Chambers USA

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Committees

Squire Sanders’ US lawyers have extensive experience representing creditors’ committees, equity committees and other official and ad hoc committees in Chapter 11 cases. We are equally skilled in advocating for a committee hoping to set the agenda of a restructuring and in positioning a committee as a key partner with other constituencies to bring about consensual reorganizations. Our lawyers have extensive experience in balancing and reconciling the individual interests of committee members into a coherent strategy, maximizing a committee’s effectiveness.

We have served as committee counsel in some of the largest Chapter 11 cases in the United States including serving as co-counsel to the Official Committee of Unsecured Creditors of Enron Corp. and its affiliates. Our Enron engagement included acting as bankruptcy, structured finance, workout and settlement counsel for the Committee in connection with Enron’s largest, most complex and highest profile structured financing transactions aggregating more than US$20 billion. Other notable engagements as committee counsel include serving as counsel to the Committee of Chrysler Affected Dealers in Chrysler’s historic Chapter 11 case and counsel to the official committees of unsecured creditors in EnviroSolutions, Mesaba Aviation, SHC, Inc. (Top-Flite Golf), EaglePicher, Techneglas, Inc. and McCulloch Industries. We regularly represent clients serving on committees including in Phar-Mor, DBSI and Advanced Marketing Services.

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