Tyler Nurnberg has 30+ years of experience representing clients in all aspects of corporate restructurings, bankruptcies, and related litigation. He has played significant roles in high profile matters throughout the United States and in cross-border insolvency proceedings. He is a key leader of Arnold & Porter’s Bankruptcy and Restructuring group, which has consistently been recognized as one of the top bankruptcy and restructuring practices in the country.
Tyler’s clients include lenders, asset managers, private equity funds, hedge funds, steering groups, bondholders and other creditors. He also regularly advises financially distressed companies and their equity owners, boards of directors, special committees, and directors. He has broad experience in a variety of industries, including retail, manufacturing, food & beverage, media, telecom, finance, transportation, energy, oil & gas, automotive, airline, apparel, healthcare, construction, steel, mining, hospitality and real estate. He also frequently represents clients in the purchase of distressed companies or assets in out-of-court transactions and “363 sales” in Chapter 11 cases.
Tyler has been recognized in Chambers USA every year since 2013, where he was recently described as a leading lawyer who “cuts to the chase, sees the big picture and can get a lot of different parties with competing interests on the same page. He’s very good at building consensus and seeing through all of the noise and dust to find the common ground.”
Tyler manages Arnold & Porter’s Chicago office and serves on the firm’s Policy, Compensation and Lateral Committees. He is admitted to practice in Illinois and New York.
Experience
- Independent Directors of Del Monte Foods, the global canned fruit and vegetable giant, in connection with the company’s Chapter 11 cases (D.N.J.).
- Borden Dairy, the iconic dairy processor with annual revenues in excess of $1.4 billion, in its successful Chapter 11 cases (D Del). Borden sold its assets to an investment firm following a 10-day competitive "virtual" auction, one of the first of its kind, at the height of the pandemic.
- Liberty Tire, the premier provider of recycling in the US and Canada, in its out-of-court restructuring, recognized as "Out-of-Court Restructuring Deal of 2015" by The M&A Advisor. Liberty restructured its secured debt through an exchange and consent solicitation process that featured the option to toggle to a “prepackaged” chapter 11 case if necessary (SDNY).
- 4Kids, which managed broadcast and merchandising rights to Pokemon, Yu-Gi-Oh!, Teenage Ninja Mutant Turtles, and other popular children's titles, in its Chapter 11 (SDNY), recognized as one of the "Most Successful Restructurings of 2012" by Turnarounds & Workouts.
- Acme Lift Company, the national construction company that specializes in lifts and earthmoving equipment, in its out-of-court restructuring and related litigation (SDNY).
- JHT Holdings, a national truck delivery service, in its Chapter 11 case, where a contested plan was confirmed in 120 days (D Del), and in a subsequent sale of the company to investors.
- GSC Group, which managed a large portfolio of equity, mezzanine loan, and distressed funds and CLOs with $28 billion AUM, in its Chapter 11 case (SDNY).
- MAAX Corp., the bath fixture manufacturer, in connection with its cross-border proceedings in Canada (CCAA) and the US (D Del); assets successfully sold to global investment firm.
- InterBank Funds, represented SEC receiver in cases managed jointly by the US District and Bankruptcy Courts (SDNY) in connection with the six-year wind-down of the diverse portfolio of operating companies managed by failed investment funds based in Washington, D.C.
- Employbridge, a national provider of staffing solutions based in Atlanta, GA, in its out-of-court restructuring; where the business successfully sold to private equity firm.
- PDM Bridge, a fabricator of steel components for bridges, in its out-of-court restructuring and sale to a distressed investor through a consensual foreclosure process.
- Muvico Theaters, a national chain of luxury movie theaters, in its successful out-of-court restructuring; business was sold to private equity firm.
- SEC-appointed receiver in six-year wind-down and related litigation involving InterBank Funds, a group of failed investment funds (SDNY).
- Counseled large OEM on mass tort issues relating to defective airbags.
Perspectives
Recognition
Credentials
Education
- J.D., Northwestern University, 1994
- B.S., Finance, University of Illinois, 1991, high honors
Admissions
- Illinois
- New York
- U.S. District Court, Northern District of Illinois
- U.S. District Court, Eastern District of Michigan
- U.S. District Court, Western District of Michigan
- U.S. District Court, Western District of Wisconsin
- U.S. District Court, Southern District of New York
Clerkships
- United States Bankruptcy Court, N.D. Illinois