Concentration
Bankruptcy, corporate reorganization and insolvency-related litigation
Summary
Eric Söderlund represents debtors, creditors, lenders, asset acquirers and receivers in corporate reorganizations, out-of-court workouts, bankruptcies, receiverships and related litigation. He provides legal advice to corporate clients regarding complex chapter 11 cases, and helps them plan for present and future contingencies arising from the reorganization.
Representative Engagements
- ASARCO-representation of mining, smelting and refining company in corporate reorganization and related litigation, including multibillion-dollar successful fraudulent-transfer action
- Ralph S. Janvey-representation of court appointed receiver in $8 billion fraud case brought by the Securities and Exchange Commission against Stanford International Bank, Ltd., et al.
- The Pacific Lumber Company-representation of commercial timber harvesting and milling company in its complex chapter 11 bankruptcy
- Gazpromneft-counsel on a multibillion-dollar bankruptcy filing by Yukos Oil Company
- Halliburton-counsel on successful chapter 11 corporate reorganization involving establishment of a multi-billion-dollar section 524(g) trust for company subsidiaries
- Leading telecommunications company-representation in connection with a multi-million-dollar claim against a large cable services company in connection with the sale of a cable operating system
- AMRESCO-representation of trustee in connection with over $1.1 billion in claim objections
- Imperial Sugar-counsel for the company as estate representative in preference litigation
Publications, Speeches and Presentations
- "Asset Securitisation and the Effect of Insolvency on Special-Purpose Vehicles Under U.S. Law," The Americas Restructuring and Insolvency Guide, 2004/2005, Globe White Page, London (Judith Ross and Michael C. Li, co-authors)
- "Beyond the Silver Lining: Be Wary of Buying Assets From Companies in Crisis," Texas Lawyer, June 23, 2003 (Tony M. Davis and Michael C. Li, co-authors)