Katie LaManna is chair of the firm's Corporate Trust and Bankruptcy and Creditors' Rights practice groups. She regularly represents her clients in commercial litigation, defaults, workouts, contract disputes, and other creditors' rights matters. She has extensive experience representing banks in their role as trustee, as fiduciaries for public and private debt, in connection with defaulted secured and unsecured financings and with leveraged leases. She has been actively involved in some of the largest Chapter 11 cases filed in the United States and represents creditors in bankruptcy reorganizations, liquidations and workouts in Connecticut, New York, Delaware and throughout the country. Katie has represented clients in major telecommunications, retail, health care, energy, and airline bankruptcies, including American Airlines, Inc., the Mesa Air Group, Inc., Delta Air Lines, Inc. and FLYi, Inc./Independence Air, Inc. bankruptcies. She has represented her clients on numerous creditors' committees and has been actively involved in all stages of the Chapter 11 process, including the successful enforcement of claims and negotiation of plans of reorganization and liquidation through confirmation.
Katie also represents clients in more general state and federal civil litigation matters relating to contract disputes, business litigation and commercial defaults, as well as in preference and avoidance actions in bankruptcy courts.
A team of business and bankruptcy lawyers successfully completed and closed a Section 363 Sale in a Chapter 11 case recently filed in the United States Bankruptcy Court for the District of Connecticut for our client, AGC Incorporated, an aviation component manufacturer. The Section 363 Sale, which was approved by the Bankruptcy Court in just 34 days, included the preparation and filing of the Chapter 11 case; a Motion to Approve Bidding Procedures; a Motion to Sell all of the assets of the Debtors’ companies to a Stalking Horse Bidder; the negotiating, preparation and obtaining of Bankruptcy Court approval of the Asset Purchase Agreement and related documents with the Stalking Horse Bidder; the negotiating and closing of the sale to a third party who bid more for all of the Debtors’ assets at an Auction; and extensive negotiations with secured and unsecured creditors regarding the distribution of the proceeds from the sale of the assets.
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