We have comprehensive experience in dealing with telecommunication-related matters under the Bankruptcy Code that includes representing a major telecommunications company in purchasing all of WorldCom’s shared tenant operations out of bankruptcy including, among other matters, negotiation and arbitration of telecommunications claims, purchases and circuit assignments.
We represent enterprise, carrier and financial clients including in the following areas:
Deal protections against counter-party bankruptcy risk through:
Drafting pre-bankruptcy contract clauses without violating the Bankruptcy Codes ipso facto prohibition.
Using of letters of credit, security agreements and collateral guaranties.
Creating bankruptcy remote special purpose entities.
Structuring a broadband wireless joint venture using a special purpose entity, spectrum leases, and other investment protections.
Representation of a major wireless carrier as creditors counsel in the Continental Promotions Group, Inc. Chapter 11 filing.
Various representations of clients in purchases of regulated telecom entities and assets out of bankruptcy.
Extensive participation In the WorldCom case.
Advising clients regarding the sale and acquisition of distressed assets, including claims purchases.
Representation of creditors with respect to executory contracts and creditor rights, resolution of claims, preference actions and other commercial disputes.
Structuring pre-bankruptcy protections and other creditor rights in telecom debtor bankruptcies.
Advising clients in crafting deal protections in transactions with distressed entities.
Helping clients navigate the complexities of compliance with Bankruptcy Code obligations and telecommunications regulatory requirements.
Appealing complex legal issues and commercial matters arising out of bankruptcy courts.