Bankruptcy and Restructuring

Portfolio Company Specialty Group

Experience

American Fibers and Yarns Company

Young Conway acted as lead counsel to American Fibre & Yarns and certain of its subsidiaries, the largest supplier of solution-dyed Polypropylene filament yarns, in their chapter 11 case in the United States Bankruptcy Court for the District of Delaware. With the assistance of Young Conaway, the Debtors received approval for the sale substantially all of their assets to Maynards Industries (1991) Inc. for a purchase price of $1,550,000.

Anchor Blue Holding Corp.

Young Conaway, along with Morgan Lewis & Bockius LLP, served as counsel to Anchor Blue Holding Corp. and certain of its subsidiaries in their chapter 11 case in the United States Bankruptcy Court for the District of Delaware. Based in Corona, California, the Debtors operated 117 apparel stores that sold closing and accessories bearing the Anchor Blue name. With the assistance of Young Conaway, Anchor Blue received approval to enter into an Agency Agreement between the Debtors and a joint venture of Gordon Brothers Retail Partners, LLC and Hilco Merchant Resources, LLC and to conduct store closing sales at all of the Debtors’ retail locations.

Berkline

Young Conaway, along with Morgan Lewis & Bockius LLP, served as counsel to Berkline/BenchCraft Holdings, LLC and certain of its affiliates in a chapter 11 case in the United States Bankruptcy Court for the District of Delaware. The Debtors were a leading North American designer and manufacturer of upholstered and reclining furniture. With the assistance of Young Conaway, the Debtors successfully liquidated their holdings in a 363 sale and confirmed a chapter 11 plan of liquidation.

Big Island Carbon

Young Conaway served as lead counsel to Big Island Carbon LLC in its chapter 7 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtor was a development company concentrating on the use of “green” technology to manufacture granular activated carbon for filtration devices and ultracapacitors to provide power boosts for windmills and hybrid cars.

Biogan International, Inc.

Young Conaway acted as lead counsel to Biogan International, Inc., a publically-traded “shell” company, in its pre-packaged, liquidating chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. With the assistance of Young Conaway, the Debtor successfully liquidated its assets and confirmed its plan

Fluid Routing Solutions Intermediate Holding Corp.

Young Conaway, along with Morgan Lewis & Bockius LLP, acted as counsel to Fluid Routing Solutions Intermediate Holding Corp. and certain of its affiliates in their chapter 11 proceeding before the United States Bankruptcy Court for the District of Delaware. The Debtors were leading designers and manufacturers of innovative, highly-engineered fuel management systems, fluid handling systems and hose extrusion products for major original equipment manufacturers in the automotive industry. With the assistance of Young Conaway, the Debtors received approval to sell their fuel business in a 363 sale.

Heartland Publications, LLC

Young Conaway acted as lead counsel to Heartland Publications, LLC and certain of its affiliates in their chapter 11 case in the United States Bankruptcy Court for the District of Delaware. The Debtors operated a media business that primarily focused on newspaper publishing, through which they produced approximately 50 paid publications consisting of community newspapers (dailies and weeklies) and specialty publications in medium and small sized markets. With Young Conaway’s guidance, the Debtors successfully confirmed a joint plan of reorganization and emerged from bankruptcy in 2010.

Impact Holdings

Young Conaway acted as lead counsel to Impact Holdings, Inc. in its chapter 7 proceeding in the United States Bankruptcy Court for the District of Delaware.

Indalex Holdings

Young Conaway acted as lead counsel to Indalex Holdings Finance, Inc. and certain of its affiliates in its chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtors were the second largest aluminum extruder and the largest independent extruder, in the United States and Canada. With the assistance of Young Conaway, the Debtors successfully sold substantially all of their assets in a 363 sale.

Journal Register Company

Young Conaway acts as co-counsel, along with Morgan Lewis & Bockius LLP, to Journal Register Company and certain of its affiliates in a chapter 11 proceeding in the United States Bankruptcy Court for the Southern District of New York. The Debtors are a national multi-regional, multi-platform media company, who own six daily newspapers and 42 non-daily publications, in addition to operating 237 individual websites, 38 smartphone and digital applications and 19 mobile sites, which are affiliated with their daily newspapers and non-daily publications. With Young Conaway’s assistance, the Debtors have filed a motion to sell substantially all of their assets, which is currently pending before the Court.

Lang Holdings, Inc.

Young Conaway acted as lead counsel to Lang Holdings, Inc. and certain of its affiliates in their chapter 11 proceeding in the United States Bankruptcy Court in the District of Delaware. The Debtors were a leading supplier of art and design driven calendars, back-to-school products, greeting card, stationery and specialty procedures. With Young Conaway’s guidance, the Debtors received approval to sell substantially all of their assets to LHI Enterprises, Inc.

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.

In re Monarch Holdings, Inc.

At the time that it commenced its Chapter 11 cases in 2008, Monarch and its affiliates collectively constituted one of the nation’s leading providers of fenestration products and services for the residential and commercial housing market. In the midst of one of the worst housing markets in decades, Young Conaway was able to lead Monarch’s successful efforts to consummate a sale of substantially all of its operating assets as a going concern pursuant to section 363 of the Bankruptcy Code.

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.

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.

Perkins & Marie Callender's Inc.

Young Conaway acted as co-counsel, with Troutman Sanders LLP, to Perkins & Marie Callender’s Inc. and certain of its affiliates in their chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtors were one of the leading operators of family-dining and casual-dining restaurants, under their two highly recognized brands : Perkins Restaurant and Bakery and Marie Callender’s Restaurant and Bakery. With Young Conaway’s assistance, the Debtors successfully confirmed their joint plan of reorganization and emerged from bankruptcy protection in 2011.

Pharmaceutical Formulations, Inc.

Young Conaway served as lead counsel to Pharmaceutical Formulations, Inc. in its chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtor was a publicly-traded private label manufacturer and distributor of nonprescription over-the-counter solid dose generic pharmaceutical products in the United States. With Young Conaway’s guidance, the Debtor successfully confirmed its plan of reorganization and emerged from bankruptcy protection in 2006.

Powermate Corporation

Young Conaway acted as co-counsel, along with Morgan Lewis & Bockius LLP, to Powermate Holding Corp. and certain of its affiliates, in their chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtors were one of the world’s leading manufacturer of portable and standby electric generators, pressure washers and accessories. With Young Conaway’s assistance, the Debtors successfully liquidated their assets, wound down their operations, confirmed their joint plan of liquidation and emerged from bankruptcy protection in 2009.

Smart Papers, LLC

Young Conaway acted as lead counsel to Premium Papers Holdco, LLC and certain of its affiliates in their chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtors were a market leading manufacturer, supplier, and marketer of premium cast-coated, matte-coated and uncoated printing and writing papers. With Young Conaway’s assistance, the Debtors successfully confirmed their joint plan of reorganization and emerged from bankruptcy protection in 2006.

Trico Steel Company

Young Conaway acted as lead counsel to Trico Marine Services, Inc. and 43 of its affiliates in their chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtors provided subsea services, subsea trenching and protection services, and towing and supply services and vessels, primarily to oil and natural gas exploration and production companies that operate in major offshore oil and gas producing regions around the word, including the North Sea, West Africa, Mexico, Brazil, and the Asia Pacific Region. With Young Conaway’s help, the Debtors successfully liquidated their assets, confirmed their joint plan of liquidation and emerged from bankruptcy protection in 2011