Our Clients
We represent small and large companies, focusing on commercial debtor and creditor issues, with an emphasis on Chapter 11 bankruptcy cases and out-of-court workouts and restructurings.
Client Studies
Alaska Power & Telephone Company
Alaska Power & Telephone Company, a private utility providing telephone and electrical power services in Alaska, entered into business transactions that resulted in difficulties. Our Chapter 11 representation of Alaska Power & Telephone Company 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.