Bankruptcy and Restructuring

Creditor Committee Practice

Experience

NewPage Corporation

Young Conaway acts as co-counsel to the Official Committee of Unsecured Creditors of Newpage Corporation, et al., in their Chapter 11 proceeding pending in the United States Bankruptcy Court for the District of Delaware. As of the petition date, the Debtors comprised the largest coated paper manufacturer in North America based on production capacity.

M Waikiki LLC

Young Conaway served as co-counsel for the Official Committee of Unsecured Creditors of M Waikiki LLC, in its chapter 11 proceeding before the United States Bankruptcy Court for the District of Hawaii. M Waikiki was formed to acquire a hotel property in Honolulu, Hawaii, The Modern Honolulu, which it owned as the petition date.

Peregrine Systems, Inc.

Young Conaway served as co-counsel to the Official Committee of Unsecured Creditors for Peregrine Systems, Inc., et al., a leading provider of "Infrastructure Management" software.

Velocity Express Corporation

Young Conaway served as counsel to the Official Committee of Unsecured Creditors in the Chapter 11 proceeding of Velocity Express Corporation, et al., in the United States Bankruptcy Court for the District of Delaware. As of the petition date, the Debtors were engaged in the business of providing "time definite logistics services."

Cooper-Standard Holdings Inc.

Young Conaway acted as co-counsel to the Official Committee of Unsecured Creditors of Cooper-Standard Holdings, Inc. and certain of its affiliates, chapter 11 debtors in the United States Bankruptcy Court for the District of Delaware. Prior to the petition date, the Debtors were a leading global manufacturer of fluid handling, body sealing and noise, vibration and harshness control ("NVH") components, systems, subsystems, and modules, primarily for use in passenger vehicles and light trucks for global original equipment manufacturers and replacement markets.

Spansion Inc.

Young Conaway served as co-counsel for the Official Committee of Unsecured Creditors of Spansion Inc., et al., a semiconductor device company that designs, develops, manufactures, markets, licenses and sells "Flash Memory" solutions, which are semiconductor devices used to access and store digital information.

Medifacts International, Inc.

Young Conaway acted as lead counsel to Medifacts International, Inc. in its chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtor was in the business of providing clinical trial services to pharmaceutical, biotech and medical device companies that are developing therapeutic drugs and products. The Debtor was also a global leader in cardiac safety monitoring services, including ambulatory blood pressure monitoring, ECG and Holder. With Young Conaway’s assistance, the Debtor successfully confirmed its chapter 11 plan of reorganization and emerged from bankruptcy in 2007.

DURA Automotive Systems, Inc.

Young Conaway serves as co-counsel to the Official Committee of Unsecured Creditors of DURA Automotive Systems, the largest independent designer and manufacturer of Driver Control Systems, and a leading supplier of door modules, glass systems, seat mechanishms and structures, and engineered assemblies.

Easy Gardener Products, Ltd.

Young Conaway served as sole counsel to the Official Committee of Unsecured Creditors in the In re Easy Gardener Products, Ltd. cases. Easy Gardener was a leading manufacturer and marketer of a broad range of consumer lawn and garden products. Young Conaway advised the Committee in connection with an expedited sale of substantially all of the company's assets and assisted in the formulation of a consensual plan of liquidation that provided for a significant recovery to unsecured creditors.

World Health Alternatives, Inc.

Young Conaway served as counsel to the Official Committee of Unsecured Creditors in the Chapter 11 proceeding of World Health Alternatives, Inc., et al., in the United States Bankruptcy Court for the District of Delaware. As of the petition date, the Debtors were providers of healthcare staffing services to hospitals and other healthcare facilities throughout the United States.

Uniflex, Inc.

Young Conaway is currently co-counsel to the Official Committee of Unsecured Creditors in In re Uniflex, Inc. Uniflex, Inc. designs, manufactures and sources a broad line of customized plastic, clear, paper and non-woven bags, as well as packing materials, plastic envelopes, promotional products and products for various segments of the healthcare industry. In December 2004, the U.S. Bankruptcy Court for the District of Delaware approved the sale of substantially all of the assets of Uniflex, Inc.

PSA Quality Systems (Ohio), Inc.

