Stacy Tecklin joined Glenn Agre Bergman & Fuentes as a partner and will lead the firm’s new distressed debt and claims trading practice. She will be based in the firm’s New York office.
Known for her distinctive background in transactional corporate law, Tecklin maintains a complex distressed debt practice, representing buyers and sellers of a wide range of special situations investments, including syndicated par and distressed loans, bankruptcy claims and post-reorganization proceeds. Hedge funds, broker-dealers and special situation investors rely on Tecklin’s counsel for all components of distressed debt and claims trading transactions. From the pre-trade diligence phase through closing, Tecklin assists clients with analysis of credit agreements, trading and collateral issues and bankruptcy case and claim information. She regularly advises her sophisticated client base on the applicability of restructuring support and forbearance agreements and the transferability of post-reorganization assets.
“Stacy is a dynamic and talented lawyer with a deep breadth of experience counseling organizations with investments in distressed assets across the country,” Andrew K. Glenn, managing partner of Glenn Agre, said. “As we continue to strategically grow our firm, her leadership—coupled with an extensive background in distressed debt—complements our world-class bankruptcy and restructuring practice and provides a new service to our sophisticated client base.”
A former general counsel for a portfolio company, Tecklin has a keen understanding of the bankruptcy and restructuring process from an in-house perspective, adding unique value for clients who have filed for Chapter 11 bankruptcy protection or are going through a reorganization. Advising both buy-side and sell-side clients in her distressed debt practice, Tecklin collaborates with the firm’s bankruptcy and restructuring lawyers to offer the most informed counsel on complex restructuring, credit and liquidity issues.
“While Glenn Agre is still a burgeoning national firm, it’s comprised of a seasoned team of lawyers with a quickly growing reputation as a destination bankruptcy and restructuring practice,” Tecklin said. “I look forward to continuing to grow my practice alongside this phenomenal group and provide enhanced services to my clients.”
Glenn Agre’s distressed debt and claims trading practice will assist sophisticated hedge funds and institutional credit investors of all sizes in transactions involving the acquisition and disposition of distressed investments. Using innovative strategies to maximize value and minimize risk, the team will guide clients through complex issues in primary and secondary loan trades, bankruptcy claims and special situations investments.
Before joining Glenn Agre, Tecklin was special counsel at Katten Muchin Rosenman. She is an active member of the Loan Syndication and Trading Association (LSTA) and serves on the LSTA Trade Practices and Forms Committee.