experience

Experience

Zohar Funds the largest secured creditor in automotive company bankruptcy

Waller represented the Zohar Funds, as the largest secured creditor, in the Dura Automotive Systems LLC bankruptcy case filed in the United States Bankruptcy Court for the Middle District of Tennessee on October 17, 2019. On the petition date, the Dura debtors owed over $104 million USD to the Zohar Funds. Dura proposed using another party as Debtor-in-Possession lender which would have made it very difficult for Zohar to recover anything in the case.

Waller successfully contested Dura's originally proposed DIP loan and had the Dura case transferred from the Middle District of Tennessee to the United States Bankruptcy Court for the District of Delaware.

To learn more, see media coverage here and here.

Related Professionals

Related Services

Related Experience

UMB Bank recoups losses via sale of debtor’s assets

Represented UMB Bank as Bond Trustee holding a security interest on all of the assets of a bankrupt biomass manufacturer and facilitated the bank’s sale of those assets.

Eagle Valley Development asserts damages caused by oil company’s improper fracking

Represented Eagle Valley in the Chapter 11 case of the oil and gas exploration and production company, seeking a setoff for damages to well.

FM Coal and affiliates confirm plan of reorganization

Served as lead bankruptcy counsel to FM Coal, LLC and five of its affiliates in their Chapter 11 cases and in negotiating a plan of reorganization.

View More