Official, Ad Hoc & Other Creditor Representation

  • Representation of the ad hoc committee of second lien bondholders in this matter. Issues involved included guarantee litigation against corporate parent in the U.S. District Court for the Southern District of New York involving novel Trust Indenture Act issues and related appeals, litigation involving Bankruptcy Code Section 105 injunctions and related appeals, litigation involving interpretation of Bankruptcy Code Section 1111 and related appeals, litigation involving claims for original issue discount and negotiation and documentation of multi-party restructuring support agreement.
  • Representation of ad hoc committee of second lien bondholders in Chapter 11 of Caesars Entertainment Corp. et al in the United States Bankruptcy Court for the District of Illinois.
  • Representation of the indenture trustee for convertible note holders in Energy XXI Ltd. bankruptcy case in the United States Bankruptcy court of the Southern District of Texas.
  • Representation of the unsecured creditors’ committee in the bankruptcy of Clark-Cutler-McDermott Company, in the United States Bankruptcy Court in the District of Delaware.
  • Representation of Hitachi Corp. in bankruptcy of General Motors and Chrysler Corporation.
  • Representation of ASICS America Corporation, as consignment vendor and member of the unsecured creditors committee in Sports Authority’s bankruptcy in the United States Bankruptcy Court in the District of Delaware.  

 

Case Study

Caesars Bankruptcy Yields Noteworthy Settlements

Mintz represented the ad hoc committee in casino giant Caesars Entertainment Corp.'s Chapter 11 bankruptcy. Mintz’s early summary judgment filing helped its clients settle with Caesars. ML Strategies helped to lobby Congress to oppose Caesars's proposed amendments to the Trust Indenture Act.
Case Study

Energy XXI Bankruptcy Holders Receive Cash Payout

Mintz represented Wilmington Savings Fund Society, FSB, the indenture trustee for holders of $367 million in notes, in oil and gas developer Energy XXI, Inc.’s contentious Texas bankruptcy. The noteholders ultimately received a cash payout of more than double the original offer amount.