Managing Partner, Chicago Office
tyler.nurnberg@kayescholer.com
Chicago
T: (312) 583-2313
F: (312) 583-2360
Tyler Nurnberg is a partner in Kaye Scholer’s Bankruptcy & Restructuring Group and Managing Partner of the firm’s Chicago office. He is licensed in Illinois and New York. His practice consists of representing clients in bankruptcies, out-of-court restructurings and distressed M&A throughout the United States. He has helped public and privately-held companies prepare and implement complex restructuring strategies, including through prepackaged or pre-negotiated chapter 11 cases and “cross border” cases in foreign jurisdictions. He advises private equity funds in their dealings with distressed portfolio companies. He represents agents, lenders, steering groups, hedge funds and other financial institutions in connection with troubled borrowers. He also represents both strategic and financial investors looking to invest in or acquire distressed businesses or assets.
Mr. Nurnberg is recognized as a leading bankruptcy/restructuring practitioner in Chambers USA, where he was singled out by clients for his “business savvy” and ability to “provide practical solutions to complicated problems.” In addition, his practice group is recognized as one of the top bankruptcy/restructuring practices in Illinois by Chambers USA 2013, and the group also received highly-coveted “tier 1” rankings nationally and in Chicago in U.S. News-Best Lawyers 2013.
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. The case was recognized as one of the most Successful Restructurings 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 joint transaction; and confirmed a plan of reorganization that paid creditors in full, reorganized the company and preserved significant NOLs. (SDNY).
- Represented GSC Group in chapter 11. GSC managed private equity, mezzanine loan, and distressed funds and CLOs/CDOs in the U.S. and Europe and at its peak had $28 billion under management. (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, a 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 that involved multiple filings in Canada (CCAA) and the 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.
Mr. Nurnberg is a former law clerk to the Hon. Jack B. Schmetterer, U.S. Bankruptcy Court for the Northern District of Illinois.