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Financial Institution Engagements

Meyer Suozzi’s bankruptcy attorneys regularly represent banks, mortgage lenders, insurance companies, mutual funds, indenture trustees, finance companies, factors and equipment lessors in all aspects of out-of-court workouts, restructurings, reorganizations, liquidations and chapter 7, chapter 11 and chapter 15 bankruptcies.  Our extensive experience includes debtor-in-possession and exit financing and all bankruptcy-related litigation (including collection and lender liability litigation).

ADDITIONAL REPRESENTATIVE CASES

Counsel to pre-petition lender and debtor-in-possession (DIP) lender of heating oil distributor in Chapter 11 case (Brooklyn, New York).

Counsel to pre-petition secured lender to New Jersey hospital in liquidation (Newark, New Jersey).

Counsel to pre-petition equipment lender in Chapter 11 case of Manhattan hospital (New York, New York).

Counsel to pre-petition secured lender in Chapter 7 case of Los Angeles hospital (Los Angeles, California).

Counsel to post-petition equity purchaser of major automotive parts manufacturer (New York, New York).

Counsel to pre-petition foreign exchange trader (New York, New York).

Counsel to pre-petition lender in Chapter 11 case of leading retailer (New York, New York).

Counsel to pre-petition and post-petition DIP lender to general contractor in Chapter 11 (Brooklyn, New York).

Counsel to pre-petition and post-petition DIP lender to healthcare staffing company in Chapter 11 (Central Islip, New York).

Counsel to national lender as indenture trustee for industrial revenue bonds in Chapter 11 case of international stone fabricator (Central Islip, New York).

Counsel to lessor of rail cars in Chapter 11 case of international chemical company (New York, New York).

Counsel to foreign exchange trader with respect to examinations of ISDA agreement (New York, New York).

Counsel to lender providing exit financing for seafood distributor (New York, New York).

Represent major national bank as indenture trustee for industrial revenue bonds in Chapter 11 case of Bronx hospital (New York, New York).

Counsel to lender providing DIP financing to building maintenance contractor (New York, New York).

Counsel to pre-petition foreign exchange trader in major financial services company Chapter 11 (New York, New York).

Counsel to future commissions merchant (Chicago, Illinois).

Counsel to national lender as indenture trustee for industrial revenue bonds in workout and merger negotiations of upstate hospital (Elmira, New York).

Counsel to pre-petition and post-petition DIP lender in Chapter 11 case of public company in chemicals industry (New York, New York).

Counsel to pre-petition lender in Chapter 11 case of Bronx telecommunications firm (White Plains, New York).

Counsel to pre-petition secured lender in Chapter 11 case of printing company (Central Islip, New York).

Counsel to pre-petition equipment lender in Chapter 11 case of Brooklyn hospital (Brooklyn, New York).

Anchor Tank Lines

Barnert Hospital

Cabrini Medical Center

Century City Doctors Hospital

Delphi

Enron

Fortunoff

Genergy Electric Service

Greystone Staffing

Innovative Companies LLC

Lyondell

MF Global

M. Slavin & Sons, Ltd.

New York Westchester Square Medical Center

One Stop Facilities Maintenance Corp.

Refco

Sentinel Management Corp.

St. Joseph’s

Tronox Incorporated

Urban Telecommunications

US Web Inc.

Victory Hospital

Debtor Engagements

Meyer Suozzi’s guiding philosophy is prevention by early intervention.  We help clients identify warning signs of their potential financial difficulties and develop a plan to address them.  Very often, an out-of-court solution is appropriate, such as restructuring the debt held by your lender or your largest vendors.  When a chapter 11 filing is necessary, our team will lead your business through the chapter 11 process.  In either scenario, Meyer Suozzi will provide you with results-oriented, cost-effective and practical advice as well as personal attention.

ADDITIONAL REPRESENTATIVE CASES

Counsel to the debtors in possession in major apparel manufacturer case including Arrow shirts, Gold Toe socks and Ralph Lauren women’s (New York, New York).

Counsel to debtor in possession in successful reorganization of real estate company restructuring $60 million in liabilities (New Haven, Connecticut).

Counsel to debtor in possession in 61-store retail chain (Brooklyn, New York).

Counsel to debtor in possession in 87-store retail chain (New York, New York).

