude, 1991
- Yeshiva University, B.A., 1988
Michael Friedman specializes in bankruptcy and restructuring transactions. Mr. Friedman represents hedge funds, investment banks and financial institutions in connection with event driven investment, financing and acquisition transactions. Mr. Friedman’s broad experience in the areas of bankruptcy, restructuring and finance allows him to help clients structure transactions in a manner that will allow them to achieve their business objectives in the most efficient and cost effective manner.
Mr. Friedman’s practice involves the representation of investors in distressed acquisitions, purchases of assets in chapter 11 proceedings or “363 sales,” debtor-in-possession financings, rescue or bridge financings and chapter 11 exit financings. Mr. Friedman represents secured and unsecured creditors in all aspects of complex chapter 11 bankruptcy reorganizations and out-of-court restructuring transactions. Mr. Friedman also provides real-time focused legal analysis and advice to investors contemplating investments in distressed opportunities. Illustrative representations include:
• Represented lead investor in acquisition of majority equity stake in heating oil delivery Company through the conversion of its debt to equity in chapter 11 reorganization;
• Represented private fund in connection with the acquisition through a 363 sale process, of an Italian subsidiary of U.S. company specializing in medium and high voltage drives and controls;
• Representation of lead investor in connection with the purchase of the assets of a global textile manufacturer;
• Representation of lead investor in connection with the purchase of multiple automotive parts manufacturers pursuant to 363 sales and combining the acquired companies into a unified platform;
• Representation of private fund in the consensual foreclosure of senior secured loans to company with U.S. and foreign subsidiaries resulting in the ownership of substantially all of the assets of the company;
• Representation of institutional investor in connection with $75 million lease rejection claims against automotive parts manufacturer in chapter 11 proceedings;
• Representation of investor in connection with purchase of the assets of a textile manufacturer pursuant to a 363 sale;
• Representation of lead investor in connection with the purchase of senior secured loans and origination of DIP Loan to energy producer in chapter 11 proceedings and the subsequent acquisition of substantially all of the assets of the company.
Mr. Friedman is a member of the American Bankruptcy Institute and is currently serving as the Newsletter Editor for the Finance and Banking Committee. Mr. Friedman is a member of the Turnaround Management Association. Mr. Friedman often participates and moderates panels at national and international bankruptcy and distressed investing conferences.
