Restructuring — Representative Engagements

In addition to providing day-to-day restructuring advice to leading global companies, our team represents creditors, debtors, lenders and other parties in some of the most significant bankruptcy cases and out-of-court restructurings in a variety of industries.

• Unofficial Committee of General Motors Dealers. Represent the Unofficial Committee of General Motors Dealers, which was formed by the GM National Dealers Council (NDC), in connection with the restructuring plans and subsequent bankruptcy proceedings of General Motors Corporation. The NDC represents the interests of approximately 6,000 GM dealers in the U.S. and serves as the dealer body's primary voice in matters relating to GM.
• The Royal Bank of Scotland Group plc and ABN AMRO Bank N.V. Represented the Royal Bank of Scotland and ABN AMRO Bank N.V. in connection with a US$400 million debtor-in-possession (DIP) revolving and term loan credit facility to Chemtura Corporation, a global manufacturer of specialty chemicals.
• W.R. Grace & Co. Represented the court-appointed future claimants' representative in the ongoing Chapter 11 case of this worldwide chemical company, with estimated present and future tort claims in excess of US$3 billion.
• City of Detroit. Represented the City of Detroit, Michigan in connection with the restructuring of certain swap agreements associated with the city's 2006 Pension Obligation Certificates.
• Fidelity National Special Opportunities, Inc. Represented Fidelity National Special Opportunities with its purchase of the Village Inn and Bakers Square restaurant businesses from VICORP Restaurants, Inc. and VI Acquisition Corp. in a Section 363 sale.
• City of Vallejo, California. Represent the City of Vallejo in its chapter 9 filing—California's largest city ever to file for bankruptcy protection.
• Cooper Industries, Ltd. Represented Cooper Industries and its affiliates as principal creditors and holders of an indemnity claim of more than US$480 million, involving the restructuring proceedings of Federal-Mogul Corporation, a worldwide manufacturer and distributor of automotive products.
• Congoleum Corporation. Represent the court-appointed future claimants’ representative in connection with the chapter 11 proceedings of Congoleum Corporation, a flooring manufacturer, and its affiliates. We are actively involved in all aspects of the complex and extremely litigious case, including plan confirmation issues, valuation issues and insurance coverage matters.
• Quebecor World Finance. Represent ABN AMRO as Agent in restructuring and defeasance of a US$475 million securitization loan facility to Quebecor World Finance.
• NVIDIA Corporation. Defended NVIDIA in trial of fraudulent transfer and successor liability action brought by the bankruptcy trustee of 3dfx arising from NVIDIA’s 2001 acquisition of assets from 3dfx Interactive, Inc.
• Structured Products. Advise on some of the most significant and complex mandates in the financial markets, including Sigma Financial Corporation, Cheyne Finance Plc, Whistlejacket Capital Ltd. and Rhinebridge Plc.
• Lehman Brothers. Advise corporate and financial counterparties in the Lehman Brothers bankruptcy cases and in the administration of Lehman Brothers International Europe.
• Stone & Webster, Inc. Represented the Official Committee of Unsecured Creditors in the Chapter 11 cases of Stone & Webster, an international engineering and construction enterprise with 72 subsidiaries. Orrick continues to represent the SWE&C Liquidating Trust to resolve claims against Stone & Webster Engineers & Constructors, Inc. and its direct and indirect subsidiaries totaling in excess of US$1 billion.
• Ritchie Risk-Linked Strategies. Represent ABN AMRO with respect to approximately US$500 million in pre-petition secured loans and DIP loans to Ritchie Risk-Linked Strategies, an SPV created to purchase life settlements.
• Potomac Electric Power Company ("Pepco"). Defended Pepco in complex, cutting-edge litigation concerning the ability of Mirant Corporation, a debtor power generator, to reject electric power contracts.

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