Airline
During the past 25 years we have played a significant role in nearly every major airline bankruptcy or restructuring, including US Airways, TWA, Northwest, United, Continental, Delta, and many others. In these airline bankruptcy cases, we have represented debtors, major creditors, suppliers, investors, and other parties.
Experience Highlights
-
US Airways, as lead restructuring counsel, in the company's second Chapter 11 reorganization and its merger with America West Airlines.
-
Northwest Airlines, as special bankruptcy/labor counsel, in successful Chapter 11 proceedings, including Section 1113 litigation and a precedent-setting appeal to the Second Circuit concerning a bankruptcy court's ability to enjoin a strike following implementation of Section 1113 relief.
-
Successful Investors and Continental Airlines regarding confirmation of its Chapter 11 plan of reorganization and post-confirmation proceedings.
-
Counsel to Aircraft Lessors in obtaining Second Circuit victory in the Delta Airlines Chapter 11 case that upheld tax indemnity claims of leveraged lease owner participants.
-
Private Equity Fund regarding potential DIP financing and equity investment in Frontier Airlines.
-
Successful investors in the Chapter 11 reorganization of America West Airlines.
-
TPG as the stalking horse investor in the first US Airways bankruptcy case and as the purchaser of world's second largest airline caterer, Gate Gourmet, from the Swiss Air insolvency proceedings.
-
Gate Gourmet, as a significant supplier and creditor, in the United Airlines and Delta Airlines bankruptcy cases.
-
Five Aircraft Lessors and Two Real Property Lessors in counseling regarding their holding filed claims against United Airlines of nearly $1 billion.