"Very strategic, a great communicator and talented on a myriad of levels."
Brian Trust co-heads Mayer Brown’s Global Restructuring, Bankruptcy & Insolvency practice. Brian focuses on representing large institutional creditors, including agent banks, lending syndicates, insurance companies and other investors. Brian has extensive experience in complex Chapter 11 reorganizations, out-of-court restructurings and recapitalizations, mergers and acquisitions of financially distressed companies, acquisition and divestiture of claims against and equity interests in distressed companies, debtor-in-possession and exit financings and cross-border insolvencies.
Ranked year after year by Chambers USA and Chambers Global, clients praise Brian for his “wealth of restructuring experience” and “superior ability to thoroughly analyze complex issues from both the legal and the business sides,” and applaud him for doing a “fantastic job on complex work.” Brian is lauded for his “great reputation in the bankruptcy and restructuring community" and respected for his "strategic view that focuses on meeting client objectives." The Legal 500 USA highlighted Brian for numerous years for his corporate restructuring work, commending Brian for being “extremely responsive” and “technically very strong,” and noting that he “knows the issues important to banks” and has “excellent judgment.” Additionally, for over ten years, New York Super Lawyers has recognized Brian as a top lawyer in the area of “Creditor Debtors Rights: Business.”
The International Financial Law Review (IFLR) honored Mayer Brown’s Restructuring, Bankruptcy & Insolvency team, led by Brian, for its superb work on the “Restructuring of the Year” in 2011 as counsel to Barclays Bank PLC in Controladora Comercial Mexicana S.A.B de C.V. ("CCM"), and previously awarded Brian’s team the “Americas Structured Finance Deal of the Year” in connection with the highly acclaimed DIP/securitization financing of the Tribune Company in its Chapter 11 case.
Recognized as a thought leader, Brian is a frequent lecturer and author on novel and complex bankruptcy and reorganization topics. He is also frequently interviewed by the media for his views on innovative and timely reorganization topics.
Brian has advised clients across nearly every industry and sector, including aviation, automotive, energy, renewable energy, entertainment, hospitality, financial, healthcare, media, real estate, retail, steel and telecom. Brian is currently playing a leading role representing clients in today’s distressed energy sector. He has significant experience tackling the issues and challenges faced by these groups in the oil and gas and coal markets, including in the upstream, midstream, downstream and oilfield services sectors. Brian has provided counsel on every aspect of a troubled situation in this sector, including complex out-of-court and in-court restructurings, from the perspective of both creditors and investors.
Brian is continually recognized for cutting-edge work on behalf of DIP and/or exit financiers. Certain noteworthy representations include: In re Tribune Company (structure described in the press as “unusual,” “new” and “innovative”), In re Lyondell Chemical Company (largest DIP facility ever filed, including first-ever “partial roll-up”), In re AbitibiBowater Inc. (complex issues raised by securitization facility juxtaposed against Chapter 11 proceedings in the United States and CCAA proceedings in Canada), In re Overseas Shipping Group, Inc. (complex multijurisdictional exit financing of shipping company), In re Arch Coal, Inc. (securitization structure described by the U.S. Bankruptcy Court as “unique” ) and In re Peabody Energy Corporation (complex intercreditor issues raised by extending a securitization facility into a Chapter 11 DIP financing harmonized with a defensive secured DIP loan proffered by a subset of a prepetition secured lending syndicate).