Representative Chapter 11 Debtor Cases in New York

The attorneys of Togut, Segal & Segal have served as lead counsel, co-counsel, conflicts counsel and in other capacities for debtors in many of the most famous Chapter 11 cases ever filed under the U.S. Bankruptcy Code, including:

  • The McClatchy Company:Co-counsel to the Debtors, a 163-year-old family-controlled public company that provides independent local journalism to 30 communities in 14 states through its local newspapers, including well-respected publications such as the Miami Herald, The Kansas City Star, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News & Observer, and the (Fort Worth) Star-Telegram, as well as national news coverage through its Washington, D.C. bureau, in restructuring approximately $1.6 billion in debt.
  • Pacific Drilling S.A.: Co-counsel to the Debtors, Luxembourg-based Pacific Drilling S.A. and certain of its affiliates, as part of an effort to restructure approximately $3 billion in debt. The Debtors operate an international offshore drilling business that specializes in ultra-deepwater and complex well construction services.
  • Trident Holding Company, LLC: Co-counsel to the debtors, the leading national provider of bedside diagnostic and related services in the United States operating in 35 states, in the restructuring of approximately $700 million in liabilities.
  • Synergy Pharmaceuticals: The Togut Firm was co-counsel to the Debtors, biopharmaceutical companies focused on the development and commercialization of novel gastrointestinal therapies. The Debtors consummated a Chapter 11 restructuring through a section 363 sale of a majority of their assets to Bausch Health within four months. The Togut Firm was responsible for the assumption, assignment and rejection of hundreds of contracts and the resolution of associated cure objections, and also prosecuted omnibus objections to claims that sought approximately $37 million. The Togut Firm also successfully represented the Debtors in contested hearings for the retention of professionals.
  • Westinghouse Electric Company LLC: Counsel to Toshiba Nuclear Energy Holdings (UK) Limited, one of the Debtors and the parent company of the international arm of Westinghouse’s global nuclear power business, in connection with the restructuring of over $9 billion in debt between Toshiba Nuclear Energy Holdings (UK) Limited and the 31 other Westinghouse Debtors.
  • Toisa, Limited.: lead counsel to the debtors, 24 international shipping companies involving 46 vessels and the restructuring of more than $1billion in liabilities.
  • SunEdison, Inc.: co-counsel to the debtors ,one of the world's leading developers of renewable-energy solutions, involving the restructuring of more than $16 billion in liabilities.
  • Dewey & LeBoeuf LLP: Lead counsel to the debtor in the largest law firm bankruptcy ever under Chapter 11. In record time, with the Togut Firm's leadership, the debtor reached a settlement with former partners in a precedent-making partner contribution plan that allowed for confirmation of a Chapter 11 plan in less than nine months. The plan confirmation was fully consensual and the case was done more quickly than any that preceded it.
  • FL 6801 Spirits, LLC: Lead counsel the Chapter 11 debtors, Lehman Brothers affiliates, in connection with 363 sale of the debtors' assets, the Canyon Ranch Hotel & Spa-a multi-million dollar oceanfront condominium hotel in Miami Beach, Florida, which was sold in bankruptcy for 80% more than the pre-petition stalking horse bid. Canyon Ranch is the world's recognized leader in healthy living and luxury spa. The Togut Firm is further overseeing the orderly liquidation of the Chapter 11 estates.
  • Grubb & Ellis Company: Lead counsel to the debtors, an international real estate brokerage and property management company, with more than 100 offices and revenue exceeding $500 million that was sold as a going concern in a transaction approved by the Bankruptcy Court in less than 45 days following the commencement of the Chapter 11 case.
  • The Great Atlantic & Pacific Tea Company, Inc. (A&P): Conflicts counsel to the debtor, one of the nation's leading food and drug retailers operating more than 300 supermarkets with a combined $2.5 billion in assets.
  • General Motors: Conflicts counsel to the debtor, the largest domestic automaker and the largest industrial enterprise ever to file for bankruptcy, with an estimated $91 billion in assets.
  • Chrysler Group LLC: Conflicts counsel to the debtor, the first of the "big three" domestic automakers to file for bankruptcy, with liabilities exceeding $55 billion.
