Our experience and innovative problem-solving approach results in our continual engagement by troubled companies to lead them through out-of-court restructurings and Chapter 11 cases, helping them with all facets of reorganization proceedings, including debtor-in-possession financings, exit financings, Section 363 asset sales and plans of reorganization. We have represented companies in a multitude of industries, including airline, healthcare, energy, entertainment, manufacturing, real estate, retail, service industries, technology, and transportation, among others. We often act on behalf of our private equity clients where portfolio companies are in need of restructuring.
Representation of the world's second largest commercial printer in cross-border restructuring, obtaining confirmation of a stand-alone plan of reorganization in the US and Canada.
Representation of airline in its second restructuring under Chapter 11, addressing, among other things, complex labor litigation and aircraft finance issues, and culminating in a merger with America West Airlines.
Representation of client in its successful Chapter 11 (SDNY). 4Kids was an entertainment and media company that managed licensing, broadcast and merchandising rights to popular children’s titles. The case was recognized as one of T&W’s “Most Successful Restructurings of the Year” in 2012. While in bankruptcy, 4Kids prevailed in a “bet-the-company” litigation brought by a group of licensors that sought to terminate 4Kids’ most valuable license. 4Kids subsequently negotiated a favorable settlement of remaining litigation claims; conducted an auction through which it sold the license and other operating assets to two separate buyers in a unique joint transaction; and confirmed a plan of reorganization that paid creditors in full, preserved significant NOLs and reorganized the company around its sports licensing business.
Representation of a Los Angeles-area hospital in its restructuring under Chapter 11 in the Central District of California.
Acted as special environmental/bankruptcy counsel to G-1 Holdings with respect to substantial environmental claims asserted by the US government.