Drew Magee
Biography
Overview
Drew is a law clerk in the Financial Restructuring and Insolvency Group. Drew's practice focuses primarily on bankruptcy and financial restructuring matters, including representations of debtors, creditors, purchasers and other interested parties in Chapter 11 bankruptcies, out-of-court workouts and cross-border proceedings.
Experience
Representation of the ad hoc group of bondholders, comprised of fifteen institutions that held more than US$ 630 million of unsecured bonds, in the chapter 11 case of LATAM Airlines, the largest airline in Latin America.
Representation of the owners of premier commercial office towers located at 245 Park Avenue in New York City and 181 West Madison Street in Chicago, Illinois in connection with their chapter 11 cases before the U.S. Bankruptcy Court for the District of Delaware; and in connection with a definitive agreement to sell PWM's interests in the commercial office tower located at 245 Park Avenue in New York City to an affiliate of SL Green Realty Corp.
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.
Representation of the agent and existing term loan lenders on an English scheme of arrangement proposed by Petroserv Marine Inc.
Representation of the lender group in connection with a restructuring and recapitalization of Salt Creek Aggregator Holdco, LLC (and its guarantors including Salt Creek Midstream, LLC) which owns a gas gathering pipeline system and processing facility in Texas and a water gathering disposal system located in West Texas and New Mexico. The recapitalization included additional investments from the existing lender group and primary equity investor, Ares.
Representation of the secured lenders under Borr Drilling Limited’s US$450 million bank facility and US$100 million bank facility in connection with the amendment of Facility Agreements which helped provide a total liquidity improvement of more than US$315 million.
Representation of of the indenture trustees for six series of unsecured notes in the chapter 11 cases of Windstream Holdings, Inc., a communications network provider, and its affiliated debtors in the United States Bankruptcy Court for the Southern District of New York.
Representation of Tufin Software Technologies Ltd., a leading security policy management company, in its $124 million IPO and listing on the NYSE.
Representation of Jack in the Box Inc. in connection with structuring and establishing the company's US$1.3 billion whole business securitization program.
Representation of Beal Bank in its US$306 million senior secured credit agreement with Nordic American Tankers Limited, arranged by CSG Investments, Inc.
