Bankruptcy & Insolvency

Creditor Representations

  • In a recent dairy chapter 11 the firm helped Farm Credit West obtain full payment of over $30 million, including default interest, prepayment premiums, attorney’s fees and costs.
  • In the Pacific Gas and Electric Company case the firm represented Merced Irrigation District in helping to defeat PG&E’s first proposed chapter 11 plan which provided for the breakup of PG&E.
  • In the IRM case which involved over 50 properties, 100 partnerships and 2000 investors the firm restructured all of these into a single, public limited liability company which ultimately resulted in investor recoveries 

Debtor Representations

  • Confirmed chapter 11 plan of reorganization for luxury houseboat rental and sales operator, including payment in full to unsecured creditors and restructure of matured secured debt at favorable terms.
  • Represented a Lake Tahoe timeshare developer in Chapter 11 including related shareholder litigation, leading to confirmation of liquidating plan.
  • Confirmed Chapter 11 Plan of Reorganization for organic foods retailer leading to successful post-confirmation sale of business.
  • Co-counsel for the Debtors in the jointly administered cases of Circus and Eldorado Joint Venture, dba Silver Legacy Resort Casino, and Silver Legacy Capital Corp.

Committee Representations

  • Represents the Official Committee of Unsecured Creditors in the SK Foods, L.P. chapter 11, one of the largest chapter.11’s filed in the Eastern District of California.
  • Represented the Official Committee of Unsecured Creditors in the Matterhorn, Inc. case, a large scale manufacturer of ice cream and novelty confections.
  • Represented the Official Committee of Unsecured Creditors in Chapter 11 case involving a U.S subsidiary of an international medical device manufacturer, resulting in substantial distribution to unsecured creditors.
  • Counsel to the Official Committee of Unsecured Creditors in the case of singer and entertainer Wayne Newton.

Additional representative casework includes substantive roles in connection with the following cases: Enron, Montgomery Ward, K-Mart, Linens N Things; United Air Lines, Delta Air Lines, 360 Global Wines, City of Vallejo Chapter 9 municipal bankruptcy, Shasta Lake Resorts, Commonwealth Equity Trust, Desert Power, Circuit City, Dunmore Homes, Hometown Buffet, Mervyn’s, Quebecor, Mariner Post- Acute Network, Inc., Tower Records, Zacky Farms, Aquarius Pools, Flying J, Inc., Reynen & Bardis, Sagewood Manor Associates Ltd., Tropicana Entertainment, LLC, Specialty Trust, Inc., and others.

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