James Ktsanes

james.ktsanes@lw.com

+1.312.876.7700

Profile

James Ktsanes represents secured lenders, noteholder groups, and other creditors, as well as asset purchasers, in all aspects of out-of-court restructurings, bankruptcies, and special situations. Mr. Ktsanes has extensive experience representing direct lenders in private credit matters. In addition to traditional amendments, workouts, and bankruptcies, Mr. Ktsanes has advised clients in connection with:

Uniform Commercial Code (UCC) sales and strict foreclosures
Exchange offers
Priming credit facilities and uptier exchanges
Liability management transactions

Mr. Ktsanes was named to the American Bankruptcy Institute’s 2020 40 Under 40 list, which recognizes insolvency professionals who are committed to the highest standards of achievement at work and in their communities.

Experience

Mr. Ktsanes’ experience includes representing:

Antares Capital, as first-lien lender, in connection with several bankruptcies, including the Bar Louie chapter 11, and numerous workouts and out-of-court restructurings
Ares Capital in connection with numerous out-of-court restructurings and the Centric Brands chapter 11 cases and CARD chapter 11 cases
Blue Owl Capital in connection with several out-of-court debt-for-equity exchanges and other restructurings
Golub Capital in connection with confidential workouts and restructurings
Orion Energy, as prepetition term lender and DIP lender, in the CarbonLite bankruptcy, as well as other workouts
NXT Capital in connection with confidential workouts
Macquarie Capital in connection with an out-of-court workout of a recycling business
Ad hoc groups of secured lenders in connection with multiple out-of-court restructurings of healthcare companies
Goldman Sachs as the exit lender in the Peabody Energy bankruptcy, ABL lender in the Murray Energy bankruptcy, and term lender in a confidential workout
Royal Bank of Canada, as first lien agent, in the chapter 11 cases of Vantage Drilling and other confidential workouts and restructurings
JP Morgan in the Briggs & Stratton bankruptcy and confidential workouts and restructurings
A steering group of subordinated lenders in connection with Affinion Group Holdings’ exchange offer
An ad hoc noteholder group in Community Choice Financial’s exchange offer
The Catalyst Capital Group in its DIP financing and acquisition under §363 of Advantage Rent-A-Car and other distressed acquisitions