Supreme Court Strikes Down IEEPA Tariffs: What the Decision Means for Tariff Payers and Refund Claim Buyers
3 minute read | February.21.2026
Of Counsel
New York
Amy Pasacreta is of counsel in Orrick’s Restructuring Group, advising financial institutions, investors and market participants on the purchase, sale and enforcement of traded claims and other distressed assets.
She advises investment banks, broker-dealers, hedge funds and other financial institutions on legal issues related to the purchase and sale of domestic and international par and distressed assets, including bilateral and syndicated loans, loan participations and derivative structured products. She also advises importers and investors on the purchase and sale of tariff refund claims and writes and speaks frequently on the topic. Amy also works with clients to structure deals involving preference, administrative and unsecured trade claims and assists clients in enforcing their rights in the bankruptcy case after the claims are purchased. She represents buy side and sell side clients in connection with private transfers of debt and equity securities, special situations investments, and transactional matters relative to in-court and out-of-court restructurings.
Amy has deep industry relationships and extensive experience negotiating bespoke documentation under the LSTA and LMA regimes. She regularly works on cross-border transactions spanning Europe, Asia, Latin America and the United States and coordinates teams across the firm to execute transactions efficiently. She is an active member of the industry’s loan associations and frequently provides training for in-house counsel and operations teams at financial institutions.
3 minute read | February.21.2026
2 minute read | January.12.2026