Lead restructuring counsel to Luminent Mortgage, a publicly traded mortgage investment company, in connection with its pre-negotiated Chapter 11 bankruptcy case in the District of Maryland.

Lead restructuring counsel to Ciena Capital LLC and its affiliates, at one time the third largest SBA lender, in its Chapter 11 bankruptcy cases in the SDNY.

Lead restructuring counsel to U.S. Energy Systems, Inc., a publicly traded energy company, in connection with its Chapter 11 bankruptcy case in the SDNY.

Lead restructuring counsel to Credit-Based Asset Servicing and Securitization, LLC, a privately owned sub-prime mortgage investor and servicer. Out-of-court restructuring involving over 40 major institutions as counterparties and $4.2 billion in debt completed in less than six months.  Also entailed sale of Litton Loan Servicing to Goldman Sachs.

Lead restructuring counsel to U.S. Energy Biogas in connection with its Chapter 11 bankruptcy case in the SDNY, which resolved burdensome "makewhole" provision that effectively precluded refinancing.  Confirmed Chapter 11 plan that resulted in full payment of all creditors and retention of equity by publicly traded parent.

Represented publicly traded parent of First NLC Financial, a sub-prime mortgage originator, in connection with out-of-court recapitalization and Chapter 11 bankruptcy case in the SDFla.

Recently represented government sponsored enterprise in connection with the transfer of servicing rights for over $23.5 billion of manufactured housing loans in the Chapter 11 bankruptcy of Conseco Finance Corp.

Representing major bank in connection with workout of bank group debt and potential foreclosure on merchant power plant.

Regularly represent corporate trust department of a national bank in its capacity as master servicer, securitization trustee and custodian in connection with Chapter 11 bankruptcies of mortgage loan originators and seller/servicers; successfully negotiated transfers of servicing rights for billions of dollars of mortgage loans in such bankruptcies.

Regularly represent asset purchasers in pre-packaged and pre-negotiated Chapter 11 bankruptcies of middle-market companies.

Regularly represent major utility in connection with Chapter 11 bankruptcy issues, including most recently the resolution of complex sale/lease-back transactions and related issues in the Chapter 11 bankruptcy of National Steel.

Represented Chapter 11 trustee in connection with successful sale of servicing rights and residual REMIC and other securities in Chapter 11 bankruptcy of Homegold, Inc., a sub-prime mortgage originator and seller/servicer.

As debtor’s counsel, successfully litigated multiple contested cash collateral hearings and sold assets of large sub-prime “buy here/pay here” automobile finance company in Chapter 11 bankruptcy to non-bankrupt affiliate of debtor as a means of paying off “stripped down” secured debt owed to FINOVA. 

Serve as a “preferred provider” of legal services to Fortune 100 financial company as secured creditor in Chapter 11 bankruptcy cases in Mid-Atlantic and Southeast United States.  In that capacity, recently obtained confirmation of pre-negotiated Chapter 11 plan of publicly traded telecommunications company. 

Representing major energy trader in connection with resolution of long-term coal supply contracts in Chapter 11 bankruptcy of coal corporation. 

Represented first-tier monoline insurance company in connection with transfer of servicing rights for over $500 million of mortgage loans in Chapter 11 bankruptcy of Contifinancial, a sub-prime mortgage loan originator and seller/servicer.

Recently served as special bankruptcy securitization counsel in Chapter 11 bankruptcy of Oakwood Homes Corporation, a vertically integrated manufacturer, retailer and financer of manufactured housing.

As debtor’s counsel, successfully confirmed Chapter 11 plans in bankruptcies of public and private companies in various industries, including real estate, and textile industries.

Regularly provide insolvency-related transactional structuring advice for asset securitization transactions, leveraged lease deals, and other complex transactions.

Regularly issue legal opinions to all nationally recognized statistical credit rating agencies on bankruptcy, FDIC, and insolvency issues, such as substantive consolidation, true sale/true lease, FIRREA, preference and security interest.