- Bankruptcy & Insolvency
We are advising Co-Lead Counsel in the Multi-District Litigation in connection with Stryker B.V.’s $4 billion tender offer for the shares of Wright Medical Group N.V.
Counsel to the liquidation trustee in bankruptcy cases with over a billion dollars of debt. As the United States District Court for the Southern District of Georgia recognized, the cases are “one of the largest filings in this District’s history.”
Retained as insolvency counsel for personal injury plaintiff because defendant’s outside counsel advised plaintiff’s counsel that plaintiff would never recover more than defendant’s $4 million policy. After and as result of our work, defendant agreed to contribute $1.5 million of its own funds for a $5.5 million settlement.
Counsel to large well-known national consulting firm. Settled purported avoidance actions of over $1,250,000 for only $10,000 based on challenges to insolvency and other defenses that would have threatened the avoidance portfolio of trustee of a large hospital.
Counsel to the official committee of unsecured creditors. The committee’s investigation and challenge to the last-out lender’s loan led to a post-conversion settlement.
Debtors’ counsel to publicly traded companies that developed, manufactured, and marketed a broad range of telecom products. Obtained confirmation of chapter 11 plan.
Counsel to the pre-petition and debtor-in-possession lender to largest Vidalia onion grower. Client was repaid in full including fees and interest. Prevailed on district court appeal challenging client’s cross collateralization resulting in only published decision from a court in the Eleventh Circuit allowing cross collateralization.
Counsel to hedge fund secured creditor. Within 45 days of the petition date, obtained stay relief and dismissal of a chapter 11 case of a methane recovery plant debtor.
Co-counsel to the official committee of unsecured creditors. The committee’s investigation led to a $3 million settlement with the directors and officers.
Counsel to defendants of an alleged fraudulent transfer seeking purported actual damages of $7 million connection with the foreclosure of a Belizean island. Obtained a stay of the adversary proceeding based on the international comity of the courts doctrine.
Counsel to a Fortune 30 aircraft manufacturer in connection with recovering numerous aircraft and challenging in the bankruptcy court and appellate courts the establishment of a section 363—as opposed to a plan— litigation trust through which client was sued.
Counsel to the official committee of unsecured creditors. The committee’s investigation led to a pre-suit settlement with a natural gas vendor based on its operational and corporate governance control of the debtor in which the vendor gave up over a million dollars of its $5 million dollar secured claim.
Counsel to the indenture trustee of $90 million of municipal bonds. Successfully opposed the prepetition appointment of a receiver by several large judgment creditors. Postpetiton represented the indenture trustee in what was then the largest chapter 9 case in Alabama history.
Prevailed as debtors’ counsel in expedited hearing on a multi-million dollar perfection dispute involving the lender’s accounts receivable and inventory.