Michael Sellinger

With over 25 years of experience, Michael advises clients on liability management and restructuring solutions. He works with debtors, creditors, and other stakeholders on liability management transactions, out-of-court restructurings, Chapter 11 filings, and distressed M&A across a wide range of industries.

Most recently, Michael helped build a highly regarded restructuring practice at GLC Advisors (GLCA), an independent boutique investment bank. Prior to GLCA, Michael was a Director in the Restructuring and Growth Capital Groups at UBS in San Francisco, focusing on restructuring of distressed debt, new issuance of bank loans and high yield bonds, and M&A transactions, and covering financial sponsors. Before joining UBS, Michael was an Associate in the Restructuring Group of Donaldson, Lufkin & Jenrette (DLJ) / Credit Suisse First Boston in San Francisco. He began his investment banking career as a generalist at DLJ in Los Angeles.

Select transactions include:

• Alpha Media Ad Hoc Group of OpCo and HoldCo lenders on $270mm prepackaged Chapter 11 restructuring
• Boyd Gaming on its potential distressed acquisition of Station Casinos and Borgata’s $190mm property tax dispute with Atlantic City
• Brookstone on its $195mm Chapter 11 restructuring
• Caesars Entertainment Ad Hoc Group on $240mm pre-petition exchange offer and Ad Hoc Group on $18bn Chapter 11 restructuring
• Guitar Center Ad Hoc Group on $1.3bn Chapter 11 restructuring
• iHeart Communications Ad Hoc Group on $22bn Chapter 11 restructuring
• Innophos Ad Hoc Group of OpCo and HoldCo bondholders on $450mm exchange offer
• Landsbanki (Iceland) on its $23.2bn restructuring
• Mashantucket (Foxwoods) Ad Hoc Groups (3) of bondholders on $2.0bn restructuring
• Sandvine (now AppLogic Networks) Ad Hoc Group on $515mm restructuring
• Toys “R” Us Ad Hoc Group on $850mm “Taj” pre-petition exchange offer and Ad Hoc Group on $5.2bn Chapter 11