We represent borrowers/debtors, boards of directors, agents, lenders, bondholders, underwriters, committees, trustees, foreign representatives, and private equity sponsors/investors in domestic and crossborder restructuring matters, including formal bankruptcy and other court proceedings and out-of-court transactions.
Bankruptcy and Out-of-Court Restructuring
Cahill lawyers have deep experience representing debtors and borrowers. For example, we are representing Orleans Homebuilders in their voluntary Chapter 11 petitions, and recently represented Aurora Oil & Gas and BH S&B Holdings (d/b/a Steve & Barry's) in all aspects of their Chapter 11 filings, as well as Charlie Brown's Restaurants in its out-of-court restructuring.
Further, we counsel banks, underwriters, funds, and equity sponsors/investors in bankruptcy and restructuring matters, including the Foamex, Formica, Exide Technologies, RCN Corp., Vertis, Northwest Airlines, and Seitel bankruptcy cases. We also represent purchasers of distressed assets out of bankruptcy, and recently represented Falcon Mezzanine Partners as a buyer in a Section 363 sale of the assets of Centrix Financial.
We also advise creditors, boards of directors, bondholders, official and ad hoc committees, foreign representatives, and trustees in bankruptcy and domestic and foreign restructuring and insolvency matters, and our lawyers actively participated in the bankruptcy cases of Delphi, Refco, and United Airlines.
In addition, we assist clients in litigation situations with respect to various debtor/creditor issues, including claims objections, preferences, fraudulent conveyances, debt recharacterization, equitable subordination, deepening insolvency, lender liability, and other related litigation matters, both prior to and during bankruptcy and other judicial proceedings.
Financial Restructuring
We have extensive experience in a range of restructuring transactions such as exchange offers and cash tender offers and in bankruptcy transactions, including DIP and exit financings, plans of reorganization, and acquisitions of control through purchases of debt claims. The firm's deep experience in capital markets and lending bolsters our ability to provide thoughtful, integrated capital structure solutions to major constituencies and their advisors.