Michele Nudelman represents private credit funds, institutional lenders, alternative asset managers and borrowers in a wide range of complex financing transactions, with a focus on private credit, special situations, and cross-border lending. She advises clients across the capital structure—structuring, negotiating, and executing bespoke financing solutions including leveraged buyouts, distressed debt, and restructurings.
Michele has significant experience in debtor-in-possession and rescue/bridge financings, out-of-court restructurings, and multi-tranche and multi-lien structures, often involving cross-disciplinary and multi-jurisdictional components. Her practice spans industries such as energy, retail, technology, and manufacturing, and often centers on transactions requiring creative, credit-driven structuring and deep industry insight.
Recent representative work includes acting for WhiteHawk Capital Partners in connection with a US$1.5 billion asset-based financing to support the acquisition of Family Dollar Stores (from Dollar Tree Inc.) by newly-formed acquisition vehicles of Brigade Capital Management, LP and Macellum Capital Management, LLC, acting for the ad hoc group of secured lenders including Whitebox Advisors, BlackRock and Highbridge Capital in the Chapter 11 cases for Vertex Energy, Inc., to negotiate and execute debtor-in-possession (DIP) financing consisting of US$80 million in new money plus US$200 million roll-up financing and acting for BowFlex Inc., a global marketer, developer, and manufacturer of health and fitness equipment that was sold under several canopy fitness brands, including BowFlex, Nautilus, Schwinn and JRNY in their Chapter 11 liquidation plan including a US$37.5m sale of substantially all of their assets.
Michele has been recognized by Chambers USA (2025) in Banking and Finance – New York, by Best Lawyers: Ones to Watch in America® (2026) for Leveraged Buyouts and Private Equity Law, and among the 2024 “Women in Secured Finance” by The Secured Lender. She received her J.D./M.B.A. from Washington University in St. Louis, where she was the Business Track Winner in the Harvard Business School Business Plan Contest.
Partner
Michele A. Nudelman
- Global Finance
Experience
- Representative Matters
- An ad hoc group of secured lenders in Vertex Energy, Inc., et al., a leading energy transition company and marketer of high-quality refined products in their Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas. Secured a restructuring support agreement for the ad hoc group of prepetition lenders, which provided debtor-in-possession (DIP) financing consisting of US$80 million in new money plus US$200 million roll-up financing.
- BowFlex Inc., a global marketer, developer, and manufacturer of health and fitness equipment that was sold under several canopy fitness brands, including BowFlex, Nautilus, Schwinn and JRNY. Successfully obtained court approval and confirmation of their Chapter 11 liquidation plan in the U.S. Bankruptcy Court for the District of New Jersey. The confirmation of BowFlex’s Chapter 11 plan followed a US$37.5m sale of substantially all of their assets.
- WhiteHawk Capital Partners in connection with providing financing to newly formed acquisition vehicles of Brigade Capital Management, LP and Macellum Capital Management, LLC.
- Funds affiliated with Whitebox Advisors, ATW Partners, Wazee Street Capital Management, Morningside Ventures, Highbridge Capital Management, in the bankruptcy proceedings of Rockley Photonics Holdings Limited, resulting in the debt for equity exchange of their secured debt holdings and in their provision of exit financing to the debtor.
- Whitebox Advisors and other investors in the financing of the acquisition of a conventional oil refinery in Mobile, Alabama and the funding for its conversion to renewable diesel by Vertex Energy, Inc.
- Great American Capital Partners in connection with a FILO term loan to Vitamin Shoppe.
- Great American Capital Partners as administrative agent and lender in connection with acquisition financings for Franchise Group, Inc.
- WhiteHawk Capital Partners LP, as administrative agent and collateral agent, in connection with a US$116 million secured asset-based term loan facility with crossing liens and third lien debt to a manufacturer in the automotive industry.
- Nautilus, Inc. and its subsidiaries, a worldwide marketer, developer, and manufacturer of fitness equipment, as borrower, in a US$30 million secured term loan credit facility with Crystal Financial SPV LLC, as a lender and Crystal Financial LLC d/b/a SLR Credit Solutions, as agent.
- IAA, Inc., as borrower, in connection with the refinancing of an existing revolver and term loan with a new revolver and term loan facility.
- New Sbarro Finance, Inc., as borrower, in connection with a secured term loan credit facility.
- EQT Private Equity and PRO Unlimited in connection with PRO Unlimited’s acquisition of Workforce Logiq.
Capabilities
SERVICES AND INDUSTRIES
- Aviation and Airlines
- Global Finance
- Asset-Based Lending
- Borrower Representations
- Distressed M&A
- Hedge Funds and Other Investment Funds as Credit Providers
- Hybrid Capital and Special Situations
- Liability Management
- Private Credit
- Specialty Finance
- Structural Optimization
- Syndicated and Leveraged Finance
- UCC/Commercial Law
- Workouts and Restructurings
News & Insights
Credentials
Admissions & Certifications
- U.S. District Court, E.D. of New York
- U.S. District Court, S.D. of New York
- New York
Education
- Washington University School of Law, J.D., MBA, 2009 (Scholar in Law, Dean's Scholar)
- Dartmouth College, B.A., 2005