Counsel to major owner and operator of power plants in Northeast as debtor in possession; unsecured creditors were paid 100% plus interest (Greenbelt, Maryland).

Biederman Industries

Carabetta Enterprises, Inc.

Crafts Retail Holdings, Inc.

HIA Trading Associates

USGen New England, Inc.

Committee Chair/Member Engagements

Meyer Suozzi’s bankruptcy attorneys have represented scores of creditors’ committee chairs and committee members in chapter 11 cases in the Southern and Eastern Districts of New York and in the District of Delaware. Our representations have included large and publically traded companies, as well as many small closely-held businesses. We help our clients maneuver through the committee member selection process, counsel clients on their fiduciary duties while serving on the committee, participate in committee meetings or on committee calls together with or in place of clients, and help negotiate the debtor’s restructuring and emergence from chapter 11 on terms most favorable to the creditors.

ADDITIONAL REPRESENTATIVE CASES

Counsel to member of Official Committee of Unsecured Creditors in fiber-optic communications case (New York, New York).

Counsel to member of Official Committee of Unsecured Creditors in billion dollar airline case (New York, New York).

Counsel to Chairperson of Official Committee of Unsecured Creditors in healthcare industry case (New York, New York).

Counsel to member of Official Committee of Unsecured Creditors in large wholesale baker and distributor case (Kansas City, Missouri).

Counsel to Chairperson of Official Committee of Unsecured Creditors in healthcare industry case (Central Islip, New York).

Counsel to member of Official Committee of Unsecured Creditors in coal mining and supply case (New York, New York).

Counsel to Co-Chair of Official Committee of Unsecured Creditors in printing case (New York, New York).

Counsel to member of Official Committee of Unsecured Creditors in large manufacturing case (New York, New York).

360 Networks (USA), Inc.

Delta Air Lines, Inc.

Dewitt Rehabilitation and Nursing Center, Inc.

Interstate Bakeries

Parkview Nursing Home, LLC.

Patriot Coal

Tana Seybert LLC

Wellman, Inc.

Creditors’ Committee Engagements

Meyer Suozzi’s bankruptcy attorneys represent official committees of unsecured creditors in chapter 11 cases in the Southern and Eastern Districts of New York and in the District of Delaware.  We act as the spokesperson and advocate for committees and creditors both in the courtroom and the boardroom.  Our goal when we represent a creditors’ committee is to counterbalance the debtor, the debtor’s secured creditors and other competing parties, and negotiate or litigate with the debtor and such other parties to achieve the best results for unsecured creditors, as promptly as possible.

Preference Engagements

Meyer Suozzi’s bankruptcy attorneys are experienced in prosecuting and defending preference actions and related avoidance actions.  In addition to representing defendants in avoidance actions, our attorneys are often retained by debtors, creditors’ committees, and trustees, as special litigation counsel to prosecute hundreds more. As a result of the breadth of our experience, we are highly effective in minimizing exposure for our clients that are defendants and maximizing recoveries when we prosecute preference or other avoidance actions.

ADDITIONAL REPRESENTATIVE CASES

Counsel to a global industry leader as preference defendant (Los Angeles, CA).

Counsel to preference defendant in fiber-optic communications case (New York, New York).

Counsel to a global industry leader as preference defendant (Wilmington, DE).

Counsel to a global industry leader as preference defendant (Virginia).

Counsel to a global industry leader as preference defendant (New York, New York).

Special preference counsel in large automotive supply case (Detroit, Michigan).

Represent regional life insurance company in successful defense of preference claim in excess of $1 million (New York, New York).

Special preference counsel to trustee in cable communications case (Brooklyn, New York).

Counsel to a global industry leader as preference defendant (New York, New York).

Counsel to preference defendant in major fiber-optic communications case (White Plains, New York).

Special counsel to Chapter 11 Liquidation Trustee in preference litigation (Wilmington, DE).

Special preference counsel to debtor in possession and Creditors’ Committee in national tutoring case (New York, New York).

Counsel to preference defendant in large sporting goods case (Baltimore, Maryland).

Counsel to preference defendants in major telecommunications case (New York, New York).

Counsel to preference defendant in large national wireless communication services case (Newark, New Jersey).

Counsel to a global industry leader as preference defendant (Wilmington, DE)

Counsel to national temporary staffing company in defense of preference claims in excess of $2.8 million (New York, New York).

