KTBS represents plaintiffs and defendants in bankruptcy and commercial litigation. The following is a representative list of litigation engagements.
Brobeck Phleger & Harrison LLP
Represented approximately 125 former partners in Brobeck Phleger & Harrison LLP in connection with claims asserted by the chapter 7 trustee for that firm; assisted the former partners in reaching a favorable settlement.
CHF Capital Partners
Successfully defended CHF against claims of more than $100 million relating to the leveraged buyout and subsequent chapter 11 of Burke Industries.
Dewey & LeBoeuf LLP
Represented approximately 40 former partners in connection with the bankruptcy case of this former multinational law firm; successfully resolved claims against this group of former partners pursuant to a court-approved global settlement.
Served as lead counsel for the Enron estate in the so-called “Mega Claims” litigation against Citigroup, Deutsche Bank and various related parties. This litigation was resolved successfully, resulting in the recovery by the estate of almost $1.7 billion in cash and waivers of in excess of $4.5 billion in claims.
Florida Power & Light
Successfully prosecuted litigation on behalf of FP&L and affiliates, relating to their ownership of numerous generating facilities, in connection with the Pacific Gas & Electric chapter 11 case and the related problems of Southern California Edison.
Heller Ehrman LLP
Represented approximately 60 former partners in Heller Ehrman LLP in connection with claims asserted by the creditors' committee of that firm; assisted the former partners in reaching a favorable settlement.
Represented approximately 60 former partners in Howrey LLP in connection with claims asserted by the chapter 11 trustee and creditors' committee of that firm; assisted the former partners in reaching a favorable settlement.
Iridium LLC et al.
Served as special litigation counsel to the official committee of unsecured creditors to investigate and prosecute claims against Iridium's lenders; successfully negotiated a settlement that resulted in more than $50 million for unsecured creditors.
Levine Leichtman Capital Partners
Represented, and successfully resolved litigation against, LLCP relating to the Chorus Line and Carole Little chapter 11 cases.
Pioneer Electronics (USA), Inc.
Represented Pioneer in connection with preference, fraudulent transfer and franchise termination litigation in numerous chapter 11 cases, including Druckers, Valley Media, Carter Hawley Hale, Ames Department Stores, Poplar Place Stereo and Highland Superstores.
Quokka Sports, Inc.
Represented an unofficial committee of the 7% Convertible Promissory Notes in this chapter 11 case and successfully settled, under a plan of reorganization, preference and other potential claims against the holders of the Notes totaling at least $12 million. The settlement provided for a full release of claims without any payment by noteholders, plus reimbursement of a substantial portion of the fees incurred by the firm.
Represented TCW in connection with litigation filed by the Brill Media chapter 11 estate against it.
Thorpe Insulation Company
Represented Thorpe Insulation Company, a former mechanical insulation installer, as special appellate counsel in connection with nearly thirty appeals stemming from a chapter 11 case in which it confirmed a plan of reorganization pursuant to section 524(g) of the Bankruptcy Code.
Washington Mutual, Inc./WMI Liquidating Trust
Serves as special litigation counsel with respect to potential claims against debtor’s former officers and directors on behalf of the successor to the chapter 11 estate for the holding company of Washington Mutual Bank, a major banking institution seized by the Federal Deposit Insurance Corporation.
KTBS in the News | Jun 2015
SCOTUSblog 2015 Wellness Networks v. Sharif, the Supreme Court's latest salvo in the wake of Stern v. Marshall reinforces bankruptcy court authority significantly. Analysis from SCOTUSblog at this link.Read More
Publications | Jun 2022
KTBS and its attorneys have once again been highly ranked by Chambers USA, which annually researches and ranks the leading firms and lawyers in an extensive range of practice areas throughout the United States. As it has for many years, KTBS ranks among the top law firms in the Bankruptcy…Read More
- Debtor Representations
- Creditor and Committee Representations
- Bankruptcy-Related Acquisitions / Investments
- Bankruptcy Litigation
- Insolvency-Related Commercial Litigation
- Out of Court Representations
- Corporate Finance
- Mergers & Acquisitions
- Trustee & Examiner Representations
- Expert Witness Engagements and Mediations