Bryan Cave has broad experience in company-side restructuring engagements. We have assisted our clients in successfully restructuring their obligations in complex Chapter 11 cases, pre-negotiated reorganizations, commercial workouts and out-of-court restructurings throughout the United States and in a wide variety of industries.
Restructuring engagements are complex and often move rapidly. Our experience allows us to efficiently coordinate the broad teams of professionals necessary for an effective restructuring—often drawn from other specialties within our firm—and to keep the core restructuring effort advancing while satellite issues are resolved.
As the other topics discussed here make clear, we regularly represent creditors and other interested parties in bankruptcy and insolvency proceedings. This experience allows us to appreciate the goals and critical issues of secured and unsecured creditors, equity holders, asset purchasers and other parties of interest as we work with a borrower to develop an effective reorganization strategy.
- Represented Farmland Industries, Inc., the largest agricultural cooperative ever to file Chapter 11, in its bankruptcy case in Kansas City, Missouri, in which all creditors were paid in full with interest;
- Represented Mariner Post-Acute Network Inc. and Mariner Health Group Inc., operators of more than 400 skilled-nursing facilities, in their Chapter 11 cases in Delaware;
- Represented Interco, Inc. and its affiliates, manufacturers of footwear, apparel and furniture (including Florsheim, Converse, Lane and Broyhill) with more than $33 billion in liabilities, in their Chapter 11 restructuring in St. Louis;
- Represented Arch Coal, Inc., the second-largest coal company in the United States, in its Chapter 11 restructuring in St. Louis;
- Represented Fuhu, Inc., the leading producer of tablets designed for children, in its Chapter 11 case in Delaware and the sale of substantially all of its assets;
- Represented Patriot Coal Corporation, one of the largest producers and marketers of coal in the United States, in its Chapter 11 restructuring in St. Louis;
- Represented International Garden Products, Inc. and its subsidiaries, including one of the nation's largest growers of roses, in their Chapter 11 cases in Delaware and the related sale of substantially all of their assets;
- Represented PFP Incorporated, d/b/a Trend Homes, one of the largest privately-owned homebuilders in Phoenix, in its Chapter 11 case and the sale of its assets;
- Represented Wellington Leisure Products, LLC, a manufacturer of deer lures, rope, outdoor furniture and other products, in its Chapter 11 case in Macon, Georgia, resulting in a 90% recovery for unsecured creditors;
- Represented Outsourcing Solutions, Inc. and its affiliates, providers of accounts-receivable management and collection services, in their Chapter 11 restructuring in St. Louis;
- Represented Gateway Ethanol, LLC, an ethanol producer, in its Chapter 11 case in Kansas City, Kansas and the sale of its assets;
- Represented International FiberCom, Inc., an integrated end-to-end telecommunications firm doing business in 16 states, in its Chapter 11 restructuring in Phoenix;
- Represented Laclede Steel, Inc., a steel manufacturer, in its Chapter 11 restructuring in St. Louis.