Mr Timothy Karcher > Proskauer Rose LLP > New York, United States > Lawyer Profile

Proskauer Rose LLP
11 TIMES SQUARE
NEW YORK, NEW YORK 10036-8299
NEW YORK
United States
Timothy Karcher photo

Work Department

Corporate

Position

Timothy Karcher is a partner in Proskauer’s Business Solutions, Governance, Restructuring & Bankruptcy Group where he focuses his practice on bankruptcy, financial restructuring, insolvency, crisis management, financial reform, and the acquisition and sale of assets and troubled companies in and out of chapter 11.

He is currently serving as counsel to the Debtors in Murray Metallurgical Coal Holdings, LLC. He played a leading role in the representation of the Creditors Committee in the chapter 11 cases of Westinghouse Electric Company, one of the largest chapter 11 cases of 2017 with estimated liabilities of several billion dollars. He is also counsel to the Trustee in ITT Educational Services, Inc., the largest for-profit college bankruptcy, and has held significant roles in some of the most important restructuring cases of the past decade, including Pacific Exploration and Production Corp. (debtors’ counsel for $6 billion international oil and gas exploration restructuring), Rotech Healthcare, Inc. (debtors’ counsel in $800m restructuring), MF Global (committee counsel), Enron Corporation (debtors’ counsel), Ames Department Stores (debtors’ counsel), G-I Holdings (debtors’ counsel), and Regal Entertainment (debtors’ counsel). In addition, Timothy has represented individual creditors, statutory committees and ad hoc groups in the restructuring cases of OneWeb Global Limited, McDermott International, iPic International, Weatherford International PLC, ENNIA Caribe Holding BV, Ultra Petroleum Corp., BFN Operations, TransCare Corporation, Hoop Holdings (Disney Stores), Kodak, New World Pasta, Coram Healthcare, American Airlines, Blockbuster, Trident Microsystems, Innkeepers Trust USA, Chrysler Financial Corporation, Midway Games, and New Stream.

Lawyer Rankings

United States > Finance > Restructuring (including bankruptcy): corporate

Proskauer Rose LLP has a multifaceted practice and represents a range of clients including companies, lenders, investors, unsecured creditors and independent fiduciaries. David Hillman acted as lead partner in the representation of Murray Metallurgical Coal Holdings LLC and its five subsidiaries, in its Chapter 11 cases pertaining to $270m of funded debt. Timothy Karcher and Charles Dale assisted the matter and sought the approval of a $90m senior and junior DIP loan. Martin Bienenstock chairs the team from New York, while Jeff Marwil is the US co-head and is based in Chicago. Lawyers are in New York unless otherwise stated.