Creditor Committee Representations The Bombay Company, et al (Local Counsel for Unsecured Creditors Committee) Pan American General Hospital, L.L.C. (Official Unsecured Creditors Committee) Medical Select Management currently represent the Official Unsecured Creditors Committee of this independent physician association that provided services to over 1,700 Doctors who treated over 200,000 patients. The Chapter 11 Trustee and the Committee are working closely to insure maximum recovery for the estate's creditors. FWT, Inc. Members of the firm represented the Official Unsecured Creditors' Committee in the Chapter 11 case that consisted of total debt in excess of 120 million. After active involvement in the case and the filing of a joint plan, a recovery of 100% allowed unsecured claims is expected. National Foam Cushion Members of the firm represented the Official Unsecured Creditors' Committee in the Chapter 11 case of a carpet pad manufacturer whose facility was destroyed by fire. The firm on behalf of the Committee negotiated and successfully reduced the Texas Natural Resource Conservation Commission's claim from in excess of ten million dollars to less than one million. The Committee was co-proponent of the Plan of Reorganization confirmed by the Court that to date has provided in excess of 50% recovery to allowed unsecured creditors and recovery is expected to be near 100%. Rockdale Hospital Members of the firm represented the Official Committee of Unsecured Creditors in the Chapter 9 bankruptcy filed by this Hospital District. Prior to the Committee's hiring of the firm, the bankruptcy had continued for 11 months without a plan of reorganization being proposed. After the firm began its representation of the Committee, a negotiated plan of reorganization was confirmed, resulting in a 100% recovery to unsecured creditors. Willbanks Steel, Inc. Members of the firm represented the Official Unsecured Creditors' Committee in the case of a local steel company who filed bankruptcy shortly after a failed leveraged buy-out. The Committee reached a significant settlement with the lender and the principals for the benefit of the unsecured trade creditors after alleging a fraudulent transfer resulting from the leveraged buy-out. Hardcote Technologies, Inc. Members of the firm represented the Official Unsecured Creditors' Committee and later the Chapter 7 Trustee, and played a key role in the Bankruptcy Court's approval of certain fraudulent transfer actions being brought against former shareholders of the company and others resulting in a distribution to unsecured creditors in an otherwise insolvent case. First Mercantile Corporation Members of the firm represented the Official Unsecured Creditors' Committee in the Chapter 11 case of a Wichita Falls lending institution. The Committee defeated the Debtor's proposed Chapter 11 Plan, and submitted the Committee's Creditor Plan, which was confirmed by the Bankruptcy Court and, ultimately resulted in a substantial distribution to unsecured creditors. Attorneys in the firm have also represented Unsecured Creditors Committees in Kitty Hawk, Inc., U.S. Metro Lines, and Consul Restaurant Corporation.
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