Young Conaway served as counsel to the Official Committee of Unsecured Creditors for PSA Quality Systems (Ohio), Inc. in its chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. As of the petition date, the Debtors provided logistical services, including containment, sorting, rework, repacking, inventory management, material handling, warehousing, distribution, customer representation, sequencing and subassembly, for automotive manufacturers, Tier One and Tier Two suppliers, and other industries

Source Precision

Young Conaway served as sole counsel to the Official Committee of Unsecured Creditors in the Source Precision Medicine, Inc. ("Source Precision") chapter 11 proceeding. Source Precision is a growth/molecular medicine company providing services in this biotech and Pharmaceutical industry. Young Conaway successfully worked with the Debtor and Debtor’s professionals to restructure Source Medicine’s business.

Constar International, Inc.

Young Conaway acted as co-counsel, with Goodwin Procter LLP, to the Official Committee of Unsecured Creditors of Constar International, Inc. and certain of its affiliates in their chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. Prior to its bankruptcy filing, Constar and its affiliates were a global producer and the largest North American suppliers of polyethylene terephthalate ("PET") plastic containers for conventional PET applications, primarily designed and manufactured for soft drinks and water.

Cable & Wireless USA, Inc.

Young Conaway acted as co-counsel to the Official Committee of Unsecured Creditors of Cable & Wireless USA, Inc. and certain of its affiliates, in a chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware.

Trenwick America Corporation, et al.

Young Conaway serves as sole counsel to the Official Committee of Unsecured Creditors in this reorganization of an international insurance holding company with approximately $3 billion in combined assets and liabilities. Young Conaway advised the Committee in connection with the sale of Trenwick's foreign subsidiaries and assisted in the formulation of a consensual plan restructuring approximately $400 million in debt.

ANC Rental Corporation, et al.

Young Conaway served as co-counsel to the Official Committee of Unsecured Creditors in the Alamo and National Car Rental bankruptcy cases. ANC Rental Corporation filed its bankruptcy cases based upon its sharp decline in business after September 11, 2001, and Young Conaway worked with the committee and the debtors as they restructured the debtors' businesses by combining Alamo and National rental services at airports across the country. Young Conaway also participated in negotiations concerning a sale of substantially all of the debtors' assets and assisted in the preparation and submission, prosecution and confirmation of a joint plan of liquidation.

Pillowtex, Inc.

Young Conaway acted as co-counsel to the Official Committee of Unsecured Creditors. Pillowtex was a national textile manufacturer and distributor. Pillowtex and its debtor affiliates emerged from bankruptcy as reorganized debtors in May 2002 after the restructuring of substantial secured and bond debt, as well as the issuance of common stock and warrants to its unsecured creditors

Loewen Group International, Inc.

Young Conaway acted as co-counsel to the Official Committee of Unsecured Creditors in the Loewen Group International, Inc. chapter 11 case. Loewen owned or operated more that 1,100 funeral homes and more than 400 cemeteries across the United States, Canada and the United Kingdom. Loewen's domestic bankruptcy case ran in tandem with its petitions filed under the Canadian Companies' Creditors Agreement Act in Vancouver, British Columbia. Because of the depth of its bankruptcy practice, Young Conaway was uniquely qualified to represent the Official Committee and to handle the difficult cross-boarder bankruptcy issues, which resulted in Loewen's successful prosecution of a chapter 11 plan of reorganization.

Polaroid Corporation, et al.

Young Conaway acted as co-counsel to the Official Committee of Unsecured Creditors in the chapter 11 cases of Polaroid Corporation and its affiliates. Prior to the sale of substantially all of their assets in the chapter 11 proceeding, Polaroid was a worldwide leader in instant imaging. As counsel for the Official Committee of Unsecured Creditors, Young Conaway and its co-counsel handled the claims reconciliation process for a claim pool of over 9,000 claims with an aggregate asserted amount of over $6 billion and represented the estates' position at the confirmation hearing, which resulted in Court approval of the plan. Post-confirmation, Young Conaway served as co-counsel to the Plan Administrator.

Golden Ocean Group Limited

Young Conaway acted as co-counsel to the Official Committee of Unsecured Creditors in the Chapter 11 Cases of Golden Ocean Group Limited, an international shipping company, which successfully confirmed a chapter 11 plan of reorganization.