Receiver/Receivership

John Ventola, Kevin Simard, Doug Gooding, Sean Monahan

Breadth of Experience     

Broad range of clients:

Boards of directors
Creditors’ committees
Debtors-in-possession
Distressed businesses Insurers   
Licensors
Private equity sponsors
Purchasers
Second lien lenders
Senior secured lenders   
Subordinated lenders
Trade creditors
Trustees

 

Bankruptcy & Restructuring

"an impressive bankruptcy team at both state and federal level ... one-stop shopping"

Chambers USA

Sophisticated Bankruptcy & Restructuring Experience    

Sophisticated company and creditor experience in all areas of corporate restructurings, workouts, distressed asset and debt acquisitions, and insolvency proceedings.

Company-Side and Creditors’ Committees Experts    

Significant company and creditors’ committee bankruptcy representation and company representation in out-of-court restructurings, including:

  • Chapter 11 debtor – Thompson Publishing Company and affiliated debtors bankruptcy, including in connection with Section 363 sales and confirmation of plan of liquidation.
  • Chapter 11 trustee - High Voltage Engineering Corporation and affiliated debtors bankruptcy, including sales of four main business lines yielding over $230 million and 100% dividend to creditors.
  • Creditors’ Committee – Bankruptcy of ACT Manufacturing, a manufacturer with operations in several countries and $1 billion in revenues.
  • Company counsel to Zoots, a national dry-cleaner, in connection with Article 9 sales of its assets to over ten different buyers.

Blue Chip Clients

Represented blue chip clients in connection with DIP/emergence financings, cash collateral hearings, secured party sales, intercreditor disputes, plan confirmation hearings, collateral recovery and out-of-court restructurings:   

Bank of America         
CA, Inc.
Citigroup
G.A. Capital   
Gordon Brothers
Harvard Pilgrim
Hewlett-Packard
John Hancock
Liberty Mutual    
MassMutual (Babson)
NewStar Financial
RBS Citizens, NA
Travelers
Webster Bank
Wells Fargo

  • Represented G.A. Capital in connection with a $55,000,000 debtor-in-possession term loan to Borders, Inc. and its subsidiaries.
  • Represented RBS Business Capital in connection with Article 9 sales of borrowers with operations in New York, California and Colorado.

Bench Strength    

25 lawyers, including comprehensive support team of specialists in finance, major commercial litigation, and employment, tax and real estate law.  Nationally recognized among the leading firms for Corporate Restructuring by The Legal 500 guide to preeminent US law firms.

National/International Reach

Represent clients in courts across US, Canada and other foreign jurisdictions.

Experts in Bankruptcy Related Insurance Matters    

Experts in representing insurers in insolvency/bankruptcy proceedings across US involving asbestos, silica, environmental and workers’ compensation liabilities.

 

 

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