Jacob T. Beiswenger

Biography

Jacob Beiswenger focuses his practice on corporate restructuring and insolvency matters. Jacob represents debtors, creditors and equity holders, as well as other significant parties-in-interest, including trustees, funds, institutional investors, and other financial institutions, in all aspects of Chapter 11 cases, cross-border insolvency proceedings under Chapter 15, and out-of-court restructurings. He has extensive experience in numerous facets of the restructuring process, including DIP financing and the use of cash collateral, contested valuation and plan confirmation proceedings, asset sales, recognition of foreign insolvency proceedings and related matters under Chapter 15, the claims resolution process, prosecution of avoidance actions, administration of post-confirmation liquidation trusts, and other matters involving motion practice and bankruptcy-related litigation.

His restructuring experience spans a variety of industries, including the financial, energy, healthcare, technology, telecommunications, automotive, education and retail sectors.

Overview

  • Represented the Official Committee of Unsecured Creditors in the following Chapter 11 cases:
    • Constar International Holdings, Inc.
    • Coda Holdings, Inc.
    • Dewey & LeBoeuf LLP
    • Digital Domain Media Group, Inc.
    • School Specialty, Inc.
  • Millennium Health, LLC:  Represented an ad hoc committee of first-lien lenders in connection with negotiating a pre-packaged Chapter 11 plan of reorganization (including the documentation of a plan support agreement, exit term loan facility, amended corporate documentation, and litigation trust agreements), and prosecuting the plan in a 40-day Chapter 11 proceeding
  • MtGox Co. Ltd.:  Represented the Japanese bankruptcy trustee of MtGox, formerly the largest bitcoin exchange in the world, in connection with MtGox’s Chapter 15 bankruptcy proceeding and related matters
  • LightSquared, Inc.: Represented investment fund in offering alternative Chapter 11 plan and accompanying DIP financing
  • Central European Distribution Corp.:  Represented ad hoc committee of convertible noteholders in connection with negotiating and prosecuting a pre-packaged Chapter 11 plan of reorganization in a 60-day Chapter 11 proceeding

Practice Areas

  • Bankruptcy
  • Corporate Law

1 Course by Jacob T. Beiswenger