MVA Experience- Bankrupcy & Financial Restructuring- Bankrupcty
Representative Bankrupcy matters include:
Lenders
- In re Smith Mining and Materials (Ky.). Represented senior secured lender with $16 million of secured claims in bankruptcy case of a sand and gravel mining operation in Southern Indiana and Western Kentucky.
- In re US Airways (Va.). Represented agent for syndicate of lenders, including Air Transportation Stabilization Board. Also represented a hub airport concerning the bankruptcy treatment of the airline’s gate leases, as well as other issues.
- In re Crown Pacific (Ariz.). Represented agent for lender syndicate with $220 million in exposure in negotiating creditors’ plan.
- In re Transcare Corporation, et al. (N.Y.). Represented senior secured creditor in conversion of claims into a combination of secured debt and equity in the reorganized debtors.
- In re Meadowcraft, Inc. (Al.). Represented agent for lender syndicate with over $150 million of debt exposure, including negotiating confirmed refinancing chapter 11 plan.
- In re Centennial Healthcare (Ga.). Represented co-agent for lender syndicate with over $200 million of debt and synthetic lease exposure, including negotiating confirmed liquidating chapter 11 plan.
- In re PWG USA, LP (S.C.). Represented senior secured lender in transition and sale of second-tier auto supplier in non-judicial workout and involuntary bankruptcy.
Other Creditors
- In re Hancock Fabrics, Inc., et al (Del.). Representing lessor in matters pertaining to debtor’s assignment of real estate leases.
- In re Dana Corp., et al. (N.Y.). Defended supplier sued for refusal to provide trade credit to debtors. Assisted creditors with sale of unsecured claims.
- In re Delphi Corporation, et al. (N.Y.). Assisted clients with the negotiation of post-petition supply agreements with the debtors.
- In re Athlete’s Foot LLC (N.Y.). Representing lessor in matters pertaining to debtor’s assignment of real estate leases.
- In re KB Toys. (Del.). Represented lessor in matters pertaining to debtor’s assignment of real estate leases.
- In re NEGT Energy Trading-Power, L.P. (Md.). Continuing representation of one of the largest unsecured creditors, which is also chair of the creditors’ committee.
- In re Ameritex Yarn, LLC. (N.C.). Serving as counsel for the unsecured creditors committee.
- In re Enron (N.Y.). Represented utility supplier and purchaser in negotiation and recovery of $9.5 million contract rejection claim.
- In re Mirant (Texas). Represented utility in negotiation and recovery of $107,500 contract rejection claim.
- In re Worldcom (N.Y.) Represented counter-party in contract assumption and claim resolution.
- In re Doyle Electrical Construction Corp. (S.C.). Represented Chapter 7 trustee in efforts to collect accounts receivable owed to debtor.
- In re Brakefield Construction Company, Inc. (S.C.). Represented unsecured creditors' committee and assisted in obtaining a distribution to general unsecured creditors in excess of fifty percent (50%).
Debtors
- In re Southaven Power, LLC (N.C.). Serving as local counsel for debtor in its Chapter 11 reorganization. Debtor owns an 810 megawatt natural gas generating facility.
- In re Nobex Corp. ( Del). Served as special counsel to debtor for sale of intellectual property and other assets.
- In re J.A. Jones, et al. (N.C.). Served as local counsel for large construction conglomerate in their Chapter 11 liquidation.
Buyers
- In re Harriet & Henderson Yarns, Inc. (N.C.). Represented the buyer in the purchase of assets from the debtor’s bankruptcy estate.
- In re Birmingham Steel Corp. (Del). Represented the buyer in the purchase of $600 million of assets from the debtor’s bankruptcy estate.
- In re York Research, LP (N.Y.). Represented limited partner in acquisition of controlling interest of alternative energy supplier.
