Bankruptcy and Receivership

The Firm is experienced in representing trustees, secured and unsecured creditors (including institutional lenders and committees of creditors), acquiring entities, and debtors in a variety of bankruptcy cases and related adversary proceedings. The Firm has particular expertise in Chapter 11 reorganizations, liquidations of corporations and partnerships, and the development and implementation of loan work-outs and debt restructuring strategies. The Firm's attorneys have served as lead counsel for the debtors in the following Chapter 11 cases: New Florida Properties Corp.; CHS Electronics, Inc.; Florida West Airlines, Inc.; South Motors Companies; Beverage Canners International Corp.; CopperCom.Inc.; and Reptron Electronics Corp. The Firm has served as counsel for the bankruptcy trustees in the Omni Capital Group and Premium Sales bankruptcies.Members of the Firm have also served as counsel for official committees of note holders, indenture trustees, and unsecured creditors in many noteworthy Chapter 11 cases including Braniff, Inc.; Atlas Air, Inc.; Model Imperial, Inc.; SeaEscape Cruises, Inc.; Bertram-Trojan, Inc.; and Arrow Air, Inc.

The Firm's receivership group has more than 90 years of combined experience in federal and state receivership matters. Members of the Firm have served as federal and state equity receivers, and have also represented equity receivers, in major fraud cases at the request of the Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC), the Federal Trade Commission (FTC), the Florida Department of Financial Services, and the Florida Attorney General. As indicated in the attached biographies, the major cases where members of the group have acted as federal equity receivers at the request of the SEC include the $315 million ESM government securities fraud, and the separate cases of Pension Fund of America, Inc., et al. ($130 million), Viatical Capital, Inc., et al. ($60 million), Medco, Inc. and SunState FX, Inc. A member of the Firm also serves as the Conservator of the $250 million Future First Financial Group, Inc. viatical proceeding commended by the Florida Department of Financial Services. Major matters in which the Firm has represented federal and state equity receivers include International Medical Centers (Florida Department Financial Services), VIS Holdings Corp. d/b/a VIS Auto Finance (Miami-Dade County, Florida Circuit Court auto finance company receivership) Guarantee Security Life (Florida Department of Financial Services); FTC v. Slim America (FTC); Unique Gems International Corp. (State Receiver); Future First Financial Group, Inc. (Florida Department of Financial Services); Pension Fund of America, Inc., et al. (SEC); Viatical Capital, Inc., et al. (SEC); and SunState FX, Inc. (SEC). The Firm also represented a large group of investors in connection with an $85 million claim in the Mutual Benefits Corp. federal receivership.