Experience

Ascent Resources Marcellus Holdings, LLC

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Ascent Resources Marcellus Holdings, LLC and its affiliated debtors were formed to acquire, explore for, develop, produce, and operate natural gas and oil properties in the Marcellus Shale basin, one of the largest shale plays in the United States encompassing over 30 million acres across four states in the eastern U.S.  The debtors commenced their chapter 11 cases to obtain approval of a prepackaged plan of reorganization meant to not only reduce debt, but also maintain the underlying value of the debtors’ businesses and position the debtors for future growth.  The prepackaged plan of reorganization was approved 45 days after the commencement of the chapter 11 cases and significantly de-levered the debtors through a debt for equity conversion while providing general unsecured creditors with a 100% recovery.  Young Conaway was retained to represent the Debtors, as co-counsel to Sullivan & Cromwell.

Pemco World Air Services, Inc.

Young Conaway acts as lead counsel to Pemco World Air Services, Inc. and certain of its affiliates in their chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtors are an industry leader in maintenance, repair and overhaul for wide and narrow body aircraft and regional jets from around the world. With more than 300 cargo conversions, the Debtors are also the world’s leading provider of narrow body aircraft cargo conversions. With Young Conaway’s help, the Debtors received approval to sell substantially all of their assets to Avion Services Holdings, Inc. The Debtors have filed a joint plan of liquidation, which is pending before the Court.

Hussey Copper Corp.

Young Conaway acted as co-counsel to Revere Copper Products, Inc. in the chapter 11 proceedings of Hussey Copper Corporation and certain of its affiliates in the United States Bankruptcy Court for the District of Delaware.

Los Angeles Dodgers LLC

Young Conaway acted as co-counsel, along with Dewey & LeBoeuf LLP, to the Los Angeles Dodgers LLC and certain of its affiliates in their chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware. The Los Angeles Dodgers are one of the oldest professional baseball teams in the United States and are presently located in Los Angeles, California. With Young Conaway’s and Dewey's assistance, the Debtors successfully confirmed their chapter 11 plan of reorganization and emerged from bankruptcy in 2012.