Represented distressed holding company in $30,000,000 divestiture of basketball equipment manufacturing business.
Represented distressed holding company in $15,000,000 divestiture of non-core services business.
Bankruptcy Emergence, Corporate Restructuring and Financing
Represented Chapter 11 debtor in submission of reorganization plan and receipt of $75,000,000 emergence financing.
Commercial Loan Refinancing
Represented the borrower in a $15,000,000 commercial loan refinancing transaction.
Divesture of Business Units By Chapter 11 Debtor
Represented Chapter 11 debtor in the $25,000,000 sale of numerous non-core businesses in court-approved transaction.
Represented a U.S. company with complex U.S., Canadian and Swiss corporate structure in reorganizing as necessary to preserve U.S. tax benefits from pre-Chapter 11 losses.
Bankruptcy – Sovereign Immunity
Certified Territory Dispute (Electric)
Liquidating Trustee of Chapter 11 Debtor v. Former Officers and Directors of Chapter 11 Debtor
The court rejected decisions applying these rules and held that the zone of insolvency, fiduciary duty to creditors', and deepening insolvency theories espoused by plaintiff did not state cognizable claims under Ohio law.
Further proceedings are scheduled following the court's dismissal of the above claims.