Chapter 11 Reorganizations

Confirmed Chapter 11 plan for automotive service chain with over fifty locations nationwide. Unsecured creditors received a distribution of over fifty cents on the dollar and ownership was preserved
Confirmed Chapter 11 plan for high tech company that provided for the sale of assets to a new entity controlled by shareholders and creditors
Confirmed Chapter 11 plan for real estate development firm. Pursuant to the plan, two failed residential developments were recapitalized, the land was entitled, and the lots were sold over a three year period. Twenty million in claims were paid in full and equity retained ownership of other core assets
Confirmed Chapter 11 plan for a publicly traded Real Estate Investment Trust. Pursuant to the plan, core assets were retained and rehabilitated. Unsecured creditors received a substantial distribution and new owners received issuance of equity
Confirmed a Chapter 11 plan for a limited partnership that owned a 325 unit apartment project. Pursuant to the plan, the project was converted into a condominium project and the units were sold. Unsecured creditors were paid and equity received a dividend

Distressed Business Sales & Financings

Represented debtor-in-possession lenders in various financing and acquisition transactions
Sold temporary services company with prepetition sales in excess of $100,000,000
Acquired distressed automotive services business through stock acquisition
Advised venture capital firm regarding the acquisition of a sporting goods company from a receivership
Acquired secured and unsecured loan positions for clients seeking distressed debt opportunities

Represented thirty California cities and counties in a litigation matter arising out of a national ponzi scheme
Defended twenty innocent “winner” investors against claims filed by SEC Receiver seeking recovery of alleged excess profit distributions from a ponzi scheme
Defended a venture capital firm against a $5,000,000 claim arising out of a failed leveraged buy-out
Defended debtors against over $100,000,000 in claims in dischargeability litigation cases
Obtained $10,000,000 in settlements and judgments for plaintiffs in breach of contract, securities fraud, and common law fraud cases
Defended guarantors against $20,000,000 in guarantee claims
Defended clients facing over $50,000,000 in fraudulent transfer and preferential transfer claims

Restructured client’s corporate affairs to minimize owner’s potential liability for business debts
Designed a business plan to minimize risk of successor-liability claims against a start-up company
Designed a plan to restructure a group of affiliated companies to limit recourse to designated operating entities generating liability risk