Skyline Displays Buyer, Inc. — Represented leading event planning business that offers portable and custom modular exhibits and related services for face-to-face trade shows and events, in their out-of-court restructuring transactions, in response to the global pandemic. The successful restructuring extended the maturity of Skyline’s senior funded debt, raised new capital, cancelled junior debt, and provided significant covenant relief to allow the company to bridge to a recovery.
Bluestem Brands — Representing Bluestem Brands, Inc. and certain of its affiliates (“Bluestem”), a direct-to-consumer retailer that provides a wide array of merchandise through multiple channels under the Orchard and Northstar brand portfolios, in their Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware. Bluestem filed with over $460 million in funded indebtedness and a stalking horse purchase agreement that contemplates a going-concern transaction.
Murray Energy Holdings Co. — Representing Murray Energy Holdings Co. and certain of its subsidiaries in their Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Ohio. Murray is the largest privately-owned coal company in the United States, headquartered in St. Clairsville, Ohio, and has operations primarily in Ohio, West Virginia, Kentucky, Alabama, Illinois, Utah, and Colombia, South America. Murray employs nearly 5,500 people, including approximately 2,400 active union members. Murray entered Chapter 11 with approximately $2.7 billion in prepetition funded debt and more than $8 billion in actual or potential pension and employee benefit obligations.
