Of Counsel
New York
Boston
Mark Franke is a seasoned restructuring and special situations lawyer with deep experience in and out of court representing financial creditors, sponsors, fiduciaries, sell-side broker dealers, debtors and strategic investors in some of the most complex and high-profile restructurings in recent years.
Recognized as a rising star by Super Lawyers and the Legal 500, the market has increasingly turned to Mark for advice on matters across a variety of industries, including aviation, shipping, oil & gas, chemicals, renewable energy, digital assets, agriculture & farming, construction & engineering, telecommunications, sports, commercial real estate, entertainment and leisure, and digital and traditional media.
Mark is highly practical, placing emphasis on commercial solutions to disputes while also at home in contentious litigation and contested motion practice. He thrives in contexts that require engineering creative approaches to problems involving multiple players with competing interests. In all things, he prioritizes relational and intellectual integrity with his colleagues and adversaries.
Represented an ad hoc group of senior secured creditors of Venator Materials PLC and its affiliates in their pre-arranged chapter 11 cases pending before the Southern District of Texas Bankruptcy Court.
Represented the Bahamian joint provisional liquidators of FTX Digital Markets Ltd. in connection with their chapter 15 proceeding and the chapter 11 cases of FTX Trading Ltd. and its affiliates.
Represented an investor in the U.S. dollar and Euro-denominated bonds issued by Credit Suisse Group AG.
Represented an investor in the bonds and preferred equity instruments issued by SVB Bank.
Represented an investor in the common equity issued by First Republic Bank.
Represented an investor in a major sponsor in the digital assets space in connection with a potential rescue financing.
Represented an investor in the claims and securities issued by Evergrande.
Represented an ad hoc group of U.S. bondholders in the chapter 11 cases of LATAM Airlines.
Represented a consortium of investors in connection with unsolicited offer for the purchase of the Brazilian subsidiaries of a publicly traded waste management company.
Represented the syndicate of structured finance lenders to Avianca Airlines in connection with litigation relating to Avianca's off-balance sheet credit card receivables financing seeking to unwind or recharacterize that transaction in Avianca's chapter 11 cases.
Represented a sponsor of and lender to gas-powered power plants in New York and Massachusetts in connection with strategic considerations relating to the assets.
Represented lenders to an ultra-deep water driller in Brazil in relation to the out of court restructuring of their senior secured facility.
Represented lenders to a jack-up drill ship operator in northern Europe in relation to the out of court restructuring of their senior secured facility.
Represented lenders to an offshore supply company operating in various jurisdictions in relation to the out of court restructuring of their senior secured facility and the release of a parent guarantee through a parallel prepackaged chapter 11 case.
Represented an ad hoc group of holders of pre-LBO bonds issued by a predecessor in interest to iHeart Communications in the chapter 11 cases of iHeart and its affiliates.
Represented lenders to Nautilus Holdings Limited, a containership concern, in connection with contested chapter 11 proceedings in the Southern District of New York.
Represented the foreign representatives and debtors in the heavily contested chapter 15 proceedings of OAS S.A. and Oi S.A.
* Engagement prior to joining the firm
