Mike Guippone

Counsel

Mike is a restructuring attorney who is part of the Municipal Bond Recovery team. He represents clients in municipal bond transactions, workouts, and bankruptcies.

Mike Guippone, Counsel

Mike is a member of the Municipal Bond Recovery team that represents clients in municipal bond workouts, restructurings, and related litigation. His experience also includes large and complex out-of-court restructurings and chapter 11 bankruptcies as well as high-stakes bankruptcy litigation.

Mike focuses on distressed municipal bonds, the proceeds of which are used to finance projects involving healthcare, recycling facilities, economic development, senior living, housing, education, airports, and ports. Mike advises bondholders on in- and out-of-court workouts, bankruptcies, and restructurings. Mike also advises municipal bond purchasers on structuring creditor-friendly financings.

Client Work

Mike has broad workout and bankruptcy experience. He has represented an array of clients in bankruptcy cases: secured and unsecured creditors, bondholders, indenture trustees, administrative agents, debtor-in-possession lenders, debtors, ad hoc committees, and purchasers of companies in bankruptcy. He also has represented various parties in complex bankruptcy litigation.

Mike’s notable bankruptcy experience includes representing bond indenture trustees, bondholders, administrative agents, and bank lenders in chapter 11 bankruptcy cases across various industries, including: Valaris plc, UTEX Industries, Pacific Drilling, Avaya, and Energy XXI. Mike has experience negotiating debtor-in-possession financing, including by representing the agent and lender for a $1.8 billion debtor-in-possession loan to Weatherford International PLC. He has also represented trade creditors and contract counterparties in various bankruptcy cases.

Mike’s bankruptcy litigation experience includes the representation of the administrative agent for a €600 million PIK loan in the involuntary chapter 11 proceeding of EB Holdings (Ecobat); lenders and bondholders in a letter of credit payment priority litigation in the Delaware bankruptcy court, district court, and in the Third Circuit Court of Appeals, related to the chapter 11 case of Texas Competitive Electric Holdings (TCEH); one of the nation’s leading credit scoring companies in litigation arising from its acquisition of substantially all the assets of a company out of bankruptcy, including its successful prosecution of third parties for contempt of court for violating the bankruptcy court’s sale order; and various banks, broker-dealers and other institutions in obtaining the dismissal with prejudice of billions of dollars in fraudulent transfer claims arising out of the Lyondell leveraged buy-out and subsequent chapter 11 case.

Previous Work

Mike joined the firm in 2023 from Reorg Research, a market intelligence firm, where he was part of the initial team that developed a product focused on distressed municipal credits. Prior to that, Mike worked at two other major law firms in New York. From 2013 to 2015, Mike clerked in the U.S. Bankruptcy Court for the Eastern District of New York, to the Honorable Carla E. Craig and the Honorable Elizabeth S. Stong.

Perspectives