A top-notch restructuring group, capable of handling the biggest and the most difficult restructuring from either company side or creditors’ side.
- Chambers USA, Band 1 Bankruptcy/Restructuring (Nationwide and NY)
Shipping, Automotive & Aerospace
Our restructuring department fields large, multidisciplinary teams that leverage the resources of our firm as a whole. We act on all sides of cutting-edge restructuring transactions across a range of industries.
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TricoMarine Group’s Out-of-Court Exchange
The ad hoc committee of bondholders of Trico Marine Group, a large Norway-based shipping company now known as Deep Ocean Group, in connection with an out-of-court exchange of $400 million of senior secured debt into equity and raising a new $100 million working capital facility. This matter was recognized by The Turnaround Management Association as the “Turnaround of the Year: International Company.”
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Proterra
Proterra, a publicly traded developer and producer of commercial electric vehicle technology, including proprietary battery systems, electric transit buses, and turnkey charging solutions, in its chapter 11 cases in the District of Delaware.
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Western Global Airlines
An ad hoc group of DIP lenders and unsecured noteholders in the chapter 11 restructuring of Western Global Airlines, an independent provider of commercial, long-haul air cargo transportation services.