Frank P. Jaklitsch practices in the firm’s Corporate & Finance Transactions department, specializing in the preparation and negotiation of transaction documentation for distressed debt and claims trading. He has over 18 years of experience representing hedge funds, investment banks, broker-dealers and other financial institutions in the purchase and sale of distressed assets (both U.S. and international), including syndicated corporate bank loans, priority and unsecured claims against bankruptcy estates and other liquidating vehicles, high yield securities and post-reorganization equity.
Mr. Jaklitsch regularly counsels clients on bankruptcy and reorganization matters relating to special situations investments, and has handled numerous matters arising from cases that encompass, among others, Lehman Brothers, Bernard L. Madoff Investment Securities, American Airlines, Nortel Networks, MF Global, Circuit City, General Motors, Tronox, Northwest Airlines, K-Mart, United Airlines, and several Icelandic banks. He also has extensive experience reviewing and analyzing the loan documentation of both investment grade and non-investment grade borrowers across a variety of industrial sectors, and advises clients as to whether the legal provisions therein comply with their respective internal policies and market standards generally.
Mr. Jaklitsch is a participant in the Loan Syndications and Trading Association (LSTA), and is admitted to practice in New York. He recently completed a 21 month secondment to Morgan Stanley in its Global Capital Markets division in New York, where he worked as an attorney on the business side within the Strategic Lending Group and Structured Solutions Group.
Member, Loan Syndications and Trading Association (LSTA)