EXPERIENCE

John’s representative company-side experience includes:

• Hornblower Group, a global leader in world-class experiences and transportation, in connection with its prearranged chapter 11 cases
• Madison Square Boys & Girls Club, a not-for-profit organization, in its chapter 11 case filed in the Southern District of New York to address claims arising under the New York Child Victims Act
• Great Expressions Dental Centers, a leading dental services organization with over 300 dental centers in 9 states, in its comprehensive out-of-court recapitalization transaction that was supported by the company’s equity sponsor and secured lenders, resulting in a deleveraging of over $115 million of secured debt and a new money capital infusion of $40 million
• Salem Harbor Power Development LP and certain of its affiliates, owner of a 674 MW gas fired combined cycle electric power generating facility located in Salem, Massachusetts, in their prearranged chapter 11 cases commenced on March 23, 2022 in the District of Delaware
• The Collected Group, an international fashion group headquartered in California which is recognized globally as a leading designer, distributor and retailer of the Joie, Equipment and Current/Elliot brands, and its debtor subsidiaries, in their chapter 11 cases in the District of Delaware
• Revlon, a leading global beauty company, in its subsidiary’s successful out-of-court exchange offer
• Jack Cooper Ventures, a leading provider of finished vehicle logistics in North America for new and used vehicles and diversified logistical services in select non-automotive markets, and 18 of its subsidiaries and affiliates, in their chapter 11 cases in the Northern District of Georgia
• David’s Bridal, the nation’s leading bridal and special occasion retailer, in an out-of-court recapitalization transaction which provided for $55 million of new capital from existing lenders and the exchange of more than $275 million in existing term loan debt into new preferred and common equity securities
• Preferred Sands, one of the leading producers of sand and resin coated proppants for North America’s oil and gas industry, in a comprehensive out-of-court restructuring that involved the equitization or renegotiation of more than $1.4 billion of funded indebtedness, the issuance of new debt and the carve-out of certain of its in-basin production assets into a new entity, Signal Peak Silica

John’s representative creditor and sponsor-side experience includes:

• Opportunity Partners B.V, a Netherlands-based investment company, in its acquisition of BrandLoyalty, a Netherlands-based campaign-based loyalty solutions company, from Loyalty Ventures
• Texas Capital Bank as one of the largest prepetition lenders and as debtor-in-possession lender in the chapter 11 case of Reverse Mortgage Funding LLC, a Bloomfield, New Jersey-based originator and servicer of reverse mortgage loans
• An ad hoc group of unsecured noteholders of Wesco Aircraft Holdings (d/b/a Incora), a leading provider of comprehensive supply chain management services to the global aerospace and other industries, in connection with an out-of-court comprehensive recapitalization transaction, pursuant to which the members of the ad hoc group exchanged their existing unsecured bonds for new second lien bonds
• An ad hoc group of unsecured noteholders, led by Clearlake Capital Group, in their recapitalization of Service King, a national automotive collision repair company, resulting in the infusion of $200 million of new capital into the company
• An ad hoc group of noteholders of Carlson Travel Inc. in connection with the prepackaged chapter 11 cases filed by the company and its affiliates in the U.S. Bankruptcy Court for the Southern District of Texas
• An ad hoc group of prepetition and postpetition lenders in the chapter 11 cases of Country Fresh and its affiliates, a provider of fresh-cut fruit, vegetable and snack foods, involving approximately $132 million in secured debt
• An ad hoc group of senior noteholders in the prearranged chapter 11 restructuring of Hi-Crush, a fully integrated provider of proppant and logistics services used in the hydraulic fracturing of oil and gas wells
• Chatham Asset Management and its affiliated or managed funds in its approximately $325 million acquisition of substantially all of the assets of The McClatchy Company, a Sacramento-based publishing company that operates 29 daily newspapers in 14 states, through a cash and credit bid under section 363 of the Bankruptcy Code, in The McClatchy Company’s chapter 11 cases
• Certain funds advised or otherwise managed by Oaktree Capital Management in their capacity as holders of David’s Bridal’s term loans and unsecured notes in the negotiations, implementation and consummation of a prepackaged chapter 11 plan to right-size the company’s balance sheet and rationalize operations. Oaktree was the company’s single largest creditor
• An ad hoc committee of cross-holders holding approximately 45% of PetSmart’s secured and unsecured debt in challenging certain spin transactions
• An ad hoc group of first lien lenders in the out-of-court restructuring of Country Fresh, a provider of fresh-cut fruits and vegetables and snacking solutions. The company’s restructuring provided for, among other things, (a) the exchange of approximately $400 million of existing secured indebtedness into $60 million of second lien debt and 100% of the company’s reorganized equity, and (b) a new-money cash infusion of approximately $35 million to afford significant financial flexibility to support the company's long-term growth prospects
• An ad hoc group of debtholders of Concordia Healthcare, an international specialty pharmaceutical company based in Canada, in the restructuring of the company and its affiliates
• The first lien lender of Willbros Group, a global engineering and contractor company, in the company’s restructuring and sale