Andrew G Dietderich

(The following information was supplied by the firm)

Andy Dietderich is Co-Head of our Global Finance & Restructuring Group and one of the leading transactional restructuring lawyers in the United States. A career-long S&C generalist, Andy started S&C’s multi-disciplinary restructuring practice in 2008 and has overseen its growth and expansion. The practice is unique among restructuring practices in its approach to corporate governance and its employment of new and creative solutions to restructuring impasses. Chambers recognizes Andy as a “strategy genius, who is able to boil down complex concepts into things clients can easily understand.” Andy has led successful out-of-court restructurings and liability management transactions of every type, including in many cases where bankruptcy filings were thought inevitable but ultimately avoided. Andy also has led in-court representations of debtors, plan sponsors and proactive creditors in some of the largest and most challenging chapter 11 cases over the past decade, including Garrett Motion, California Resources Corporation, LSC Communications, SunEdison, Eastman Kodak, Energy Future Holdings, Chrysler, Caesars and General Growth Properties.

At S&C, Andy serves as Dean of Associate Life and Head of Alumni Affairs, in which role he oversees the Firm’s professional development activities and talent network. Andy lives in Brooklyn and is a member of Brooklyn Community Board 2, as well as other public service organizations.

SELECTED REPRESENTATIONS

Selected Restructuring Matters

• FTX as debtors counsel in its pending Chapter 11 proceedings
• PIMCO in the liability management activities of Envision Healthcare
• The management team of Talen Energy in connection with the company’s chapter 11 cases and strategic plans
• Garrett Motion Inc. in its strategic review process, resolution of legacy spin-off commitments, liability management activities, sale process, Chapter 11 proceeding, and global reorganization
• LSC Communications Inc. in its liability management activities, sale process, and Chapter 11 reorganization
• California Resources Corporation in its competitive recapitalization process, the unwinding of its joint venture for dedicated gas processing and power, and Chapter 11 reorganization
• American Energy Partners and the estate of Aubrey McClendon in their out-of-court liability management activities and resolution with creditors
• Eastman Kodak in its strategic review process, carve-out business unit dispositions, intellectual property licensing activities, liability management activities, pension settlements, 135-country global reorganization and Chapter 11 proceeding
• Pershing Square and Fairholme Funds in the design of a successful take-over defense for General Growth Properties during chapter 11, the creation of an alternative recapitalization proposal involving the re-listing of GGP as a solvent independent company, the spin-off of Howard Hughes Corporation, and the sponsorship of the implementing plan of reorganization
• QCP, a public REIT, in its strategic review process and the arranged chapter 11 sale of its primary tenant, HCR ManorCare
• TerraForm Power and TerraForm Global in their successful extraction from the Chapter 11 liquidation of their controlling parent, SunEdison, their disposition to Brookfield Asset Management, and the global settlement of all related litigation
• MF Global in the distressed unwinding of its book and attempted rescue sale
• Fiat in the Chapter 11 purchase of Chrysler
• Chrysler in the Chapter 11 restructurings of Takata and various other important suppliers
• Philips in the Chapter 11 reorganization of Gibson Brands
• Ares Management and Teachers’ Private Capital as acquiring sponsors of the reorganization of Simmons and the in-court combination of Simmons with Serta through a Chapter 11 plan of reorganization
• The official committee of creditors of Energy Future Holdings 
• Lion Capital in its acquisition of John Varvatos Enterprises
• Primorsk International Shipping in its sale process and Chapter 11 proceeding
• White Star Petroleum in its sale process and Chapter 11 proceeding
• Ascent Resources in its prepackaged Chapter 11 recapitalization
• Pacific Drilling in its out-of-court liability management activities and Chapter 11 filing
• PMI Group in the negotiated conservatorship of its primary operating subsidiary and subsequent Chapter 11 reorganization
• Bank lenders in the global reorganizations of Abengoa, CHC Group and other debtors
• CIT Group as corporate counsel in its prepackaged Chapter 11 reorganization, the largest prepackaged Chapter 11 case ever completed

Selected Special Situation and Other Matters

• Multiple multinational companies in the realistic and responsible management of mass tort exposure in the United States
• Fairholme Capital Management in its investment in The St. Joe Company and related proxy contest
• Various buyers and sellers in negotiated M&A transactions, including the LBO of Bell Canada Inc. (Canada), the LBO of GMACCH (U.S.), and strategic investments in Telefónica S.A. (Argentina), Globo.com (Brazil) and Gener (Chile)
• Buyers, sellers, lenders and hedge providers in acquisition financings of all types, including the LBO financings for Harrah’s, Hertz, Neiman Marcus, Transmontaigne, Berry Plastics, Natural Gas Partners, Northeast Utilities and Vornado’s bid for Equity Office Properties
• ​Lenders, sponsors or project companies in large project financings, including the runner-up bid for the Pennsylvania Turnpike (U.S.); the new Meadowlands Stadium for the New York Giants (U.S.); the Alaska natural gas pipeline (U.S. and Canada); the Bulyanhulu gold mine (Tanzania); the Intersur toll road (Peru); the Veladero gold mine (Argentina); the Merey Sweeny coker project (U.S.); the Cantarell nitrogen injection project (Mexico); the Camisea pipeline (Peru); the EVM and Cabiunas financings (Brazil); and the El Abra copper mine (Chile)
• The providers and users of rate, currency, commodity and weather derivatives in the context of acquisition financings or restructurings, including JPMorgan, HSBC, J. Aron, Barclays, Merrill Lynch and numerous industrial companies