  • Enron Corporation: Co-counsel to the debtor with Weil, Gotshal & Manges LLP in what was then the second largest Chapter 11 case ever filed.
  • Rockefeller Center Properties: Sole counsel to the debtor in the restructuring of mortgage and other indebtedness involving 12 historic landmarked buildings in the heart of Manhattan.
  • Delphi Corporation, et al.: Conflicts counsel to the debtor, the largest automotive parts supplier in the United States.
  • AbitibiBowater Group Inc.: Counsel to debtor Bowater Canada Finance Corporation and responsible for investigating claims, including a claim for more than $600 million against the debtor's corporate parent arising under the Nova Scotia Companies Act.
  • Tronox Inc.: Conflicts counsel to the debtor, one of the world's largest producers and marketers of titanium dioxide pigment with assets and liabilities exceeding $1 billion.
  • Ambac Financial Group Inc.: Conflicts counsel to the debtor, a financial guarantee insurance company whose business includes the issuance of insurance policies to support public finance, structured finance, and international finance transactions.
  • ContiMortgage Corporation: Lead counsel to the debtor, a billion-dollar consumer finance business that both originated and serviced subprime home equity loans.
  • Refco LLC: Counsel to the Chapter 7 Trustee for a registered futures commissions merchant in the largest Chapter 7 case ever filed, involving more than $4 billion in assets.
  • Loews Cineplex Entertainment Corporation: Co-counsel to debtor, one of the nation's largest motion picture theater exhibition companies with assets and liabilities exceeding $1 billion.
  • Loehmann's Holdings Inc.: Sole counsel to the debtor women's fashion apparel chain that operated 48 retail stores in major metropolitan areas.
  • Daewoo International (America) Corp.: Sole counsel to the debtor, the U.S.-based trading arm of the Daewoo group of companies, which successfully underwent what was then the largest nonsovereign debt restructuring in history with aggregate liabilities exceeding $70 billion.
  • Frontier Airlines: Conflicts counsel to the debtor, a regional airline, involving over $100 million in liabilities.
  • Saint Vincent's Hospitals: Conflicts counsel to the debtor hospitals in a Chapter 11 restructuring involving over $1 billion in liabilities.
  • Our Lady of Mercy Medical Center: A Bronx hospital that was successfully sold as a going concern in Chapter 11 despite having over $100 million in liabilities.
  • Cabrini Medical Center: Lead counsel to the debtor, a hospital in Gramercy Park, Manhattan, with over $100 million in assets and liabilities.
  • Ames Department Stores, Inc.: Co-counsel to the debtor, the largest regional discount retailer in the United States, which had revenue exceeding $1 billion before it ceased operations.
  • SK Global America, Inc.: Sole counsel to the debtor, the U.S.-based trading arm of what was then the third-largest conglomerate in South Korea and one of the largest business enterprises in the world.
  • Clift Holdings LLC: Lead counsel to the debtor in the successful restructuring of $75 million of debt for Ian Schrager's premier San Francisco hotel.
  • Orion Telecommunications: Sole counsel to one of the largest telephone card manufacturers in the country with sales exceeding $100 million.
  • Guilford Mills, Inc.: Sole counsel to the debtor, a leading worldwide producer and seller of textiles, which successfully restructured over $300 million in secured debt and paid all of its unsecured creditors in full under its confirmed Chapter 11 plan.
  • Joan and David Helpern Inc.: Sole counsel to debtor/operator of the Joan & David luxury footwear and accessory retail chain, which had more than 55 stores located worldwide.
  • Fortunoff Fine Jewelry & Silverware, LLC: Lead counsel to the debtor in the successful sale as a going concern of Fortunoff, a nationally known retailer.
  • Personal Communications Devices: Co-counsel to the debtors, a distributor of specialty mobile devices and accessories that also provides value added services to manufactures and wireless telecom carriers with sales exceeding $1 billion.

Contact a New York City Chapter 11 Bankruptcy Attorney

We are ready to discuss your debt concerns and create a plan to achieve your company's goals. Please contact our New York Chapter 11 bankruptcy law office online today, or call 212-594-5000 to schedule an initial consultation.

Our lawyers serve as debtor's counsel, conflicts counsel and special litigation counsel, and we provide mediation and other services to best serve our clients' needs.