Stuart Morrissy

Stuart regularly represents major corporate issuers and investment banks in a wide range of debt, equity, and equity-linked offerings, with specific skill in high yield bond financings, including in the context of leveraged acquisition financing transactions involving private equity sponsors.

Stuart also advises investment banks, export credit agencies, multilateral agencies, development finance institutions, and corporate and government clients on capital markets programs involving guarantees, buyer credit insurance policies, political risk insurance policies, and other forms of credit enhancement. He has significant experience in developing new funding sources for the purchase of high-cost manufactured goods, such as aircraft, shipping vessels, and satellites.

Stuart is a recognized leader in structuring and executing liability management transactions involving complicated exchange offers, debt and equity tender offers, and consent solicitations. In recent years, he has played a prominent role in drafting and negotiating no-action letters and other interpretive guidance with the U.S. Securities and Exchange Commission (SEC) staff, investors, and lawyers at other prominent law firms that have changed the way debt tender offers are structured and executed today.

Stuart also advises debtors, creditors, and distressed debt investors on U.S. securities law issues arising in the context of both out-of-court restructurings and in-court restructurings under Chapter 11 of the U.S. Bankruptcy Code, including debt-for-debt and debt-for-equity exchange offers, exchange offers with a backstop pre-packaged Chapter 11 plan of reorganization, consent solicitations, and rights offerings.