James Gadsden

Practice Description

Mr. Gadsden has a corporate and litigation practice involving structured finance, corporate trust, restructuring and bankruptcy matters. In addition to representing issuers of high-yield and asset backed securities and borrowers on syndicated lending facilities, he frequently represents corporate trustees for corporate and municipal debt in connection with the issuance of the debt and defaults and restructurings, including chapter 11 bankruptcy cases. He is a past Chair of the Committee on Trust Indentures and Indenture Trustees of the American Bar Association’s Section of Business Law. He contributed the chapter on Corporate Trust Opinions to the Legal Opinions in Corporate Transactions treatise published by Practicing Law Institute in 2014.

He was a member of the drafting committee for the ABA’s Revised Model Simplified Indenture published in The Business Lawyer in 1999, the Model Negotiated Covenants published in The Business Lawyer in 2006 and the Annotated Trust Indenture Act published in The Business Lawyer in 2012. He has represented parties in litigation and acted as an expert witness in litigation involving indenture interpretation issues.

He is a member of the TriBar Opinion Committee, is active in the Working Group on Legal Opinions Foundation, was the Reporter for the Special Report on the Preparation of Substantive Consolidation Opinions by the Committee on Structured Finance and the Committee on Bankruptcy and Corporate Reorganization of The Association of the Bar of the City of New York, was the Chair of the Subcommittee of the Committee on Commercial and Uniform State Laws that prepared the City Bar’s Report recommending that New York enact the Uniform Voidable Transactions Act, and is a frequent author and speaker.