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Mr. Wasserman advises his clients, both small private companies and large public institutions, in general corporate matters. Mr. Wasserman has extensive experience in the areas of distressed debt and claims trading, mergers and acquisitions, private and public securities offerings, including initial public offerings (representing both issuers and underwriters), SEC reporting matters and venture capital transactions. He is Chair of the firm's Distressed Debt and Claims Trading practice group.
His clients include various hedge funds in their distressed bank debt trading activities as well as the New York and London distressed bank trading desks of a major investment bank.
As part of the firm's Structured Resolution Group, Mr. Wasserman helps to analyze the issues surrounding the subprime market collapse in an effort to help clients identify and execute on arbitrage and repackaging strategies.
Recent Transactions
o Represented an issuer in the sale of (i) US$ 350 million of senior notes under a "fall away" mortgage structure; (ii) an aggregate of US$ 200 million of stated value of trust preferred securities; (iii) a total of US$ 330 million stated value of monthly income preferred securities; and (iv) in the establishment of US$ 725 million of secured and unsecured medium term note programs.
o Represented an electric utility holding company and its subsidiaries in the auction sale of 4100 MW of fossil and hydroelectric generating stations consisting of 26 stations and future development sites in New Jersey, Pennsylvania and Maryland for US$ 1.7 billion, including the related power purchase, interconnection and ancillary agreements.
o Represented private equity fund in investment into publicly traded book publisher.
o Represented publicly traded beverage company in acquisition of key competitor.
o Represented publicly traded pharmaceutical company in a going private transaction.
Bar Admissions & Memberships
o Admitted, New York Bar
o Member, American Bar Association
o Member, The Loan Syndications and Trading Association's Legal Advisory Committee and Trade Practices and Forms Committee | 