Overview
Carmen Cuza Dingman advises clients on corporate and transactional matters with a particular focus on bankruptcies, restructurings, reorganizations and workouts. Carmen has represented large domestic and international companies in a variety of industries (e.g., media and entertainment, aviation, exploration and production, electricity and gas commodities) on multibillion dollar bankruptcy‑related matters.
She received her JD from the Northwestern University Pritzker School of Law, where she served as an executive editor for the Journal of International Law and Business. During law school, Carmen served as a judicial extern for Judge Deborah L. Thorne of the US Bankruptcy Court for the Northern District of Illinois.
Results
- Represented Wellpath Holdings, Inc. and certain of its affiliates in their chapter 11 cases in the US Bankruptcy Court for the Southern District of Texas. Wellpath is the leading provider of healthcare to vulnerable patients in challenging clinical environments and had debt obligations of approximately $650 million as of the chapter 11 filing. The representation included a court-approved sale of Wellpath’s Recovery Solutions division for a purchase price of $395 million and the reorganization of Wellpath’s Corrections business. Wellpath filed its chapter 11 cases with a restructuring support agreement signed by 85% of its first-lien lenders and more than 80% of its second-lien lenders, through which Wellpath secured an approximately $326 million debtor-in-possession financing facility. McDermott negotiated and Wellpath issued, upon exit, a $135 million first lien takeback credit facility and $50 million equity investment from a group of first- and second-lien lenders
- Represented Output Services Group, Inc. and certain of its affiliates in their prepackaged chapter 11 cases in the US Bankruptcy Court for the Southern District of Texas. Output Services Group is a leading provider of print and digital payments solutions, employing approximately 1,400 employees and with funded debt obligations of approximately $754 million as of the chapter 11 filing. Output Services Group filed their chapter 11 cases with a restructuring support agreement signed by approximately 87% of their prepetition first lien lenders that included a $50 million debtor-in-possession financing facility and that eliminated approximately $550 million of their funded debt obligations
- Represented Cineworld Group plc, the parent company of Regal Entertainment Group, and 104 of its debtor affiliates in their chapter 11 cases in the Bankruptcy Court for the Southern District of Texas. Publicly traded on the London Stock Exchange, Cineworld is the second-largest cinema chain in the world, operating more than 9,100 screens at nearly 750 cinemas across 10 countries. Cineworld began its chapter 11 cases with approximately $5.1 billion in funded debt and commitments from an ad hoc group of prepetition lenders to provide nearly $2 billion in debtor‑in‑possession (DIP) financing*
- Represented STX Filmworks, Inc., a film, television, and digital media production company; its subsidiaries; and its corporate parent, Eros STX Global Corporation, in the stock sale of STX to an affiliate production company of The Najafi Companies for $158 million. In furtherance of the sale, two STX subsidiaries filed chapter 11 filings to protect the company’s valuable assets from termination and to avoid a “whole company” chapter 11 filing. Following the sale transaction, the two STX subsidiaries secured the orderly dismissal of their chapter 11 cases with the consensual support of all economic stakeholders*
- Represented Nordic Aviation Capital Designated Activity Company and its subsidiaries in connection with their prearranged chapter 11 cases in the Bankruptcy Court for the Eastern District of Virginia. With more than $7.7 billion of liabilities, Nordic Aviation Capital was the largest chapter 11 filing in 2021*
- Represented Just Energy Group Inc., an Ontario-based leading retail consumer company specializing in electricity and natural gas commodities, energy efficiency solutions, and renewable energy options, in its chapter 15 proceedings in the United States to recognize proceedings that began in Canada under the Companies’ Creditors Arrangement Act. The insolvency proceedings successfully culminated in a Canadian-court approved and US-court recognized sale transaction*
- Represented HighPoint Resources Corporation and its subsidiaries in their prepackaged chapter 11 cases in the Bankruptcy Court for the District of Delaware. HighPoint is a leading exploration and production company with assets in the Denver-Julesburg Basin in Colorado. HighPoint obtained confirmation of its chapter 11 plan within four days of the petition date*
- Represented Tailored Brands, Inc. and its 17 affiliates in their prearranged chapter 11 cases. Tailored Brands is a leading specialty retailer of men’s clothing and the largest men’s formalwear provider in the US and Canada*
- Represented Oasis Petroleum Inc. and its affiliates in their prepackaged chapter 11 cases filed in the Bankruptcy Court for the Southern District of Texas to restructure approximately $2.3 billion in debt obligations. The chapter 11 plan equitizes more than $1.8 billion of unsecured debt and provides for committed DIP to exit financing*
*Matter handled prior to joining McDermott.
Credentials
Education
Northwestern University Pritzker School of Law, JD, 2020
University of Central Florida, BA, summa cum laude, 2016
Admissions
Illinois
Languages
Spanish
