Biography
Andrea is an associate in the Financial Restructuring and Insolvency Practice at White & Case in New York. Her practice focuses on bankruptcy and financial restructuring matters, including representation of debtors, creditors, purchasers and other interested parties in international insolvency proceedings, Chapter 11 and bankruptcies, out-of-court workouts and related transactions.
Experience
Restructuring of telecommunications company WOM S.A., 2023-2025
Representation of WOM S.A., a large wireless telecommunications company in Chile, and certain of its affiliates, with respect to the cross-border restructuring of over US$1 billion of unsecured debt in their chapter 11 cases in the United States Bankruptcy Court for the District of Delaware.
Out of court restructuring of parking solutions provider Reimagined Parking Group, 2024-2025
Representation of Reimagined Parking Group, one of the world's leading tech-powered, people-driven parking solutions provider, in an out-of-court restructuring of third-party debt provided by a consortium of lenders.
Out of court restructuring of communications company iHeart, 2025
Advised a lender in connection with an exchange offer and consent solicitation to amend iHeart's existing debt obligations, extending maturities and improving the balance sheet.
Out of court restructuring of online car dealership Carvana, 2022-2024
Representation of an ad hoc group of creditors in Carvana's $5.7 billion debt exchange, a concurrent cash tender offer, an at-the-market equity raise, founder equity investment, and solicitation of consents to amendments of existing indentures. These liability-management transactions provided operational and financial flexibility, reducing total debt, extending maturities, and lowering near-term cash interest expense, illustrating a collaborative "win-win" approach between borrowers and stakeholders.
Restructuring of energy company Mainstream Renewable Power, 2023-2024
Representation of global pure-play renewable energy company Mainstream Renewable Power in the cross-border restructuring of US$1.5 billion in liabilities which resolved insolvency proceedings and related litigation in the US, Chile, Ireland and Spain.
Restructuring of transportation company Hornblower Group, 2024
Representation of Deutsche Bank AG New York Branch, as sole lead arranger and lender, in connection with a US$300 million Senior Debtor-In-Possession (DIP) credit facility provided to certain subsidiaries of Hornblower Holdings LP in connection with their commencement of Chapter 11 proceedings in the US Bankruptcy Court.
Out of court restructuring in connection with asset sales for technology company Riverbed, 2023
Advised Riverbed on a $850 million exchange with consent solicitation, IP-backed financing, and pre-arranged sale mechanics to monetize software assets.
Restructuring of rental car company Hertz, 2020-2023
Representation of Hertz Global Holdings, Inc. and certain affiliates in their chapter 11 cases and global restructuring matters. Hertz completed its successful chapter 11 restructuring and its plan of reorganization became effective on June 30, 2021. This representation is one of the highest profile restructurings arising from the COVID-19 pandemic and one of the most successful chapter 11 and international reorganizations in recent history. W&C continues to represent Hertz in connection with ongoing make-whole litigation pending in the Third Circuit.
Restructuring of cryptocurrency exchange Celsius, 2022-2023
Representation of the Official Committee of Unsecured Creditors in the Chapter 11 case of Celsius Network LLC in the United States Bankruptcy Court for the Southern District of NewYork, acting as the fiduciary for 1.7 million account users that used the Celsius platform before its bankruptcy filing.
Out of court refinancing of transportation company Luminator, 2022
Representation of one of the largest credit-oriented alternative asset managers in connection with the Thirteenth Amendment to the Luminator Technology Group Credit Agreement. Certain of the client's funds own a majority interest in Luminator Technology Group, LLC and the Thirteenth Amendment provided the company with additional term loans for liquidity purposes.
Restructuring of technology company Riverbed, 2021
Representation of an ad hoc group of lenders in connection with the subscription for preferred stock and a $900m senior secured exit financing in connection with the recapitalization of RiverbedlAternity by way of Delaware Chapter 11 proceedings.
Restructuring of offshore oil drilling company Seadrill, 2021
Seadrill II involved the representation of the coordinating committee of agent banks and export credit agencies representing holders of US$5.6 billion of senior secured indebtedness across 12 credit facilities in connection with the restructuring of the liabilities and obligations of Seadrill Ltd., and its affiliates. The result of that restructuring provided a significant structural improvement for senior lenders, the negotiation of settlements that attracted more than US$1 billion of new capital, and the re-profiling of Seadrill's capital structure.
Restructuring of offshore oil drilling company Seadrill, 2018
Representation of the coordinating committee of facility agents and export credit agencies representing holders of more than US$7.4 billion of senior secured indebtedness across 13 credit facilities in the restructuring of the liabilities and obligations of Seadrill Limited, one of the world's largest offshore oil drilling companies, through Chapter 11 proceedings and a Bermuda scheme of arrangement.
Restructuring of oil and gas company Constellation, 2019
Representation of Constellation Oil Services Holding S.A., provider of oil and gas contract drilling and production services in Brazil, in its restructuring of approximately US$1.5 billion of debt under project financing and working capital facilities and senior secured and unsecured notes through insolvency proceedings in Brazil and the British Virgin Islands and recognition proceedings under Chapter 15 in the United States.
Restructuring of communications company iHeart, 2018
Representation of ad hoc group of holders of, and indenture trustee for, unsecured legacy bonds in the Chapter 11 cases of iHeart Communications Inc., a diversified media and entertainment business.
Purchase of maritime loan portfolio, 2019
Representation of Cross Ocean Partners and Fortress in acquisition of maritime loan portfolio.
Restructuring of healthcare company Trident, 2019
Representation of ad hoc group of holders of, and agent for, first lien loans in the Chapter 11 cases of Trident Holding Company, a medical diagnostics company.
Refinancing of senior facilities in connection with sale of UP Offshore, 2018
Advised a group of lenders on the refinancing of the US$70 million facilities of UP Offshore (Bahamas) Limited, an offshore support vessel services provider, in connection with its acquisition by MEXMAR Offshore International LLC.