Clifford Chance
Douglas E. Deutsch works in the Financial Restructuring Group and typically represents institutional investors, financial institutions, agents, and indenture trustees in out-of-court and in-court restructurings across a wide range of industries. He has particular experience in cross-border matters and is highly regarded by clients for his hard work and pragmatism.
Doug's recent experience includes ongoing representations of lender groups with substantial exposures to Latin America energy projects. He has also advised a number of crypto-related companies and investors with respect to crypto company insolvency and bankruptcy risks and issues, including in connection with troubled crypto-banks exposures; and one of the world's largest banks in connection with its massive multi-faceted tech exposure to Diebold Nixdorf.
- The administrative agent to a group of commercial banks and institutional investors in connection with the restructuring of US$700 million in loans provided to finance a solar project in Chile
- Lenders in connection with the restructuring of over US$200 million in loans provided to a Mexican solar plant
- A foreign financial institution in connection with the restructuring and settlement of certain out-of-court obligations related to Archegos Capital's March 2021 collapse
- Multi-faceted crypto company in connection with certain custodian-related bankruptcy risks as well as certain other cryptocurrency insolvency-related risks
- A US development agency as lender in connection with the restructuring of US$100 million of unsecured loans provided to a North African investment company investing in energy projects
- A global development bank on the restructuring of a US$200 million loan facility provided to Azul Linhas Aereas Brasileiras S.A. in Brazil
- A group of European lenders in connection with the Chapter 11 bankruptcy of The Hertz Company (et al.) and the restructuring of over US$700 million of obligations owed by Hertz and its European affiliates
- Goldman Sachs as co-arranger with respect to the syndicated component of Avianca's US$2 billion Debt-In-Possession facility, following Avianca’s bankruptcy filing
- Hong Kong and BVI liquidators in connection with their claims in the China Fisheries chapter 11 cases
- The agent to a US$100 million revolving credit facility in The Lycra Company’s out-of-court restructuring
- Matalan Finance Plc in connection with recognition in the US under chapter 15 of its UK scheme
- Wilmington Savings Fund Society as successor agent to a US$900 million term loan facility in connection with the chapter 11 case of Tailored Brands, the owner of Men’s Warehouse, Jos A. Bank and other retailers
- A global transportation and logistics company in connection with the post-COVID wind down of numerous companies that constituted the parent's US logistics business
- Total Terminals International, the owner of the largest container terminal in Long Beach, CA, in connection with the global out-of-court restructuring of its obligations
- The agent in an out-of-court restructuring of a US$160 million credit facility provided to the manufacturer of various technology components for the automobile industry
News and client work
Contact details
- Clifford Chance, New York
- +1 212 878 4935
- Email me
- Follow me on LinkedIn
- Practice area Restructuring & insolvency, Global Financial Markets
Career and qualifications
- Drew University (B.S., Political Science) 1991
- Editor-in-Chief, American Bankruptcy Institute Law Review 1996
- St. John's University School of Law (J.D.) 1996
- Law Clerk, U.S. Bankruptcy Court, Western District of Texas 1997
- Admitted as an Attorney-at-Law in New York 1997
- St. John's University School of Law (LL.M.) 2001
- Joined Clifford Chance as Partner 2016
Professional bodies
- American Bankruptcy Institute
- INSOL International
- Immediate Past Vice President, Education: American Bankruptcy Institute
Awards and citations
- Doug Deutsch is an outstanding restructuring expert. Great client service and always conscious of delivering practical commercial advice as efficiently as possible.
Legal 500 (2014-2016 and 2021-2023) – United States: Finance Restructuring (including bankruptcy): corporate