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Contact Garrett

3400 U.S. Bancorp Tower
111 S.W. Fifth Avenue
Portland, OR 97204
T: 503.205.2631

Garrett S. Ledgerwood

Senior Counsel

Garrett Ledgerwood focuses his practice on bankruptcy and creditors’ rights, including all aspects of the restructuring of financially distressed businesses and representation in senior secured, ABL, and mezzanine financings. Garrett represents lenders and creditors in bankruptcy, collection actions, loan modifications and workouts, nondischargeability proceedings, foreclosures, and receiverships, as well as borrowers in a variety of financing transactions. He also represents creditor committees, lenders, and third-party purchasers in chapter 11 cases, including in connection with bankruptcy sales, debtor-in-possession and exit financing, workouts, and plan negotiation and formulation.

Before joining Miller Nash Graham & Dunn, Garrett practiced at a boutique law firm in Eugene, Oregon, specializing in business law. He also gained extensive experience in representing multinational commercial banks, private equity lenders, and hedge funds in insolvency and commercial lending transactions during his time at a large international law firm on Wall Street.

Representative Experience

  • Represented Oregon-based manufacturer in connection with $15 million asset-based lending facility.
  • Represented Oregon-based steel producer in connection with $10 million asset-based lending facility.
  • Represented Oregon-based manufacturer in connection with $20 million mezzanine financing.
  • Successful defense of Oregon-based manufacturer in connection with multimillion-dollar veil-piercing, alter-ego suit brought by bankruptcy trustee (Bankr. W.D. La., Case No 17AP-01004).
  • Represented Oregon commercial bank in connection with workout of multimillion-dollar credit facility.
  • Represented Washington-based financial institution in connection with multimillion-dollar collection action against distressed property developer (Bankr. D. Or., Case No. 10-60244).
  • Represented distressed debt acquisition fund in connection with receivership of Washington-based casino (Cowlitz Ct. Sup. Ct., Case No. 17-2-00039-7).
  • Represented ad hoc committee of senior secured lenders holding more than $100MM in secured debt in out-of-court and in-court restructuring of Penson Worldwide, Inc. (Bankr. D. Del., Case No. 13-10061).
  • Represented ad hoc committee of secured lenders holding more than $100MM in secured debt in out-of-court restructuring of privately held defense contractor, including representation in connection with debt-for-equity swap, exempt securities issuance, and new debt financing.
  • Represented prospective stalking-horse bidder in In re LightSquared, Inc. (Bankr. S.D.N.Y., Case No. 13-12080), in connection with $1BB+ bid for the acquisition of substantially all of LightSquared’s assets.
  • Represented bidder in In re Revel Casino (Bankr. D.N.J., Case No. 14-22654) in connection with bid for substantially all of the assets of the Revel Atlantic City Casino.
  • Represented certain equity holders of Tribune Company in multibillion-dollar fraudulent conveyance action commenced by certain of Tribune’s pre-bankruptcy noteholders and litigation trustee.