In re Metinvest B.V.

Young Conaway acted as co-counsel, with Allen & Overy LLP, to the foreign representative of Metinvest B.V. under the English Companies Act 2006 in its chapter 15 proceeding in the United States Bankruptcy Court for the District of Delaware. The debtor and its subsidiaries are, collectively, the largest vertically integrated mining and steel business in Ukraine, operating assets in each stage of the production chain from iron ore mining and processing, coking coal mining and coke production, through to semi-finished and finished steel production, pipe rolling and coil production and manufacturing other value-added products. The reorganization took two years and involved $2.3 billion in debt and, for its role in the Metinvest chapter 15 proceeding, Young Conaway was nominated for a Global Restructuring Review Award, specifically for "Innovation in Cross-border Insolvency and Restructuring."