Todd’s areas of experience include counseling both acquirers (typically private equity funds, hedge funds, or strategic buyers) and targets in matters that involve the strategic acquisition of debt (secured or unsecured) for the purpose of acquiring control of a distressed target company or maximizing return on investment. These transactions often involve, among other things, the negotiation of debt-for-equity swaps, the structuring of DIP credit facilities designed to “lock-up” a debtor target, formulation and implementation of plan support agreements and/or third-party Chapter 11 plans of reorganization, and other bankruptcy and pre-bankruptcy strategies.
Additionally, Todd has extensive experience representing Chapter 11 debtors, creditors’ committees, and other parties in large, complex Chapter 11 reorganization cases across a variety of industries including aviation, retail, entertainment, telecom, high technology, manufacturing and financial services, and others. Todd also represents both debtors and creditors in the structuring and negotiation of out-of-court restructurings.
Todd frequently represents secured lenders, including major financial institutions, in connection with the restructuring of complex credit facilities, including stand-alone and syndicated loan arrangements. His experience also extends to enforcing the rights and remedies of lender entities in both state and federal courts nationwide.
Beyond his restructuring practice, Todd actively counsels several clients in connection with general business matters, entrepreneurial endeavors, and merger and acquisition transactions.
Todd frequently lectures at national conferences on distressed M&A and various bankruptcy and restructuring topics. He serves as adjunct instructor of law at Cornell Law School where he teaches at an annual program on negotiation skills and tactics.
Todd is the managing partner of the Boston office.