News 24 Jun. 2021
Curtis successfully defends foreign states' procedural privileges in the UK Supreme Court
News 23 Jun. 2021
Ibrahim Elsadig joins Curtis as Partner in Dubai
News 09 Aug. 2021
Curtis, Mallet-Prevost, Colt & Mosle enters into association with Chevalier Law in Singapore.
Event 23 Apr. 2021
Partner Borzu Sabahi to speak on Damages, Enforcement and Annulment of Arbitral Awards at Executive Training Program hosted by the Government of India and the Indian Institute of Foreign Trade
Client Alert 18 Oct. 2021
Senior Associate Martin Wolff Discusses Practical Questions with Regard to the German Implementation of the EU Directive on Cross-Border Tax Arrangements (DAC6) in Institutional Money
News 18 Oct. 2021
Jan Krupski Joins Curtis as a Partner in Frankfurt
News 15 Oct. 2021
Claudia Frutos-Peterson and Elisa Botero Ranked Among the Top 100 Female Lawyers in Latin America by Latinvex
News 13 Oct. 2021
Curtis Joins The Appellate Project to Promote Appellate Practice to Diverse Law Students
Client Alert 15 Oct. 2021
Recent change in Dubai’s Arbitration Landscape.
News 20 Sep. 2021
Curtis Successfully Defends the Sultanate of Oman and Oman Aluminium Rolling Company LLC in U.S. Department of Commerce Trade Case
Client Alert 05 Oct. 2021
Proposed Legislative Changes to Federal Estate, Gift and Trust Taxation
Publications 22 Sep. 2021
Client Alert 24 Jun. 2021
U.S. Insight: Update on Virtual Notarization (Executive Order 202.7) During the COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021)
U.S. Insight: Update on Virtual Witnessing (New York Executive Order 202.14) During The COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021)
News 18 Mar. 2014
Trinity Coal Corporation and 15 of its affiliates (“Trinity” or the “Company”) announced their successful reorganization and emergence from bankruptcy on January 31, 2014, upon the occurrence of the effective date of their Chapter 11 Plan of Reorganization. Trinity, with coal mining operations in Kentucky and West Virginia, will continue its operations upon emergence. Curtis, Mallet-Prevost, Colt & Mosle LLP served as Trinity's bankruptcy lawyers.
Trinity successfully resolved more than US$325 million of claims under its Plan, which includes a capital infusion of more than US$150 million by affiliates of Trinity's ultimate parent company, Essar Global Fund Limited (“Essar”). Essar received 100% of the common equity of the reorganized company under the Plan, and all secured, administrative and priority claims will be paid in full or voluntarily compromised. Holders of allowed general unsecured claims are expected to receive from $0.15 to $0.25 on the dollar pursuant to Trinity's disclosure statement.
The consensus achieved over the course of the Chapter 11 cases contrasts with the prevailing acrimony when the involuntary bankruptcy cases were filed in February 2013 by certain of Trinity's vendors and secured lenders in the U.S. Bankruptcy Court for the Eastern District of Kentucky. Trinity was able to garner acceptance of the Plan by 96% of the creditors who voted, representing more than $326 million of claims in the aggregate.
Trinity's financial advisor and investment banker, Moelis & Company, guided Trinity through the complex restructuring and was responsible for structuring and implementing Trinity's financial reorganization. The Moelis & Company team was led by Managing Directors Jared J. Dermont and Mark W. Henkels, Senior Vice Presidents Bassam Latif and Carlo De Girolamo, Vice President Rahul Katoria, and Associates Gregory Doyle and Andrew Swift.
The Curtis team included L.P. Harrison, 3rd, and associate Dienna Chingand from the firm's Restructuring and Insolvency Group; partner Evan S. Borenstein, counsel Joshua S. Geller, and associate Danny Philips from the firm's Corporate Group; partners Turner P. Smith and Jonathan J. Walsh from the firm's Litigation Group, and partner Eduardo A. Cukier and associates Thomas Reilly and Sarah E. Ryan from the firm's Tax Group.
Curtis, Mallet-Prevost, Colt & Mosle LLP is a leading international law firm providing a broad range of services to clients around the world. Curtis has 15 offices in the United States, Latin America, Europe, the Middle East and Central and East Asia. The firm's international orientation has been a hallmark of its practice for nearly two centuries. For more information about Curtis, please visit www.curtis.com.
Restructuring and Insolvency
Eduardo A. Cukier
Turner P. Smith
Jonathan J. Walsh