Bankruptcy Litigation
Overview
Bankruptcy, and the ensuing litigation in a bankruptcy proceeding, presents a substantial threat to your business, whether you are a debtor seeking relief under the Bankruptcy Code or a creditor owed substantial sums. To help you navigate the complex issues and conflicts that routinely arise in bankruptcy litigation, and to minimize the risks arising from such litigation—including lawsuits brought by bankruptcy trustees, creditors’ and equity committees, contested confirmation hearings, valuation and allocation disputes, and fraudulent conveyance and preferences actions—you need skilled legal advisors.
Results
- Represented leading investment bank, as the holder of $1.851 billion par value exposure to bonds issued by the Commonwealth of Puerto Rico and its instrumentalities, in connection with out-of-court debt restructuring negotiations and a potential Chapter 9 bankruptcy filing by the Commonwealth.
- Represented Quorum Health Corporation, the leading operator of rural, general acute care hospitals and outpatient services in the United States, in its pre-packaged Chapter 11 cases involving the restructuring of approximately $1.5 billion of funded debt. The successful restructuring took place during the COVID-19 pandemic and ultimately resulted in the successful deleveraging of Quorum’s balance sheet by approximately $500 million.
- Serving as trial counsel in a case filed by bankruptcy trustee representing failed sub-prime lender alleging negligence. Obtained an award from an arbitration panel in Firm’s favor, dismissing claim following three-week hearing.
Key Contacts
