Bankruptcy of Subprime Automotive Lender

Official Committee of Creditors of NAL Group; Official Committee of Creditors of Empire Toy; Official Committee of Creditors of JumboSports

Counsel to the Official Committee of Creditors in the chapter 11 bankruptcy of NAL Financial Group Finance, a significant subprime automotive financing company. As a result of strategic litigations and negotiations, the unsecured creditors received a sizable distribution.

Related Practices
MORE EXPERIENCE
Experience
Representation of the Official Committee of Unsecured Creditors in the chapter 11 case of Poinciana Development, a developer of more than 500 single family homes in Southwest Miami-Dade County, Florida, who ran out of construction financing and was unable complete the development of the last 34 home...
Experience
Representation of diversified automotive company in over $3.8 billion of various financing matters including the securitization of retail and lease installment contracts, and negotiation of working capital lines of credit and conduit lending facilities.
Experience
Representation of the Official Committee of Unsecured Creditors in the chapter 11 case of New River Boat Club d/b/a New River Marina, an operator of a boatyard and marina on the New River in Fort Lauderdale, Florida. This case is the third in a series of marina-related bankruptcies filed by the prin...
VIEW MORE EXPERIENCE