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Liability Management, Distressed Debt, and Bankruptcy Transactions

Houston, Texas Full time 3-7 years
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Position overview

Our client is seeking a finance associate with 3–7 years of experience to join its Business Restructuring & Reorganization team. The opportunity involves significant creditor- or borrower-side work across liability management transactions, bankruptcy financings and special situations matters, with exposure to high-profile representations at the top of the capital structure.

The Work

  • Represent creditors or borrowers in liability management transactions, contributing to the legal work involved in complex restructuring solutions.
  • Advise on debtor-in-possession financings in Chapter 11 cases, working on financing matters within active bankruptcy proceedings.
  • Work on bankruptcy exit financings that support companies emerging from Chapter 11.
  • Handle special situations financings for creditors or borrowers across restructuring-related mandates.
  • Participate in high-profile, top-of-the-capital-structure representations for hedge funds, CLOs, private equity funds and other financial institutions.
  • Work on both Chapter 11 cases and out-of-court restructurings, gaining exposure to varied approaches to financial distress and liability challenges.

What You Bring

  • 3–7 years of experience as a finance associate, consistent with law school class years 2019 through 2023.
  • Significant experience representing creditors or borrowers in restructuring or special situations matters.
  • Experience with one or more of liability management transactions, DIP financings, bankruptcy exit financings or special situations financings.
  • Experience working on Chapter 11 cases and/or out-of-court restructurings.
  • Background representing hedge funds, CLOs, private equity funds or other financial institutions is relevant to the client base.

Why Consider It

The role offers a place on a market-leading Business Restructuring & Reorganization team and the chance to work on high-profile representations at the top of the capital structure.

Associates may handle matters spanning Chapter 11 proceedings and out-of-court restructurings for sophisticated financial institution clients.

Firm and team details will be shared directly.

Compensation & Benefits

The stated annual compensation range is $235,000–$390,000, depending on qualifications and operational considerations.

Benefits include health care, retirement benefits, paid sick and vacation time, parental leave, basic life insurance and Flexible Spending Accounts, along with discretionary, performance-based bonuses.

Confidentiality

This is a confidential opportunity. Contact Advocates Legal Recruiting to discuss the role and receive additional details about the client and team. All inquiries will be handled confidentially.