Kaye Scholer

Representative engagements include:

• Represented 4Kids Entertainment in chapter 11. 4Kids is an entertainment and media company that managed licensing, broadcast and merchandising rights to popular children’s titles such as Cabbage Patch Kids, Teenage Ninja Mutant Turtles, Pokemon and Yu-Gi-Oh! The case was recognized as one of the most Successful Restructuring of 2012 by Turnarounds & Workouts. While in bankruptcy, 4Kids prevailed in a “bet the company” litigation over its most valuable license; negotiated a favorable settlement of remaining litigation claims; sold the license and other operating assets in a unique joint transaction under section 363 of the Bankruptcy Code; and confirmed a plan of reorganization that paid creditors in full, kept shareholders in place, reorganized the company and preserved significant NOLs. (SDNY).
  
  
• Represented GSC Group in chapter 11. GSC was an investment manager that managed a diverse portfolio of private equity, mezzanine loan, and distressed funds and CLOs/CDOs in the U.S. and Europe. At its peak, GSC had $28 billion of assets under management. GSC sold its assets to its lenders in a four-day auction completed in the first 60 days of the case. The sale was opposed by non-controlling lenders and ultimately approved under section 363 of the Bankruptcy Code. (SDNY).
  
  
• Represented agent for senior lenders in “secured party” sale of 560-condo development in Washington, DC. Sale was completed through a prepackaged chapter 11 plan confirmed in 60 days (D. Del.).
  
  
• Advised private investment firm’s grocery store platform in proposed buyout of Bashas, a 120-store grocery chain in chapter 11 (D. Ariz.).
  
  
• Represented Van Kampen Funds in chapter 11 filed by Ames Taping Tools, national building supplier based in Atlanta, GA. The lenders purchased the business in 363 sale that closed in 90 days (D. Del.).
  
  
• Advised Bank of Scotland in sale of two commercial buildings in lower Manhattan for $180 million. Contested sale was completed through prepackaged chapter 11 plan confirmed in 75 days (D. Del.).
  
  
• Advised Employbridge, national provider of staffing solutions based in Atlanta, GA, in sale of business to private equity firm.
  
  
• Represented JHT Holdings, national truck delivery service, in chapter 11, where plan was confirmed in under 120 days (D. Del.).
  
  
• Advised lender in restructuring of Capmark, originator and servicer of commercial real estate loans with portfolio of $288 billion. Client was largest lender in syndicate owed $5.5 billion (D. Del.).
  
  
• Advised MAAX Corp. in successful cross-border restructuring in Canada (CCAA) and US (chapter 15) (D. Del.).
  
  
• Represented Muvico Theaters, national chain of luxury movie theaters based in Fort Lauderdale, FL, in successful out-of-court restructuring.
  
  
• Represented chapter 11 plan administrator in Refco, Inc. (SDNY).
  
  
• Represented SEC-appointed trustee in wind-down of InterBank Funds, group of failed investment funds in Washington, DC (SDNY).
  
  
• Represented company’s senior management team in management buyout of plastic manufacturer Arrow Plastics in chapter 11 (N.D. Ga).
  
  
• Represented private investment firm in acquisition through chapter 11 of tier one auto suppliers Colfor Mfg. and Colmach Mfg. (N.D. Ohio).
  
  
• Represented Van Kampen Funds in chapter 11 cases and out-of-court restructurings throughout US, such as United Artists, Dimac, Harrah’s Jazz Casino, Imperial Sugar, Purina and Payless.
  
  
• Represented lender group in out-of-court restructuring of Medallion Financial, specialty finance company based in New York, NY.
  
  
• Advised lender steering committee in out-of-court restructuring of The Holmes Group, manufacturer of home appliances in Milford, MA.
  
  
• Represented thousands of breast implant claimants in chapter 11 of Dow Corning (E.D. Mich.).
  
  
• Represented surety in runoff of construction portfolio and liquidation of HA Lott, Inc., contractor that specialized in sports stadiums and other major infrastructure projects (S.D. Tex.).

Mr. Nurnberg was recognized as a “rising star” in bankruptcy and restructuring law in Chambers USA in 2007 and 2008. He is a member of the American Bankruptcy Institute. He is a former law clerk to the Hon. Jack B. Schmetterer, U.S. Bankruptcy Court for the Northern District of Illinois.