Paul B. Haskel is co-chair of the Corporate Department and a member of the firm's Executive Committee. Mr. Haskel specializes in the field of secondary distressed and high-yield debt transactions and represents investment funds, investment banks, broker-dealers and other financial institutions in connection with the purchase and sale of various U.S. and international distressed assets. These assets include, among other things, domestic and foreign bank loans, high-yield securities, and claims against bankruptcy estates, litigation trusts, SIPA trusts and similar liquidating vehicles. In addition, Mr. Haskel regularly provides advice to clients on bankruptcy and reorganization matters and he has extensive experience in special situation investments and loan restructurings. He also advises clients on issues arising from the receipt of confidential information by virtue of investment in bank loans and claims, including issues arising under U.S. securities law and state common law relating to fraud. more +
In the last several years, Mr. Haskel and the firm’s debt trading group have advised clients in connection with thousands of transactions in bank loans, trade claims and credit derivatives relating to both distressed and par borrowers including, to name a few, MF Global, Lehman Brothers, Tribune, TXU, American Airlines, Bernard L. Madoff Investment Securities and General Motors.
In addition to providing advice on specific transactions, Mr. Haskel is regularly engaged to provide training to clients in many of these areas, including debt trading, claims trading and the management of borrower/issuer confidential information.
Mr. Haskel is an active participant in The Loan Syndications and Trading Association Inc. (LSTA) and sits on numerous LSTA committees. He is a regular speaker for the LSTA on topics relating to secondary loan market transactions.
Active Participant & Committee Member, The Loan Syndications and Trading Association (LSTA)