Samuel A. Khalil is a partner in the New York office of Milbank, Tweed, Hadley & McCloy and a member of the firm’s Financial Restructuring Group.
Mr. Khalil represents debtors and creditors in chapter 11 reorganization cases and out-of-court workouts both in the US and internationally. He also regularly represents private equity funds and hedge funds acquiring control positions in financially distressed companies, whether through a chapter 11 process or otherwise. He has extensive experience negotiating reorganization plans, structuring high risk “rescue financings” and chapter 11 “DIP” and “Exit” financings, and representing acquirors and sellers of financially distressed companies. His engagements have ranged across a wide array of industries, including energy, chemicals, paper, airline, financial services, automotive, pharmaceuticals, satellite, restaurant, consumer goods and real estate.
Mr. Khalil’s representations have included, among others: Momentive Performance Materials (counsel to an ad hoc committee of secured lenders); Genco Shipping & Trading Limited (counsel to agent for secured lenders); Overseas Shipholding Group (counsel to agent for revolving credit facility lenders); NewPage Corporation (counsel to indenture trustee for first lien noteholders); Southern Air Holdings, Inc. (counsel to DIP agent); Lyondell Chemical Company (counsel to an ad hoc committee of senior secured lenders); General Motors Corp. (counsel to indenture trustees with respect to leveraged lease financing arrangements); Calpine Corp. (counsel to an ad hoc committee of convertible noteholders); Nebraska Book Company (counsel to an ad hoc committee of noteholders); Visteon Corp. (counsel to unsecured noteholders as rights offering backstoppers); International Architectural Group (counsel to first lien agent); VICORP Restaurants, Inc. (counsel to the official committee of unsecured creditors); Sea Launch Company, L.L.C. (counsel to the official committee of unsecured creditors); Satélites Mexicanos, S.A. de C.V. (as chapter 11 debtor in possession); Tower Automotive, Inc. (counsel to second lien agent); aaiPharma Inc. (counsel to an ad hoc committee of secured noteholders); and Enron Corp. (counsel to the official committee of unsecured creditors).
