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Proskauer Rose LLP

THREE FIRST NATIONAL PLAZA, 70 WEST MADISON, SUITE 3800, CHICAGO IL 60602-4342, USA
Tel:
Work +1 312 962 3550
Fax:
Fax +1 312 962 3551
Email:
Web:
www.proskauer.com

Mark Thomas

Tel:
Work (312) 962-3560
Email:
Proskauer Rose LLP

Work Department

CORPORATE

Position

Mark Thomas, U.S. co-head of the Business Solutions, Governance, Restructuring & Bankruptcy Group, concentrates on corporate workouts, restructurings and bankruptcies. He represents various companies and handles cross-border restructurings and insolvency proceedings. Mark’s clients include: debtors and borrowers in Chapter 11 bankruptcy cases and in out-of-court workouts and restructurings; private equity sponsors and funds in acquisitions of distressed businesses, assets and securities; lenders, committees, and ad hoc investor and lender groups in restructurings, workouts and bankruptcies; and senior secured lenders and their agents in pre-petition, debtor-in-possession and exit financing facilities. Mark also represents buyers and sellers of distressed assets.


United States: Finance

Restructuring (including bankruptcy): corporate

Within: Restructuring (including bankruptcy): corporate

Proskauer Rose LLP has been handling a number of cases on the debtor side with a combination of lawyers from its Chicago and New York offices. In one of the headline cases of the year, practice head Martin Bienenstock and Timothy Karcher from the New York office represented Pacific Exploration Company in its pre-packaged bankruptcy cases in New York, Canada and Colombia, involving the restructuring of around $5bn of debt. On the creditor side, the team also continues to represent the unsecured creditors’ committee in all aspects of Caesars Entertainment Operating Company’s Chapter 11. In another high-profile engagement, the firm represented the Government Development Bank for Puerto Rico in its case before the US Supreme Court regarding the upholding of the Puerto Rico Public Corporation Debt Enforcement and Recovery Act against federal bankruptcy law. Further debtor-side engagements included advising The Budd Company on its Chapter 11, representing Ocala Funding in litigation arising from its 2012 bankruptcy, and assisting Monomoy Capital Partners with the pre-packaged Chapter 11 of its majority-owned portfolio company EveryWare Global. Mark Thomas co-chairs the practice with Bienenstock and Jeff Marwil. Partners named are based in Chicago unless otherwise stated.

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