Waller Lansden's Corporate Restructuring practice is national in scope, and the firm has played a prominent role in high profile bankruptcy cases spanning a wide range of industries. Waller Lansden represented the largest tranche of unsecured debt in the Kmart bankruptcy in Chicago, as well as the largest creditor on the Service Merchandise creditors committee in Nashville. The firm represented creditor parties in the bankruptcies of WorldCom and Enron Corp. Waller Lansden served as lead counsel for the Official Committees of Unsecured Creditors in the New American Healthcare Corp. and Texas Boot, Inc. bankruptcies. Further, the firm has represented debtors in bankruptcy proceedings, including PhyCor, Inc. in its Chapter 11 filing in the Southern District of New York, and NK Lawn & Garden Co. in Chattanooga, Tenn.
With nearly 200 years of combined legal experience, our corporate restructuring attorneys have a well-earned reputation for developing practical, proactive and cost-effective solutions to the legal issues involved in corporate bankruptcies, restructuring and work-outs. Several of our corporate restructuring attorneys serve in key roles in state, regional and national organizations focused on bankruptcy law, including president of the Tennessee chapter of the Turnaround Management Association, executive committee of the Tennessee Bar Association's Bankruptcy Law Section, membership chair of the American Bar Association's Trust Indentures subcommittee, and the Board of Directors of the Mid-South Commercial Law Institute. Four members of the firm's Corporate Restructuring practice are recognized for their experience in The Best Lawyers in America (Woodward White, Inc.), and two members are certified as specialists in Business Bankruptcy Law.
Our corporate restructuring attorneys have developed an expertise in representing indenture trustees and bondholders in default scenarios throughout the country, and we have gained the trust of large multinational financial institutions and banks through a commitment to client service that combines responsiveness with knowledge and experience. Waller Lansden's corporate restructuring attorneys work closely with the firm's financial services, securities, and real estate practices to provide comprehensive service in the complex area of corporate trust, and to protect indenture trustees in the exercise of their fiduciary duties. Representative engagements are listed here. To further serve our corporate trust clients, Waller Lansden publishes a regular corporate trust newsletter that offers informative tips on handling the thorny trust issues that often arise in default scenarios. To request a copy of this publication, please contact us by email.
In healthcare bankruptcy matters, our corporate restructuring practice is complemented by the firm's vast experience with the complex regulations governing the industry. The firm's headquarters in Nashville means that it has grown up with healthcare market over the last 40 years, and the firm provides legal services to the largest investor-owned hospital company in the world, as well as numerous other healthcare providers and businesses. In the default world, our healthcare regulatory experience is frequently called upon to protect the interests of providers, lenders, and debtors in light of Medicare, Medicaid and other issues. Waller Lansden represented the secured creditor group in the Intrepid U.S.A., Inc. Chapter 11 bankruptcy in Minneapolis, the largest home healthcare bankruptcy in the country. The firm also represented the secured lending group in the Response Oncology bankruptcy in Memphis, and represented hospital providers in the Chapter 11 bankruptcy of PhyAmerica Physicians Group, Inc. in Baltimore. Representative engagements within the healthcare industry are listed here.
Our attorneys assist clients in their relationships with troubled, bankrupt, or reorganizing companies that play key roles in their ongoing operations. Waller Lansden represents an international automaker in its relationships with the nation's largest automotive parts suppliers, including Delphi Corporation, which in 2005 filed the largest bankruptcy in American history. Additionally, we counsel the automaker in its dealings with other bankrupt or troubled suppliers to protect the company's supply chain.
To help the firm's corporate and financial clients avoid potential problems, our corporate restructuring attorneys frequently lend their experience to transactional matters. This insight, provided early in the negotiation and structuring of a transaction, often helps to either eliminate or minimize clients' risks should the other party fall on hard times. Similarly, our restructuring clients benefit from this cross-discipline approach with the complimentary experience and resources added by our attorneys from the firm's commercial lending, business transactions, real estate and dispute resolution practices.
