Experience  /  Restructuring & Creditors' Rights

Representative Transactions

Represented New York Timber, LLC, a large supplier of lumber, as the successful sponsor of Plan of Reorganization in Chapter 11 proceedings of M. Fine Lumber Co., a vintage lumber business operating in New York City for over 70 years.

Represented Asia Netcom Corporation Limited, a telecommunications network infrastructure operator, in the Chapter 11 reorganization proceedings of Pacific Crossing, Ltd. and its affiliates.

Represented GlobalServe, Inc., a leader in international IT life cycle management for multinational corporations, in a restructuring of its outstanding indebtedness to MMV Financial, a Toronto-based specialty finance company whose partners include Wells Fargo & Company and HSBC Bank Canada, and a related investment in subordinated convertible debt securities of GlobalServe, Inc. by existing and outside investors.

Represented senior executives in connection with the assertion and enforcement of such senior executives’ claims against, and the protection of such senior executives’ right in Chapter 11 reorganization of Asia Global Crossing Ltd.
Represented numerous creditors in the enforcement of claims and counterparties in the assignment of contracts in theLehman Brothers Holdings Chapter 11 proceedings in the United States Bankruptcy Court for the Southern District of New York.

Represented M. Fine Lumber Company, a vintage & specialty lumber company operating in New York City for over 70 years, in the negotiation of Chapter 11 exit financing from Greystone Capital.

Represented senior executives in the assertion of claims in the Chapter 11 reorganization proceedings of Worldcom, Inc.
Represented Metiom, as debtor in possession in bankruptcy in a number of actions against parties that had license disputes with Metiom including VirtualFund, Manugistics, EDS, Lexis Nexis, Common fund, RealPulse.com, CPAtoBIZ, Inc., Motorola, Core-Teck and CBE Services.