Counsel to Largest Unsecured Trade Creditor of Steel Drum Manufacturer

Consorcio Internacional SA de CV
Counsel to Consorcio Internacional SA de CV, the largest unsecured trade creditor in the Evans Products chapter 11 case, which was filed in New Orleans, Louisiana. Evans Products was the largest manufacturer of steel drums in the Southeastern United States. On behalf of our client, we aggressively opposed management's efforts to sell the debtor's business for less than market value to an insider and participated in negotiating the Asset Purchase Agreement with the successful bidder, resulting in a four-fold increase in the distribution to unsecured creditors.
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Jeffrey I. Snyder
Partner & General Counsel
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Experience
Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.
Experience
Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...
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...
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