Christine M. Tobin

Partner Portrait of Christine M. Tobin
206 521-3856

Education

Representative Cases

Alaska Power & Telephone Company

Christine was substantially involved in BSK’s representation of Alaska Power & Telephone Company which included the restructuring of approximately $55 million in secured debt and in excess of $100 million in unsecured debt. After substantial negotiation, a consensual Plan of Reorganization was confirmed which allowed equity holders to retain their interests. AP&T continues to operate profitably today.

Cossack Caviar, Inc.

Christine was substantially involved in BSK’s representation of Cossack Caviar as BSK negotiated an asset sale prior to filing Cossack into a Chapter 11. The sale involved a barge, under arrest in British Columbia, Canada, that Cossack had lease rights in and an option to buy, but was owned by another entity. The buyer under the Cossack asset sale insisted on including this barge in the transaction. BSK successfully obtained a Bankruptcy Court order authorizing Cossack to purchase the barge and resell it as part of the asset sale, and worked with Canadian counsel to obtain the necessary orders and agreements from lien holders of the barge to complete the transaction.

UStel, Inc.

UStel was a publicly-traded long distance reseller financed by Goldman Sachs Credit Partners L.P., to whom UStel owed approximately $25 million. BSK worked with UStel to negotiate DIP financing prior to filing its Chapter 11, then worked with Goldman Sachs and various carriers to complete a sale of UStel’s assets under Section 363 of the Bankruptcy Code. Christine filed and brought to resolution a substantial number of preference actions on behalf of UStel.

In re Tyson

Christine represented the Chapter 7 trustee in the Tyson bankruptcy including successfully objecting to certain exemptions claimed by the debtor. This resulted in the retention by the bankruptcy estate of a substantial asset that was ultimately sold, resulting in full payment to all of the debtor’s creditors.

Professional Activities

Honors

Civic Activities

Presentations