Bondholder, Bond Trustee & Bondholder Committee Representation
- Representation of UMB Bank, National Association as indenture trustee in Texas Pellets, Inc., Louisiana Pellets, Inc., German Pellets Inc., LLC, and German Pellets Louisiana, LLC insolvencies and related bankruptcies.
- Representation of the indenture trustee with respect to five separate Erickson Retirement Communities LLC, continuing care retirement communities across the United States with total debt in excess of $500 million.
- Representation of the indenture trustee for convertible note holders in Energy XXI Ltd. bankruptcy case in the United States Bankruptcy court of the Southern District of Texas.
- Representation of indenture trustee of $100 million of bonds in Chapter 9 bankruptcy of Tulare Medical Center in the United States Bankruptcy Court for the Eastern District of California.
- Representation of indenture trustees for 1.3 billion in revenue bonds in bankruptcies of United Airlines, Inc.; Northwest Airlines, Inc.; and Delta Air Lines, Inc.
- Representation of indenture trustee co-chair of unsecured creditor’s committee in bankruptcy of Walter Energy, Inc. in the United States Bankruptcy Court for the Northern District of Alabama.
- Representation of the indenture trustee in an out-of-court workout of approximately $140 million of municipal bonds issued for Rideout Memorial Hospital, a California-based health system.
- Representation of the indenture trustee and bondholders in the defaulted senior notes issued by the River Rock Entertainment Authority, a California-based Indian gaming casino.
- Representation of the indenture trustee in state court receivership for a Rhode Island detention facility.
- Representation of indenture trustees, bond insurers and bondholders in the default and workout of numerous charter schools located throughout the country.
Case Study
Mintz used a multifaceted strategy to achieve a substantial recovery for a bondholder representative and indenture trustee of two series of bonds totaling $63 million in connection with the bankruptcy of Iowa City, Iowa–based Mercy Hospital.
Case Study
Mintz represented bondholders and the trustee of two municipal debt issuances totaling $21 million in a bankruptcy case dispute about the borrower’s attempts to modify the terms of the bonds. Mintz persuaded the borrower to amend its improper proposal — and the bondholders received payment in full.
Case Study
Mintz advised the bond trustees of wood pellet supplier German Pellets and its US subsidiaries in a $515 million cross-border bankruptcy. The ongoing matter has included Louisiana and Texas bankruptcy proceedings and related litigation and insolvency matters in Germany.