Latécoère. We represented Apollo Funds and Monarch Alternative Capital in the $107 million sale of shares in French-listed Latécoère, the world’s leading independent manufacturer of aircraft doors, to Searchlight Capital Partners.

DEMA SpA. We represented Bybrook Capital and Morgan Stanley in debt restructuring transactions for DEMA SpA, an Italian aeronautics parts manufacturer, which included Bybrook Capital’s acquisition of a substantial majority of DEMA’s share capital, and in conjunction with Morgan Stanley, funding a new secured €60 million bond.

CGG. We represented the Steering Committee of the High Yield Bond Holders on the debt restructuring of French oil services company CGG, one of the largest financial restructurings in France, with over $3 billion of indebtedness and the first restructuring conducted simultaneously under French Sauvegarde regime and chapter 11 and chapter 15 of the U.S. Bankruptcy Code.

Pacific Exploration & Production Corp. We represent PricewaterhouseCoopers Inc. as the court-appointed monitor and authorized foreign representative of oil and natural gas enterprise involved in the exploration, development, and production of certain oil and natural gas interests, principally in Colombia, and, to a lesser extent, in other jurisdictions including Peru, Brazil, and Belize, Pacific Exploration & Production Corp. in chapter 15 proceedings in the United States Bankruptcy Court for the Southern District of New York, resulting in the restructuring of approximately $5.4 billion.

Arctic Glacier. We represent the Canadian court-appointed monitor and authorized foreign representative of ice manufacturer Arctic Glacier in chapter 15 proceedings in U.S. Bankruptcy Court. Arctic Glacier’s sale process, which was co-led by Willkie, resulted in a bid that exceeded the claims of all known creditors.

Angiotech Pharmaceuticals. We represented the company in chapter 15 proceedings in U.S. Bankruptcy Court. The Company’s restructuring, which was co-led by Willkie, was premised on a partial in-court debt-for-equity exchange and an out-of-court exchange, and allowed the company’s prepetition trade creditors to be paid in full in cash, with no disruption of the company’s U.S. operations.

Crystallex. We represent the former gold mine owner in its chapter 15 proceeding in U.S. bankruptcy cases. Willkie was the prime architect of a unique DIP auction strategy, in which the lenders bid on the right to offer secured postpetition financing to the company collateralized by the Company’s sole asset, a valuable arbitration claim again a sovereign state.

Great Basin Gold Ltd. We represented the Canadian court-appointed monitor in connection with U.S. legal matters presented by the gold mine holding company’s CCAA restructuring, as well as in connection with its operating subsidiaries’ proceedings under chapter 11.

Nortel Networks. We represented Nortel Networks U.K. pension claimants in a groundbreaking multi-jurisdictional trial. Nortel filed for bankruptcy in Canada, the U.S. and several European jurisdictions in 2009. It was able to liquidate the majority of its assets, but in an effort to maximize value for the Nortel Group as a whole, the parties decided to delay deciding on how to allocate the proceeds of the sale of the Group’s assets until the sales were completed. The judges presiding over Nortel’s cases in Canada and the U.S. decided to hold the allocation trial simultaneously. In a significant victory, both judges adopted the pro rata allocation theory advanced by Willkie on behalf of the firm’s pensioner clients. Willkie continues to advise the U.K. pension claimants on appeals relating to the decision.

Aleris International. We represented the European Term Loan Lenders in Aleris’s cross-border, chapter 11 cases in contesting a plan of reorganization that threatened to subvert the interests of European lenders in favor of creditors of U.S. affiliates. We obtained a significant plan amendment affording clients over $50 million of additional consideration.

Sea Containers Services Ltd. We represented the Official Committee of Unsecured Creditors, comprised of trustees of U.K. Pension Schemes, in the Sea Containers chapter 11 bankruptcy case.

Reader’s Digest. We represented the U.K.’s Pension Protection Fund in connection with the Reader’s Digest chapter 11 cases.

AMF Bowling. We represent the U.K.’s Pension Protection Fund in connection with the AMF Bowling chapter 11 cases.

Petroleum-Geo Services ASA. We represented PGS-ASA in its cross-border restructuring.

Teksid. We represented TK Aluminum Ltd. and affiliated entities in an out-of-court restructuring involving multiple sale and restructuring transactions that were global in reach.

Air Canada. We represented Air Canada on the U.S. aspect of its Canadian restructuring proceedings.

Aegerion Pharmaceuticals/Novelion Therapeutics/ Amryt Pharma Plc. We represented global biopharmaceutical company Aegerion Pharmaceuticals, Inc., a wholly owned subsidiary of Novelion Therapeutics, in its recapitalization, whereby Amryt Pharma Plc agreed to acquire 100% of Aegerion’s reorganized stock.

