The American Lawyer selected debt finance partner Linda Myers as a 2014 Dealmaker of the Year. The feature recognized Linda for her work on Energy Future Holdings Corp.’s (EFH) Chapter 11, which was the largest corporate bankruptcy of 2014 and the eighth-largest corporate bankruptcy ever.
Linda and her team negotiated novel $5.4 billion and $4.48 billion debtor-in-possession (DIP) financings for EFH subsidiaries Texas Competitive Electric Holdings and Energy Future Intermediate Holding Company, respectively. The American Lawyer noted that the two DIP loans, which represented the second-largest DIP financing in history, “reduced debt payments and injected some certainty into the otherwise uncertain bankruptcy process.”
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