Job Details

Paralegal, Restructuring

Company name

Organization Type

Law Firm

Job Type

Legal Staff

Date Last Verified

Jun 08, 2021

Valid Through

Sep 21, 2021

Posted on

May 08, 2021

Years of Experience

Min 3 yrs required

Location

Santa Monica, CA, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Finance >> Finance - Structured Finance
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Profile

Paralegal, Restructuring
The candidate will be working heavily with the distressed debt trading group. Will utilize their own working knowledge and understanding of the distressed world, and will also be working on state and federal court bankruptcy processes and procedures to deliver quality legal services to clients. Perform a wide array of tasks, including assisting working with ClearPar, and drafting of all LSTA documents including Purchase and Sale Agreements, Assignment Agreements, Master Participation Agreements, and Netting Agreements. Work on claims trading and equity transactions. Work with litigation financing clients and drafting documentation related to the same. Research debtor's company background to identify officers, directors, major creditors, major litigation, other assigned matters. Review Local and Federal Bankruptcy Rules, as well as administrative orders, to assure that filings are in proper form and order. Utilize PACER to prepare electronic filing of pleadings. Review cite form in pleadings for completeness and accuracy in accordance with Blue Book. Assist with the production of debtor's petition, schedules, and statement of financial affairs, 20 largest unsecured creditors, equity holders, and related first-day filings. Draft pro hac vice for attorneys not admitted to the bar in the state of the court proceeding. Craft notices of stay in various pending litigation involving the debtor. Assist with drafting complaints and related pleadings, including discovery, in connection with various adversary matters. Conduct Uniform Commercial (UCC) searches and real property searches to confirm the status of liens on property and/or equipment. Examine and, if necessary, obtain public records relevant to the facts of the lawsuit.

Qualification and Experience

The candidate should have a bachelor's degree or comparable work experience. Must have 3+ years of restructuring paralegal experience, with a possible focus on distressed debt trading. Must have worked with Loan Syndications and Trading Association (LSTA) transactions, equity claims, and Par and distressed. A paralegal certificate from an ABA-approved program is preferable. Licensure as a Notary Public preferred. Working knowledge of US Bankruptcy Code and the court procedures, Delaware General Corporate Law, New York Business Corporate Law, and California Corporations Code. An understanding and previous application of the local rules regarding bankruptcy administrative filings. Must have the ability to prioritize and organize multiple tasks in a dynamic working environment. Strong time management skills and a desire to work in a dynamic, collaborative environment are essential. Be attentive to details, have flexibility with your work schedule, and have demonstrated excellent verbal and written communication skills. Excellent computer skills including proficiency in Microsoft Office. Must meet the qualifications, including compliance with the continuing education requirements, as set forth in the California Business and Professions Code, Section 6450 et seq.

Additional info

Job ID: 887SM. Submit resume and cover letter. No phone calls, please.

Company info

Hiring Coordinator
Orrick Herrington & Sutcliffe LLP
631 Wilshire Boulevard
Suite 210
Santa Monica, CA 90401

Review:

"A Last Hope Firm "

Current Employee - Reviewed on December 16, 2017

Keep new people on standard hours and instead offer overtime for the first week or two if they stay extra for training.

Pros : If you have no other choice in place to work this place will be nearly on par with other places.
Cons : You will be expected to work long hours during your first few months until they trust you enough that you understand your job.
Current or former employee? : Current Employee

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