3 Day Blinds, Inc.

360 Networks (USA), Inc.

American Home Mortgage Holdings, Inc.

Circuit City

Bearing Point

Collins & Aikman

ContiFinancial Corporation

General Fiber Communications, Inc./Metrotec Communications, Inc.

General Motors

Metromedia Fiber Networks, Inc.

Movida Communications Inc.

Platform Learning, Inc.

SHC Inc.

Teligent, Inc.

Velocita Corp.

Visteon

WorldCom

Landlord Engagements

Meyer Suozzi’s bankruptcy attorneys have extensive experience in representing landlords of large office buildings and other commercial properties in New York City, Long Island and elsewhere in chapter 11 and 7 cases.  Our professional services include negotiations and litigation:  (a) to recover leased premises from debtors and trustees; (b) concerning a chapter 11 debtor‘s or trustee’s attempt to assume or assume and assign real property leases; and (c) regarding claims for pre and postpetition rent.  Our focus in landlord engagements is to ensure that our clients achieve the most favorable economic deal possible in the shortest period of time.

ADDITIONAL REPRESENTATIVE CASES

Counsel to landlord of large Rhode Island facility in bankruptcy of the well-known health and fitness chain (New York, New York).

Counsel to landlord in large financial services case (New York, New York).

Counsel to landlord in energy case (New York, New York).

Counsel to landlord in major telecommunications case (New York, New York).

Counsel to real estate landlord in major toy retailer case (New York, New York).

Counsel to landlord in major fiber-optic communications case (White Plains, New York).

Counsel to landlord in major financial services case (New York, New York).

Counsel to landlord in major telecommunications case (New York, New York).

Bally Total Fitness

BearingPoint, Inc.

Getty Petroleum Marketing

Global Crossing, Ltd.

KB Toys

Metromedia Fiber Networks, Inc.

PlusFunds Group, Inc.

WorldCom

International Insolvency Engagements

With the increasing globalization of business, a growing portion of Meyer Suozzi’s bankruptcy practice involves cross-border insolvency cases.  Our restructuring lawyers have broad experience representing clients in ancillary proceedings under chapter 15.  Our attorneys have served as counsel to the foreign representative of the Mexican debtor in the chapter 15 case of Compania Mexicana De Aviacion, S.A. and as counsel to the foreign representative of the Singapore debtor in the chapter 15 case of Berau Capital Resources Pte Ltd., each pending in the Bankruptcy Court for the Southern District of New York.  Our attorneys recently obtained a ground breaking decision in Berau Capital that the debtor’s rights under a New York based bond indenture constitute property located in the U.S. for jurisdictional purposes.

Trustee & Examiner Engagements

Meyer Suozzi’s bankruptcy attorneys include a chapter 7 trustee who is on the panel for the Southern District of New York and our firm is routinely retained to represent her and other chapter 7 and chapter 11 trustees as their general bankruptcy counsel or as their special counsel to prosecute preference and fraudulent conveyance claims and other causes of action belonging to the estate.  Our attorneys have served as or represented examiners appointed by the Bankruptcy Courts for the Southern and Eastern Districts of New York. 

ADDITIONAL REPRESENTATIVE CASES

Counsel to Chapter 7 Trustee in self-storage warehouse case (New York, New York).

Counsel to chapter 7 trustee in connection with sale of consumer shopping website and mobile appli- cation (New York, New York).

Counsel to Chapter 7 Trustee in high end women’s wear case (New York, New York).

Counsel to Chapter 7 Trustee in major New York Metropolitan wine storage service provider (New York, New York).

2350 Fifth Avenue Inc.

Hukkster

Nili Lotan Inc.

WineCare Storage, LCC

Other Engagements

In light of the extensive experience of the members of our Bankruptcy Department, we have represented virtually all kinds of constituents in bankruptcy cases.  In addition to our financial institution, debtor, creditors’ committee, committee member, preference, landlord, international  insolvency, and trustee engagements, we have served as Bankruptcy Court appointed mediators, providing alternative dispute resolution (ADR) services, and have represented debtor’s management and equity, chief restructuring officers, utility companies, reclamation claimants, and others regarding their specialized rights in bankruptcy cases.  We serve as conflicts counsel to larger firms who are unable to represent the interests of their clients against certain parties in interest in the case, and local counsel to out-of-state law firms.  We have also served as special counsel to manage preference recovery and other avoidance action programs.

