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Experience

Fund Fiduciary to Investment Fund

Representation of an independent fiduciary of an investment fund appointed after allegations of wrongful conduct regarding the fund's assets (totaling more than $260,000,000 in pension plan investments of approximately 1,500 pension plans), including the filing of a Chapter 11 case in the Connecticut Bankruptcy Court to preserve the assets of the fund and ensure an orderly distribution of the fund's assets to all investors; assistance with extensive negotiations with the court-appointed Investor Committee and other parties-in-interest, the preparation and filing of the fund's plan of reorganization with the court; and assisting with the pursuit of plan confirmation, with 99% of all voting investors voting in favor of the plan (which was confirmed in less than one year from the commencement of the case).

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