Timothy W. Walsh

Overview

Timothy (Tim) W. Walsh advises clients on all aspects of restructuring transactions. He is global head of the Firm’s Restructuring & Insolvency practice.

Results

Representing international fuel bunker supplier O.W. Bunker Germany GmbH as a debtor in Chapter 15 proceedings and in connection with litigation in New York and Texas regarding unpaid fuel bunker receivables
Representing an $80 billion publicly traded company in connection with seeking access to sealed information filed in 13 asbestos bankruptcy cases

Representing four of the world’s five largest intermodal shipping container lessors in the Chapter 15 case of Hanjin Shipping Co., Ltd. and related insolvency proceedings worldwide, including Korea
Representing Japanese real estate portfolio in connection with the wind-up of all operations under state dissolution proceedings and in Chapter 11 proceedings
Represented Affirmative Insurance Holdings, Inc., a publicly traded insurance company, as a debtor in Chapter 11 proceedings
Represented intraoperative neurophysiological monitoring company ProNerve Holdings, LLC, as a debtor in Chapter 11 proceedings, including a successful sale of ProNerve’s assets for $35 million pursuant to Section 363 of the Bankruptcy Code
Represented ad hoc bondholder group holding $300 million in principal amount in connection with the reorganization of Brazilian oil and gas company OGX Petroleo & Gas Participacoes SA, the largest restructuring in Latin America to date
Represented renewable energy investment fund in connection with the potential acquisition of $1 billion of solar energy assets in the United States under Section 363 of the Bankruptcy Code
Represented secured lenders in connection with a senior secured credit facility in the amount of $306 million for the private portion of the financing of a 99-year concession for a toll road in the United States
Debtor’s counsel in an out-of-court international restructuring of a $2 billion real estate portfolio
Debtor’s counsel in Chapter 11 proceeding of Victory Memorial Hospital Confirmed plan
Debtor’s counsel in Chapter 11 proceeding of The Parkway Hospital, Inc. Confirmed plan
Debtor’s counsel in Chapter 11 proceeding of Western Dialysis Management Center Confirmed plan
Debtor’s counsel in Chapter 11 proceeding of Globe Metallurgical, Inc. confirmed plan
Debtors’ counsel in Chapter 11 proceedings of Empire One Telecommunications, Inc. et al. confirmed plan
Represented residential condominium high rise owner in restructuring of a $40 million secured credit facility
Represented foreign bank as lender in its $500 million participation in a multi-billion dollar senior unsecured revolving credit facility with borrowers Countrywide Financial Corporation and Countrywide Home Loans, Inc., the country’s largest mortgage provider
Represented a lender and noteholder in several distressed credit facilities and collateralized bond offerings involving Credit-Based Asset Servicing and Securitization LLC (C-Bass) and several C-Bass affiliates as borrowers and issuers of commercial paper, including credit facilities and indentures in an aggregate amount of approximately $3 billion
Represented bidders in connection with the potential acquisition of casino and related assets in Atlantic City, New Jersey, under Section 363 of the Bankruptcy Code
Represented foreign bank in workout of $110 million portfolio of equity loans to builders throughout Florida, secured by assignments of the underlying notes and mortgages
Represented the counsel to Official Committee of Unsecured Creditors in Lisanti Foods, Inc., et al.
Represented bondholder group holding in excess of $180 million in Genesis Health Ventures et al. bankruptcy cases