Experience

• Select Debtor Representations

  • ICON Aircraft in its filing for Chapter 11 protection in Delaware, citing more than $170 million in debt.
  • Impel Pharmaceuticals and one of its subsidiaries in their Chapter 11 cases.
  • Tricida in its restructuring, recognized as the “Healthcare/Life Sciences Deal of the Year” at The M&A Advisor’s 22nd annual M&A Advisor Awards in 2023.
  • Ventec Life Systems in its sale to ReactHealth, recognized as the “Healthcare/Life Sciences Deal of the Year” at The M&A Advisor’s 21st annual M&A Advisor Awards in 2022.
  • Wave Computing in its Chapter 11 sale to an affiliate of Tallwood Venture Capital, recognized as the “Information Technology Deal of the Year” at The M&A Advisor’s 15th annual Turnaround Awards in 2021.
  • A California-based oil & gas producer in an out-of-court restructuring of its $300 million capital structure.
  • Woodbridge Group of Companies, Natrol and The Standard Register Company in each of their Chapter 11 cases.
  • Lake at Las Vegas in debtor-in-possession financing and other transactional matters in the restructuring of close to $1 billion in debt on a Las Vegas real estate development.
  • ResMAE Mortgage Corporation for ResMAE’s asset sale under Section 363 of the Bankruptcy Code and debtor-in-possession financing.
  • Several nationally recognized homebuilders in out-of-court restructurings of their credit facilities.
  • Credit Managers Association in its capacity as Assignee for the benefit of creditors of Westinghouse Digital Electronics.

• Select Investors in Distressed Assets Representations

  • Accor in the Chapter 11 case and restructuring of the San Jose Fairmont in the United States Bankruptcy Court for the District of Delaware and in arbitration with the owner of the Fairmont San Jose.
  • Fortress Investment Group in the restructuring of the historic and architecturally renowned estate in Beverly Hills, California, known as the “Beverly House,” which has been used as a filming location for a variety of classic films, including The Godfather.
  • Former offices and directors in the Chapter 7 case of Education Management Corporation (EDMC), the second largest for-profit education company in the country, in litigation seeking to recover more than $200 million.
  • Macquarie Bank and Macquarie Securities (USA), Credit Suisse, Armory Credit Opportunity Fund, Capstone Equities, Lateral Investment Management, PDL Biopharma and Creo Capital Partners, in a variety of investments.
  • Macquarie Bank, as chair of the Official Committee of Unsecured Creditors in Relativity Media chapter 11 case.
  • Credit Suisse, as a member of the Official Committee of Unsecured Creditors in the People’s Choice Home Loan bankruptcy.
  • KS Automotive, as a member of the Official Committee of Unsecured Creditors, in the Chapter 11 case of auto parts manufacturer, Plastech.
  • SK Telecom Americas in its bid for the assets of Blockbuster Video.
  • Contec in its acquisition of the PowerBalance through a sale conducted pursuant to Section 363 of the Bankruptcy Code.
  • Ernst & Young, in its capacity as independent consultant to one of the nation’s largest residential mortgage servicers, in evaluating the servicer’s compliance with Federal bankruptcy laws.

• Select Transactional Engagements

  • Curevo in the receivership of the Infectious Disease Research Institute (IDRI) now known as Advanced Access to Health Institute, which was awarded the Turnaround Management Association “Non-Profit Transaction of the Year” Award for 2022.
  • Paulson & Co. in their successful stalking horse bid for the western states assets of TOUSA Homes and certain of its affiliated debtors.
  • Chriscott USA in closing their successful purchase of the assets of Barzel Industries, a major steel tubing manufacturer with operations in the United States and Canada.
  • Vail Resorts in several acquisitions of western-states resort properties.
  • Controlling noteholders in exercising remedies in privately held $300 million manufacturing and distribution company.
  • Holder of secured debt issued by manufacturing company in an effort to force sale of company to third-party acquirer.
  • Defaulting debtor, in foreclosure efforts by lender group.
  • MIPS Holding in its merger with GlobalFoundries.
  • Performance Investment Partners in its acquisition, in partnership with Kingswood Capital Management, of The Vitamin Shoppe from the bankrupt Franchise Group.
  • Outset Medical in the issuance and sale of an aggregate of 843,908 shares of its Series A Non-Voting Convertible Preferred Stock at a price of $200.00 per share.
  • OMERS Life Sciences in the $650 million strategic financing of Verona Pharma together with funds managed by Oaktree Capital Management consisting of up to $400 million in term loans and up to $250 million in funding from the sale of a redeemable capped interest in future ensifentrine-related revenue.