ADDITIONAL REPRESENTATIVE CASES

Counsel to Utah based real estate development company with respect to recovery of funds on deposit in IRS 1031 transaction accounts controlled by Debtor in Ponzi scheme case (New York, New York).

Counsel to insurance company in large asbestos case (Pittsburgh, Pennsylvania).

Counsel to group of utilities in Chapter 11 case of large grocery chain (New York, New York).

Counsel to utility in major cable communications case (New York, New York).

Counsel to large group of utilities in bankruptcy of major U.S. airline (New York, New York).

Counsel to group of utilities in bankruptcy of retail movie rental chain (New York, New York).

Counsel to insiders in large and complex fraudulent conveyance action (Central Islip, New York).

Counsel to large Midwestern utility and energy company in bankruptcy of wireless meter reading technology company (Wilmington, Delaware).

Counsel to mortgagee in Bentley automotive dealer case (Central Islip, New York).

Counsel to union and benefit funds concerning Bankruptcy Code section 1113 rights and pension plan withdrawal liability issues in bankruptcy case of multinational printing and packing company (Wilmington, Delaware).

Co-Counsel to Class of Retirees in historic automotive manufacturer’s case (New York, New York).

Represent Trustee in litigations of significant fraudulent conveyances (New York, New York).

Counsel to contract counterparty and administrative expense claimant in major energy case (New York, New York).

Counsel to non-debtor affiliate in radio/media Chapter 11 case (New York, New York).

Counsel to financial advisor in large quality meat processor and distributor case (Kansas City, Missouri).

Counsel to Denver based oil producer and trading company in bankruptcy case of multi-billion dollar oil services conglomerate (Wilmington, Delaware).

Co-Counsel to Class of Retirees in historic automotive manufacturer’s case (New York, New York).

Counsel to utility in major telecommunications case (New York, New York).

Counsel to United States agent for large Chinese import/export company with respect to reclamation claims in bankruptcy case of large regional retailer (Wilmington, Delaware).

Counsel to Petition Receiver/Chief Restructuring Officer in hospitality industry case (Central Islip, New York).

Counsel to utility in large retail furniture case (New York, New York).

Counsel to utility in coal mining case (New York, New York).

Counsel to utility in billion dollar chemical case (New York, New York).

1031 Tax Group

A.P. Green Industries, Inc.

A&P

Adelphia

American Airlines

Blockbuster

Brown Publishing

Cellnet

Champion Motor Group, Inc.

Chesapeake Corporation

Chrysler LLC

Cuba Tropical

Enron Corp.

Inner City Media Corporation

Farmland, Inc.

Flying J/Big West Oil

General Motors Corp.

Global Crossing, Ltd.

Goodys

HRH

Levitz III

Patriot Coal

Solutia, Inc.

Meyer Suozzi’s bankruptcy attorneys are highly skilled and experienced in insolvency and restructuring matters, and have trained at large Manhattan law firms. We are leaders in the bankruptcy field, and our members include the chair of the New York City Bar Association’s Bankruptcy Committee, a Southern District of New York panel trustee, and several former law clerks to federal bankruptcy judges.

We provide bankruptcy and out-of-court strategies for businesses facing the challenges created by industry and market pressures, disruptions in liquidity, litigation, or the stresses of an uncertain economy.

We provide litigation and out-of-court solutions for lenders and businesses frustrated by the bankruptcy or insolvency of their borrowers, vendors or customers.

Our clients include Fortune 500 as well as middle-market companies and lenders as well as commercial borrowers in a variety of industries, including food and beverage, hospitality, real estate and healthcare.  In the bankruptcy arena, we have extensive experience representing chapter 11 debtors in possession, creditors’ committees, chapter 7 and chapter 11 trustees, chapter 15 debtors, chapter 11 plan administrators and individual creditors.

Whether you need to recover money or property, defend bankruptcy litigation, file a bankruptcy case, or restructure a loan, Meyer Suozzi’s bankruptcy attorneys can help.  We can also assist other professionals in advising their legal and accounting clients, or to be their conflicts or local counsel.

Meyer Suozzi looks forward to providing you with practical solutions and creative options for your business.