D. Tyler Nurnberg | People | Arnold & Porter

Tyler Nurnberg is a partner in Arnold & Porter’s Bankruptcy & Restructuring Group. He focuses his practice on representing borrowers, lenders, and other clients in out-of-court restructurings and Chapter 11 cases. He routinely represents purchasers acquiring distressed businesses. He also advises equity sponsors, boards, special committees and directors of troubled companies.

Mr. Nurnberg has played a leading role in complex restructurings in the retail, energy, oil & gas, food & beverage, media, automotive, manufacturing, apparel, healthcare, construction and real estate industries, including as lead counsel to Borden Dairy in its recently-concluded Chapter 11 cases (D Del).

Mr. Nurnberg has been recognized in Chambers USA every year since 2013, where he was described as someone who “cuts to the chase, sees the big picture and can get a lot of different parties with competing interests on the same page. He’s very good at building consensus and seeing through all of the noise and dust to find the common ground.”

Mr. Nurnberg manages Arnold & Porter’s Chicago office and serves on the Policy and Compensation Committees. He is licensed in Illinois and New York.

Focus Areas

Experience

BP Global Products, in Limetree Bay Refinery’s Chapter 11 case (SD Tex) and related putative class action litigation (D USVI).
Secured noteholders of Bronx Parking, which operates the main parking garages serving Yankee Stadium, in complex restructuring (pending).
Ad hoc group of B2/B3 lenders in Toys "R" Us Chapter 11 case (ED Va).
Agent for term lenders in Noranda Aluminum Chapter 11 case (ED Mo).
Agent and ad hoc group of lenders to Transtar, the largest US distributor of auto transmission parts, which was restructured under Chapter 11 (SDNY).

BP Global Products, in McDermott International’s Chapter 11 case (SD Tex).
Ad hoc group of lenders to Autoparts, a manufacturer of automotive parts, in connection with the contested restructuring of bankrupt affiliate UCI (D Del).
Agent for lenders to NYDJ in litigation and out-of-court restructuring (NY).
Agent for DIP lenders to Gibson Guitars in Chapter 11 case (D Del).
Agent to term lenders to Southcross Energy in Chapter 11 case (SD Tex).
Agent for DIP lenders to Tops Markets in Chapter 11 case (SDNY).
Agent for DIP lenders to Orexigen in Chapter 11 case (D Del).
Secured lenders in out-of-court restructuring and fraud litigation relating to three luxury multi-family development projects in Santa Monica (CA).
Agent for lenders in secured party sale of 560-condo development in Washington, DC. "Prepackaged" plan confirmed in 60 days (D Del).
Agent for term lenders to Relativity Media in its Chapter 11 case (SDNY).
Lenders in sale of two commercial buildings in Manhattan for $180 million. Contested sale "prepackaged" plan confirmed in 75 days (D Del).
Largest lender to Capmark, an originator and servicer of commercial real estate loans, in Chapter 11 (D Del) case–lenders owed $5.5 billion.

Borden Dairy, the iconic dairy processor with annual revenues in excess of $1.4 billion, in Chapter 11 cases (D Del). Borden sold substantially all of its assets following a 10-day "virtual" auction at the height of the pandemic.
Liberty Tire, the premier provider of tire recycling in the US and Canada, in its out-of-court restructuring, which was recognized as "Out-of-Court Restructuring Deal of 2015" by The M&A Advisor.
4Kids, which managed licensing, broadcast and merchandising rights to children's titles, in Chapter 11 case and related litigation (SDNY). The case was recognized as one of the "Most Successful Restructurings of 2012" by Turnarounds & Workouts.
JHT Holdings, a national truck delivery service, in its Chapter 11 case, where a contested plan was confirmed in 120 days (D Del).
PDM Bridge, a fabricator of steel components for bridges, in its out-of-court restructuring and sale to a distressed investor through a foreclosure.

GSC Group, which managed private equity, mezzanine loan, and distressed funds and CLOs ($28 billion AUM), in its Chapter 11 case (SDNY).
SEC-appointed receiver in six-year wind-down and related litigation involving InterBank Funds, a group of failed investment funds (SDNY).
Counseled large OEM on mass tort issues relating to defective airbags.
MAAX Corp., a bath fixture manufacturer, in cross-border proceedings in Canada (CCAA) and the US (D Del); assets sold to investment firm.
Employbridge, a national provider of staffing solutions based in Atlanta, GA, in out-of-court restructuring; business sold to private equity firm.
Muvico Theaters, a national chain of luxury movie theaters, in successful out-of-court restructuring; business was sold to private equity firm.

Japanese refinery company as successful bidder for assets of Republic Metals, one of North America's largest refiners of gold, silver and precious metals, in Chapter 11 case (SDNY). The acquisition was recognized as "Materials Deal of the Year" for 2020 by The M&A Advisor.
Lead investor that acquired Mexican construction company in restructuring of $3.5 billion of debt through "prepackaged" plan in Mexico.
Canadian enterprise acquiring US public and privately-held companies.
Global investment fund in connection with its distressed investment in the underground parking garages located on downtown Chicago's lakefront.
Private equity firm in connection with bid for Aquion Energy (D Del).

Sorema, the Italian company, in connection with its investment in Perpetual Recycling Systems, a plastics recycler, and sale of the business.
Investment firm in bid for distressed grocer Bashas (D. Ariz).
Largest lender to Ames Taping Tools, a national building supplier based in Atlanta, GA, which acquired Ames’ assets in Chapter 11 case (D Del).
Agent to senior lenders to Targus, the laptop case and accessory manufacturer, in foreclosure and acquisition of company (LA Sup. Ct).
Global private investment firm in acquisition through Chapter 11 of tier one auto suppliers Colfor and Colmach Manufacturing (ND Ohio).