Constellation Brands, and a number of its subsidiaries, defending in a lawsuit in New York federal court relating to Corona Hard Seltzer and other Corona beers, arising out of a license agreement between Constellation and Modelo, an Anheuser-Busch InBev company.
EQT Corporation and certain of its officers and directors, defending in a consolidated putative securities class action, related individual securities fraud lawsuits arising out of EQT’s $6.7 billion acquisition of Rice Energy.
Thoma Bravo, as investors in SolarWinds Corporation, defending in a consolidated putative securities class action and two shareholder derivative suits stemming from a cybersecurity incident in 2020.
Owl Rock Capital, defending in a suit brought by a minority-owned investment firm in New Jersey federal court against Owl Rock, the State of New Jersey Division of Investment, Blackrock and others, alleging aiding and abetting fraud, unfair competition, civil conspiracy, and aiding and abetting RICO violations, arising from alleged discriminatory conduct by the Division of Investment and others, among other claims.
Grubhub and its CEO and CFO, defending in a purported securities class action filed in Illinois federal court concerning certain statements about the company’s growth, competitive landscape and strategy.
The Special Committee of the Board of Directors of Taubman Centers, represented in “material adverse change” litigation related to the attempted termination by Simon Property Group of its $9.8 billion Taubman acquisition. The case settled on the eve of trial in 2020 with the deal closing.
Neiman Marcus Group and 23 of its affiliates, represented in its Chapter 11 bankruptcy and in related litigation proceedings, including an adversary case alleging breach of fiduciary duty and bid meddling by one of its unsecured creditors. In 2020, NMG emerged from Chapter 11, successfully completing its restructuring of over $5.5 billion of funded indebtedness in under five months and becoming the first known retailer to have restructured over $5 billion of debt. A settlement was achieved in the adversary case in 2021.
Acosta, Inc., a multinational full-service sales, marketing, and retail merchandising agency with 30,000 employees, serving 1,200 blue chip companies across the globe, in its prepackaged restructuring of $3 billion of indebtedness. Acosta’s Chapter 11 plan was confirmed by the United States Bankruptcy Court for the District of Delaware just 15 days after the bankruptcy filing.
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.
Deluxe Entertainment Services Group Inc. and certain of its affiliates in their prepackaged Chapter 11 cases in the United States Bankruptcy Court for the Southern District of New York. Deluxe is a leading content creation-to-distribution company that provides digital media services to Hollywood studios, independent filmmakers, television networks, online content producers, and brands. The Deluxe Chapter 11 cases were filed with a prepackaged plan of reorganization that will consensually reorganize Deluxe by exchanging its secured debt for equity in the reorganized company.
EXCO Resources, Inc. in its Chapter 11 restructuring in the U.S. Bankruptcy Court for the Southern District of Texas. EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, acquisition, development and production company headquartered in Dallas, Texas with principal operations in Texas, North Louisiana and the Appalachia region. EXCO listed approximately $1.4 billion of funded debt obligations at the time of filing.
