Scott J. Vail
Counsel
Areas of Focus
- Special Situations
- Private Credit
- Private Equity Transactions
- Mergers & Acquisitions
- Corporate Governance
- Financial Restructuring
- Corporate & Finance
- Investment Management
- Private Equity
- Private Capital
Scott Vail’s practice focuses on private equity, special situations and distressed M&A transactions.
Scott represents investment funds, asset managers and public and private companies on transactional matters and other complex business transactions, including private equity investments, cross-border merger and acquisition (M&A), divestitures of subsidiaries and business segments, structured preferred equity financing, warrants, equity co-investments and other strategic transactions across a broad range of industries.
He has significant experience representing public and private companies, investment funds and lenders in the corporate and transactional aspects of in- and out-of-court restructurings, including Section 363 sales, debt for equity exchanges and reorganized company corporate governance.
Prior to joining Akin, Scott was an associate in the special situations and private credit group of another international law firm based in Boston.
- Represented an investment fund with over $35 billion assets under management (AUM) in its $75 million purchase of Series A Preferred Stock in Mondee (NAS: MOND), a travel technology company and marketplace with a portfolio of leisure and corporate travel sectors.
- Represented an ad hoc group of first and second lien lenders of CHC Group LLC, the global rotary wing aviation services provider, with respect to, among other things, approximately $100 million of new money financing and an out of court exchange involving up to approximately $500 million of existing first and second lien debt.
- Represented an ad hoc group of first lien lenders of K&N Engineering, Inc., a leading consumer-branded designer, manufacturer and marketer of high performance automotive and power sports aftermarket parts, in a $60 million new money financing in connection with its out of court restructuring of approximately $415 million of funded indebtedness.
- Represented an ad hoc group of senior secured lenders to Westmoreland Coal Company, with respect to an out-of-court restructuring and spin-off of an environmental, social and governance (ESG) business.
- Represented FB Debt Financing Guarantor, LLC and certain of subsidiaries (Forma Brands), a builder of top beauty brands including Morphe®, Morphe 2®, Jaclyn Cosmetics® and Born Dreamer®, in their chapter 11 cases to address approximately $870 million of funded indebtedness, facilitate a going-concern 363 sale transaction for substantially all assets, and resolve numerous complex licensing and potential litigation issues.
Education
- J.D., University of Illinois College of Law, magna cum laude, 2016
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B.S., Butler University, 2012
- Division 1 Scholar Athlete
- J.D., University of Illinois College of Law, magna cum laude, 2016
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B.S., Butler University, 2012
- Division 1 Scholar Athlete
Bar AdmissionsIllinois
Massachusetts
New York
Illinois
Massachusetts
New York
- Associate Editor, Norton Journal of Bankruptcy Law & Practice.