Movida Communications, Inc.

Young Conaway acted as lead counsel to Movida Communications, Inc. in its chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtor was a Mobile Virtual Network Operator, which provided pay-as-you-go wireless voice and data communications service, without owning its own cellular telephone network. With Young Conaway’s assistance, the Debtors successfully sold substantially all of their assets in a 363 sale and confirmed a plan of liquidation in 2009.