Scott Greissman | White & Case LLP International Law Firm, Global Law Practice

Scott Greissman

Partner, New York

T +1 212 819 8567

T +1 212 819 8200

E sgreissman@whitecase.com

Overview

Scott advises clients on a wide range of financial structuring and insolvency matters. He represents the interests of parties who are adversely affected when organizations find themselves in difficulty, helping to secure a positive outcome for all concerned.

Scott focuses on representing agent banks, senior lenders, unsecured creditors, hedge funds and companies in large out-of-court workouts, distressed acquisitions and chapter 11 proceedings. In addition, Scott offers clients the benefit of his knowledge and experience negotiating and documenting distressed and nontraditional financing transactions. He has a significant track record, developing complex arrangements to safeguard his clients' interests.

After graduating from law school, Scott gained valuable experience serving as law clerk to the Honorable Jerome Feller, United States Bankruptcy Judge for the Eastern District of New York.

Bars and Courts

  • New York State Bar
  • US District Courts for the Southern and Eastern Districts of New York
  • Florida State Bar

Education

  • JD, Hofstra University School of Law
  • BA, State University of New York at Albany

Languages

  • English

Experience

Coordinating Committee of Senior Lenders

Represented coordinating committee of senior lenders holding over $10 billion of indebtedness in restructuring of world’s largest offshore oil drilling company.

Senior Agent/Arrangers

Represent Senior Agent and Arrangers in respect of $900 million debtor-in-possession and prepetition financing in the SunEdison chapter 11 cases.

Senior Agent

Represent Agent for Senior Lenders holding over $500 million of secured loans in out-of-court restructuring and chapter 11 proceeding of Primorsk International Shipping Ltd.

BNP Paribas and senior lenders

Represented BNP Paribas, as COFACE agent, and the senior lenders, in the ongoing out-of-court restructuring of approximately US$700 million of senior secured indebtedness of Globalstar, Inc.

Nordea Bank

Represented Nordea Bank, as agent, and the steering committee of senior lenders, in connection with the chapter 11 reorganization of General Maritime Corporation, including a US$75 million debtor-in-possession financing facility and the restructuring of US$1.385 billion of senior secured indebtedness.

Senior secured lenders to TORM A/S

Represented the coordinating committee of senior secured lenders to TORM A/S in the out-of-court restructuring of approximately US$1.8 billion of TORM's senior secured indebtedness, including a related US$100 million super senior working capital facility, the creation of a new corporate and group structure for subsidiaries of TORM and the issuance of new equity by TORM to participants in the restructuring and existing shareholders.

Agents and lenders re: Tribune chapter 11 cases

Represented the agent and lenders under the US$1.6 billion bridge loan facility in the Tribune chapter 11 cases.

Deutsche Bank

Represented Deutsche Bank as lead arranger, administrative agent and co-collateral agent, in structuring and arranging a US$1.075 billion debtor-in-possession multijurisdictional asset-based credit facility, in the chapter 11 cases of Aleris International, Inc. and certain of its subsidiaries.

Revel Casinos

Represented Revel Casinos in its chapter 11 case.

Pilot Travel Centers LLC

Represented Pilot Travel Centers LLC (a joint venture owned by Pilot Corporation and funds managed by CVC Capital Partners), as lender, in the US$100 million debtor-in-possession financing facility provided to Flying J Inc. in connection with Pilot's acquisition, out of chapter 11, of Flying J's core travel plaza and truck stop businesses, creating a company with a combined value in excess of US$5 billion.

Major League Baseball

Represented Major League Baseball in the Los Angeles Dodgers chapter 11 case, including in connection with a senior unsecured debtor-in-possession financing provided to the team and the sale of the team to new ownership in a US$2.15 billion transaction.