Creditor Committee Representations

We are well-known for our industry-leading experience guiding official creditors’ groups through the bankruptcy process and developing creative solutions to help unsecured creditors maximize their recoveries. We are well-versed in finding ways to bridge gaps among diverse and often-divergent constituencies that include trade associations, bondholders, unions, trustees, the Pension Benefit Guaranty Corp. (PBGC) and pension funds. Our lawyers are adept at addressing each constituent’s unique issues; harmonizing the various committee members’ interests; facilitating global settlements of significant intercompany and interestate issues; crafting practical, consensual solutions to seemingly intractable conflicts; and litigating unresolved issues to maximize and protect value when necessary.   

Representing official committees of unsecured creditors across industries that include automotive, coal, financial, oil and gas, paper, food services, and telecommunications, throughout the years we have played a leading role in the bankruptcies of companies that include:

• Toys "R" Us
• Seadrill Ltd.
• CHC Group Limited
• NII Holdings (Nextel International)
• Capmark Financial
• Hostess Brands
• Smurfit-Stone Container Corp.
• Cooper-Standard Holdings
• Dana Corp.
• Arch Coal
• Residential Capital LLC (GMAC Mortgage)
• Patriot Coal
• Chrysler
• General Motors
• Magna Entertainment 

Repeatedly recognized as a leader in the field, our team was awarded M&A Advisor’s 2017 Turnaround Award Restructuring Deal of the Year for our representation of the official committee of unsecured creditors in Arch Coal. Our work on behalf of the official committee of unsecured creditors in the NII Holdings (Nextel International) case earned us the Turnaround of the Year award ($2.5 billion and above) from Global M&A Network in 2015.