• Nathaniel Allard works on corporate restructuring and bankruptcy matters. As a member of the core bankruptcy team, Nate assists in the representation of the Official Committee of Unsecured Creditors in the bankruptcy cases of Toys “R” Us Inc. and certain of its direct and indirect subsidiaries.

    Nate recently assisted in the representation of an ad hoc group of institutions holding approximately $3.6 billion in first-lien bonds issued by Caesars Entertainment Operating Co. (owner and operator of Caesars Palace and 30 other casinos and resorts under the Bally’s, Harrah’s and Horseshoe brands, among others) in connection with the bankruptcy of the company.

    Nate assisted in the representation of the Official Committee of Unsecured Creditors in the bankruptcy of Residential Capital, a wholly owned subsidiary of Ally Financial Inc. the largest bankruptcy of 2012. Post-confirmation, Nate assists in representing of the ResCap Liquidating Trust in connection with the resolution of disputed claims and advises on general corporate matters.

    Experience

    • Toys “R” Us  Assist in the representation of the Official Committee of Unsecured Creditors in the bankruptcy cases of Toys “R” Us Inc. and certain of its direct and indirect subsidiaries. The company is the world’s leading dedicated toy and baby products retailer, with nearly 65,000 employees worldwide and approximately 1,900 locations in 38 countries. Burdened by more than $5 billion of financial debt, the company sought Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of Virginia, Richmond Division, on Sept. 18, 2017. The nine-member committee consists of LEGO Systems Inc., Mattel Inc., Huffy Corporation, The Bank of New York Mellon, Simon Property Group Inc., KIMCO Realty, Evenflo Company Inc., Veritiv Operating Company and Euler Hermes North America Insurance Co.

    • Caesars Entertainment – Assist in the representation of an ad hoc group of institutions holding approximately $3.6 billion in first-lien bonds issued by Caesars Entertainment Operating Co. (owner and operator of Caesars Palace and 30 other casinos and resorts under the Bally’s, Harrah’s and Horseshoe brands, among others) in connection with the bankruptcy of the company.

    • Residential Capital – Assist in the representation of the Official Committee of Unsecured Creditors in the largest bankruptcy of 2012. The committee played a key role in the process of selling ResCap’s residential mortgage servicing and origination business and its loan portfolio and also led the negotiation of a $2.1 billion settlement between Ally Financial, ResCap and its major creditor constituencies. The Chapter 11 plan, co-proposed by the committee, was confirmed after a two-phase trial lasting more than ten days.

    • Residential Capital – Assist in the representation of the ResCap Liquidating Trust in connection with the resolution of disputed claims and advising on general corporate matters post-confirmation.

    Credentials

    Education

    • J.D., Columbia Law School, 2012
      • Harlan Fiske Stone Scholar
      • Staff Member, Columbia Business Law Review
      • American Constitution Society Moot Court Competition
    • A.B., Princeton University, 2002

    Bar Admissions

    • New York, 2013