Graceway Pharmaceuticals, LLC

Young Conaway served as co-counsel, with Latham & Watkins LLP, to Graceway Pharmaceuticals, LLC and certain of its affiliates in their chapter 11 proceeding in the United States Bankrutpcy Court for the District of Delaware. Prior to their bankruptcy filing, the debtors were a specialty pharmaceutical company focused on generating sales growth and developing, in-licensing and acquiring branded prescription products primarily in the areas of dermatology, respiratory, and women's health. With the assistance of Young Conaway, the debtors successfully sold substantially all of their assets in a 363 sale, confirmed a plan of liquidation, and emerged from bankruptcy protection on May 4, 2012.