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GML specializes in debt recovery and the trading of debt instruments, both performing and non-performing. In particular we are often able to create a use, and therefore a value, for distressed debs which are considered uncollectable and for which no market exists. GML is especially proud of its expertise in structuring and settling extremely complex and pioneering financial transactions, and works very closely on legal issues and documentation with Sidley & Austin, London, GML’s principal legal counsel and other law firms world-wide. Whilst we structure transactions in widely traded and familiar instruments, GML adds great value with its ability to structure transactions involving mis-priced or poorly understood assets and/or highly structured solutions. There are numerous instances of GML investing months of work and legal expertise in finding the solution to problems of transferring assets from original creditors where previously no hope of such transfer or value recovery existed. GML
is very active in evaluating distressed or illiquid assets for clients
(without any obligation on the part of the client to sell or otherwise
dispose of such assets), in order to provide insights as to the potential
value or use for such assets. As stated above, there have been countless
cases over the years where GML clients held non-performing assets on their
books which they considered worthless, where GML was able to purchase
these assets for cash. For the purposes of evaluating assets held by clients,
GML has developed a two page questionnaire
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