Mark Franke is a senior associate in the Financial Restructuring & Insolvency group. He has extensive experience in representing stakeholders of financially distressed companies, including corporate debtors, bondholders and lenders. In addition, he has significant experience acting for stakeholders in cross-border insolvencies.
Representation of agent under $1.8 billion secured credit facility to a Brazilian ultra-deep water drillship operating in connection with out-of-court consensual restructuring and recapitalization transactions.
Representation of Oi S.A., a major Brazilian telecommunications company in connection with its cross-border in-court insolvency proceedings, related litigation, and the restructuring of approximately $19 billion of prepetition obligations.
Representation of OAS S.A., a major Brazilian engineering and construction company in connection with its cross-border in-court insolvency proceedings, related litigation, and the restructure of its approximately $9 billion of prepetition obligations.
Representation of legacy bondholders of iHeartCommunications, Inc. in connection with the iHeart chapter 11 proceedings and related litigation.
Representation of agent under $175 million secured credit facility to the offshore supply business of Ultrapetrol Bahamas Ltd. in connection with an out-of-court restructuring of primary obligations and in-court release of a parent guarantee through a prepackaged chapter 11 plan.
Representation of secured creditors of Republic Airlines in connection with Republic’s chapter 11 proceedings.
The Detroit Pension Bankruptcy Trust: A Proposal fo the Resolution of Detroit's Pension Obligations under Chapter 9 of the Bankruptcy Code, 22 J. BANKR. L. & PRAC. NL 2 Art. 5, 2014
Ijara (Shariah-Compliant) Islamic Lease Financing Under the Bankruptcy Code, 45 UNIFORM COMM. CODE L. J. 259, 2014
Suitability and Non-Maleficence: A Proposal for Consumer Insurance Producer Regulatory Reform, 26 LOYOLA CONS. L. REV.¬ 73, 2013
Mezzanine Finance and Preferred Equity Investment in Commercial Real Estate: Security, Collateral & Control, 1 MICH. J. PRIVATE EQUITY & VENTURE CAP. L. 93, 2012, (co-Author with J. Robins and D. Wallis)
2013 Clarin M. Schwartz Memorial Award, The American College of Employee Benefits Counsel Student Writing Competition