Bankruptcy-Related Acquisitions / Investments
KTBS represents entrepreneurial interests in seizure opportunities to acquire assets and businesses in chapter 11 cases and from ‘out of court’ restructurings.
Representative Client List
Acquirers & Others
- The Century Trust
Purchaser of real estate assets in chapter 11 case of Trancas Town Ltd.
- Crusader Entertainment
Acquirer of intellectual properties out of the Red Fern bankruptcy.
- GAP / Old Navy
Purchaser in the Loehmann's, Service Merchandise, Lauriat's, Crowley's, Steinbachs, and Caldor chapter 11 cases.
- Isotis S.A. / GenSci Orthobiologics
Represented European public company in takeover of bankrupt biotechnology subsidiary of Canadian public company.
- Paramount Pictures and Affiliates
Creditor and purchaser of the Mann Theatre chain.
- Starwood Ceruzzi LLC and Vornado Realty LLC
Purchaser in Hechingers chapter 11 case.
Equity Holders
- 203 North LaSalle Street Limited Partnership and Related Entities
Represented investors under chapter 11 reorganization plan on remand from the United States Supreme Court in the case of 203 North LaSalle Street Partnership; subsequent plan successfully confirmed.
- Einstein/Noah Bagel Corporation
Represented Gerald K. Smith, Trustee for the Boston Chicken Plan Trust, in the chapter 11 case filed by Einstein/Noah Bagel Corporation and Einstein/Noah Bagel Partners, L.P.
- The Lusk Company
Landlord in numerous chapter 11 cases.
- Pittsburgh Penguins
Represented a significant shareholder in the Pittsburgh Penguins hockey team, in connection with the chapter 11 case of that team.
- Transpacific Enterprises, Inc.
Represent the Joint Administrators of Ansett Holdings, Ltd., the sole shareholder of Transpacific Enterpises, Inc., a full service airline support company.
- Workflow Management, Inc.
Represented Perseus as an equity holder and creditor of Workflow Management, Inc. and its affiliated debtors. The firm assisted Perseus in negotiating and obtaining confirmation of a plan of reorganization supported by Perseus.