In re: Liberty State Benefits of Delaware Inc., et al., Case No.: 11-12404 (KG)
LRC serves as special litigation counsel to Richard W. Barry, the Chapter 11 Trustee (the “Trustee”) in the Liberty State Benefits of Delaware Inc., et al. (the “Debtors”) bankruptcy cases, advising the Trustee in connection with his efforts to take possession of the Debtors’ property, ascertain and conduct investigations into … READ MORE →
In re: Autobacs Strauss, Inc. (n/k/a SDA, Inc.), Case No. 09-10358 (CSS)
LRC, as co-counsel with Kramer Levin Naftalis & Frankel LLP, represented Autobacs Seven Co., Ltd. (“AB7”) in connection with the chapter 11 proceedings of Autobacs Strauss, Inc. and certain affiliates (“Autobacs”). AB7 through a subsidiary purchased Autobacs, an auto supply retailer, in a 2007 bankruptcy proceeding, and loaned the reorganized … READ MORE →
In re: Bruno’s Supermarkets, LLC, Case No. 09-00634-BGC11
LRC served as lead counsel to C&S Wholesale Grocers, Inc. (“C&S”) in connection with the chapter 11 proceedings of Bruno Supermarkets, LLC and its affiliates (“Bruno’s”) in the United States Bankruptcy Court for the Northern District of Alabama Southern Division. C&S is the largest grocery wholesale supplier in the United … READ MORE →
In re: ProRhythm, Inc., Case No. 07-11861 (KJC)
LRC served as lead bankruptcy counsel and litigation co-counsel to ReCor Medical, Inc. (“ReCor”), an emerging medical device company, assisting Wilson Sonsini Goodrich & Rosati and Knobbe, Martens, Olson & Bear LLP as litigation counsel, in the Chapter 11 bankruptcy case (the “Bankruptcy Case”) of ProRhythm, Inc. (“ProRhythm”) in the … READ MORE →
ReCor Medical, Inc. v. Warnking, 2013 Del. Ch. Lexis 142 (Del. Ch. May 31, 2013), aff’d, 85 A.3d 89 (Del. 2014) (Table).
Landis Rath & Cobb, together with Knobbe, Martens, Olson & Bear, LLP, successfully represented ReCor Medical, Inc., a startup medical device company that acquired all of the assets of a bankrupt company, in an action in the Court of Chancery against the seller’s former chief executive officer and his new … READ MORE →
RBC Capital Markets, LLC v. Educ. Loan Trust IV, 2013 Del. Super. Lexis 262 (Del. Super. May, 31, 2013), rev’d, 87 A.3d 632 (Del. 2014).
Landis Rath & Cobb represents U.S. Education Loan Trust IV, LLC (“USELT”), the issuer of more than $2 billion in auction rate securities issued pursuant to a trust indenture, in litigation brought by an alleged noteholder. In 2011, when the alleged noteholder brought suit in the Court of Chancery bringing … READ MORE →
Li v. Standard Fiber, LLC, C.A. No. 8191-VCN (Del. Ch. Mar. 28, 2013) (Noble, V.C.)
Landis Rath & Cobb, together with Schulte Roth & Zabel LLP, successfully defended Standard Fiber, LLC in an action for advancement and indemnification brought by a 25% shareholder and former CEO. Vice Chancellor Noble granted Standard Fiber’s motion to stay the Court of Chancery proceeding pending a decision by a … READ MORE →
Peter E. Deutsch v. ZST Digital Networks, Inc., C.A. No. 8014-VCL (Del. Ch. Mar. 20, 2013)(Order).
Landis Rath & Cobb recently obtained novel relief for a minority stockholder of ZST Digital Networks, Inc., a telecommunications company based in China that conducted a U.S. initial public offering in 2009 and then, in mid-2012, suddenly went “dark” and ceased communicating with its U.S.-based investors. After ZST refused to … READ MORE →
Bear Stearns Funding Trust 2007-AR2 v. EMC Mortg. LLC, 2013 Del. Ch. Lexis 9 (Del. Ch. Jan. 15, 2013).
Landis Rath & Cobb, together with Sullivan & Cromwell LLP, defends EMC Mortgage LLC, a JP Morgan Chase Bank subsidiary that sold mortgage-backed securities, in several actions brought by trusts that acquired those securities. The plaintiffs, who allege breaches of representations and warranties relating to the underwriting of the mortgage … READ MORE →
In re Tribune Co., Case No. 08-13141 (KJC), 476 B.R. 843 (Bankr. D. Del. 2012)
Landis Rath & Cobb, together with Chadbourne & Parke LLP and Zuckerman Spaeder LLP, represented the Official Committee of Unsecured Creditors in the In re Tribune Company bankruptcy case filed in the United States Bankruptcy Court for the District of Delaware. General unsecured claims asserted against the Tribune Company exceeded … READ MORE →