Representation of financial institutions in national retail bankruptcies, including Clothestime Stores, Inc., Homeland Stores, Inc., Fine Furniture, Inc., Retail Concepts, Inc., Babbages, Inc. (NeoStar, Inc.), Old America, Inc., and CompuAdd, Inc.
Representation of numerous purchasers of assets out of bankruptcy proceedings.
Representation of creditors in connection with enforcing their rights and remedies against discrete items of collateral in bankruptcy proceedings in numerous business contexts in litigation involving the automatic stay, adequate protection (use of cash collateral), appointments of Chapter 7 and Chapter 11 trustees, disclosure statement and confirmation hearings, extensive valuation and feasibility contests, and fraudulent conveyance and preference defense litigation.
Representation of commercial lessors in national retail bankruptcies and the bankruptcies of manufacturing and distribution companies.
Representation of hedge funds in acquisition of distressed debt and thereafter collection on same in bankruptcy proceedings or out-of-court workouts throughout the United States.
Served as lead counsel in connection with a US$140 million workout of a syndicated loan provided to a conglomerate of health care companies, secured primarily by the accounts receivable, cash deposits, inventory, equipment, books and records, and equity interests of approximately 50 affiliated loan parties of the borrower.
Represented a global asset-based lender in connection with its second-largest loans and charter agreements with a leading provider of maritime transportation services, which emerged from bankruptcy after two years, resulting in the complete assumption of all of the client’s debt and executory contracts.
Representation of lenders to nursing homes and health care facilities in connection with the restructuring of their loans.
Represented a multinational financial services company as senior secured creditor in connection with numerous forbearance agreements with an oilfield service company.