Liberty Oilfield Services. We advised Liberty Oilfield Services on its acquisition of Sanjel Corporation’s U.S. fracturing, coiled tubing and cementing assets in connection with Sanjel’s bankruptcy cases in Canada and the United States.

Solus Alternative Asset Management. We represented an affiliate of Solus Alternative Asset Management in connection with an exchange offer related to the chapter 11 case of Adelphia Communications.

Charles W. Ergen and SP Special Opportunities LLC. We represent Charles W. Ergen and SPSO, an investment vehicle formed by Mr. Ergen, in LightSquared chapter 11 bankruptcy, adversary proceeding and plan confirmation dispute over approximately $1 billion investment. After successfully defeating LightSquared’s initial plan in July 2014, Willkie successfully negotiated with LightSquared and its plan sponsors for a plan whereby Mr. Ergen received payment in full of his claims. The plan was confirmed by the Court in March 2015.

Ad Hoc Group of Funds. We represent an ad hoc group of funds in connection with a transaction, whereby our clients committed to purchase equity in Overseas Shipholding Group, which operates a fleet of International Flag and U.S. Flag vessels.

Citigroup Financial Products, Inc. and Large Private Equity Fund. We represented these private equity funds as equity and debt holders in connection with the restructuring of the Pocahontas Parkway, a toll road located in Richmond, Virginia, under a concession granted by the Virginia Department of Transportation.

Fiat S.p.A. We represented the auto manufacturer in its $1.27 billion transaction to acquire an additional 16 percent stake in Chrysler.

Take-Two Interactive Software, Inc. We represented the video-game developer in its acquisition of development and production of World Wrestling Entertainment Inc. and “Evolve” video games from debtor THQ Inc. in a section 363 sale.

Leonard Green & Partners and Large Private Equity Fund. We represented these private equity funds in their acquisition of a controlling stake of the Palms Casino Resort in exchange for their affiliates’ contribution of approximately $440 million in secured debt of the Las Vegas property.

Centerbridge Partners, Fidelity Investments and Large Private Equity Fund. We represented these private equity funds in a year-long multinational $3 billion restructuring of resort operator Kerzner International Limited.

Resort Finance America, LLC. We represented Resort Finance America as lenders to various distressed time share developers, including the restructuring of approximately $400 million of indebtedness of distressed timeshare developer Westgate Resorts, and as acquirers of Las Vegas timeshare property in connection with such restructuring.

DISH Network/TerreStar Network. We represented DISH Network on its “stalking horse” bid of $1.375 billion in cash and the assumption of liabilities for TerreStar Networks, an integrated satellite and terrestrial telecommunications company in chapter 11.

Barneys New York. We represented Istithmar World, an investment arm of the government of Dubai, in a comprehensive financial restructuring which reduced Barneys long-term indebtedness by over $500 million. Following the restructuring, our client retained a minority ownership position in the restructured company and continues to serve on its board of directors.

Brookfield Asset Management. We represented Brookfield in the chapter 11 cases of General Growth Properties, a $30 billion REIT and the second-largest mall operator in the U.S., in its capacity as an initial DIP lender and plan funder. A Brookfield-led consortium and other add-on investors invested significant equity capital in General Growth to fund a standalone recapitalization of the debtor and also received, as bid protections, very favorable and ultimately highly profitable warrants.

Appaloosa Investment L.P. We represented Appaloosa in connection with several material investments in various commercial mortgage-backed securities and other material matters, including in connection with investments in the hotel chain owned by Innkeepers USA, and Peter Cooper Village and Stuyvesant Town, a multi-billion dollar residential development in the heart of New York City with politically charged dispute implications.

Centerbridge Capital Partners L.P. We represented Centerbridge in its $250 million cash investment in Dana Corp., a world leader in auto parts supplies. Willkie advised and assisted Centerbridge on all aspects of the exit financing  investment, and the formulation, confirmation and consummation of Dana’s reorganization plan.

Pardus Capital. We represented Pardus in connection with its proposed investment as one of six proposed plan sponsors of Delphi Corporation and then in the defense and settlement of significant litigation commenced by the debtor.

Greenwich AeroGroup. We represented Greenwich AeroGroup in its acquisition of substantially all the assets of Banner Aerospace, a provider of general aviation services, in Banner’s chapter 11 case.

The ComVest Group. We represented The ComVest Group in its acquisition of substantially all the assets of Velocity Express, an operator of specialized logistics and delivery services, in Velocity’s chapter 11 case.

Genii Capital. We represented the Luxembourg-based private equity firm in its stalking horse bid for substantially all of the assets of Polaroid Corporation and its affiliated debtors.

Teléfonos de México, S.A. de C.V. (TelMex). We represented TelMex in the acquisition of substantially all of the assets of chapter 11 debtor AT&T Latin America Corp. We also represented TelMex in its acquisition of indirect subsidiaries of chapter 11 debtor MCI, Inc. (f/k/a WorldCom, Inc.).