NickBuchta

Associate

Cleveland + 1.216.586.1300

Nick Buchta represents corporate and financial clients in business restructuring and reorganization matters, including chapter 11 proceedings and out-of-court restructurings.

Nick also maintains an active pro bono practice, representing individuals seeking asylum in the United States.

In law school, Nick served on the ACLU of Alaska's editing team for their Prisoners' Rights Guide. He was also voted Duke Law's Most Likely to Win Master Baker and was named the 2017 Gold Circle Award winner by the Columbia Scholastic Press Association for best sports commentary among college journalists nationally.

Experience

  • Nine Point Energy secures trial victory clearing path for successful reorganization through sale of its assetsJones Day is representing an oil and gas exploration and production company, Nine Point Energy, that is the Debtor in a chapter 11 bankruptcy case, leading to the successful ruling from the bench concluding that at least $150 million of the $157 million in liens asserted by Caliber were invalid, thus, clearing the path for the successful reorganization of Nine Point through a sale of its assets.
  • Bank of America amends asset-based revolving credit facility for Commercial Vehicle GroupJones Day represented Bank of America, N.A., as agent and a lender, in connection with an amendment to its asset-based revolving credit facility provided to Commercial Vehicle Group, Inc., a manufacturer of innovative component systems to improve performance, and certain of its subsidiaries.
  • TimkenSteel completes $46 million Convertible Senior Notes offeringJones Day advised TimkenSteel Corporation, one of the world's largest manufacturers of alloy steel bar and tubing, in connection with the exchange of $46 million aggregate principal amount of its outstanding 6.00% Convertible Senior Notes due 2021 for an equal aggregate principal amount of its 6.00% Convertible Senior Notes due 2025.
  • Wells Fargo-led syndicate of lenders successfully negotiate secured $1.1 billion restructuring credit facility for Pennsylvania Real Estate Investment Trust (PREIT)Jones Day represented Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, in connection with the Chapter 11 financial reorganization plan of Pennsylvania Real Estate Investment Trust (“PREIT”), a publicly traded real estate investment trust that owns and manages a portfolio of shopping malls totaling over 23 million square feet of retail space.