合伙人

Jamie R. Netznik

重组, 困境房地产, 特殊情况

芝加哥 +1 312 701 8741

jnetznik@mayerbrown.com

概览

Jamie R. Netznik is a partner in Mayer Brown's Chicago office and a member of the Restructuring practice. She specializes in distressed solutions and provides strategic advice and legal counsel to companies, creditors, and other stakeholders navigating in- and out-of-court restructurings and turnaround processes. Jamie has a deep understanding of both the legal and business landscapes and helps clients develop tailored solutions to maximize value, protect assets, and ensure a smooth process through a pragmatic and results-driven approach.

执业经验

Represented

Administrative agent of the approximately $600 million pre-petition senior secured facility and of the $105 million secured DIP financing in the chapter 11 case of Ebix, Inc., in the Northern District of Texas.
Wolverine Fuels, LLC, the nation’s largest bituminous coal producers, on the successful out-of-court cross-border debt and off-take contracts restructurings resulting in more than $3 billion in projected increased revenue over the life of the various off-take.
GWG Holdings, Inc. and certain of its subsidiaries, a publicly-traded life settlements and alternative investments company, as lead debtors’ counsel in their plan confirmation and successful emergence from Chapter 11 resolving more than $2.1 billion in debt. This restructuring was awarded “Restructuring of the Year ($1B to $5B)” at the M&A Advisor Turnaround Awards 2023.
An agricultural company in the successful out-of-court restructuring of more than $800 million USD in unsecured debt, consisting of covenant relief amendments, the granting of collateral and obtaining consent from the lenders to raise up to $250 million of superpriority first lien debt.
An information processing company in the strategic purchase of equity interests in certain financially distressed financial technology companies and substantially all of the assets of another financially distressed financial technology company through an out-of-court Article 9 foreclosure sale by a secured seller-party.

Angelo, Gordon & Co., L.P. ("AG"), in its capacity as a term loan lender to, and a new money equity investor in, APR Operating LLC (D/B/A Admiral Permian Resources) ("APR"), in connection with (a) the out-of-court restructuring of APR's outstanding indebtedness and (b) AG's new money equity investment in APR. APR is a privately held exploration and production company that is focused on the acquisition and development of oil and gas properties in the Permian Basin.
The board of directors of Macy’s, Inc., a publicly traded retailer with sales of $24.6 billion, in connection with a new $3 billion ABL facility and $1.3 billion secured bond issuance.
Specialty Retail Shops Holding Corp. and its subsidiaries (“Shopko”), a retailer of general merchandise, including clothing, accessories, electronics, home furnishings, as well as company-operated pharmacy and optical-services departments, in their Chapter 11 cases in the United States Bankruptcy Court for the District of Nebraska. As of its Chapter 11 filing, Shopko operated more than 360 stores in over 25 states. Shopko’s Chapter 11 cases are the largest ever filed in Nebraska.
Parker Drilling Company and certain of its affiliates in connection with their prearranged Chapter 11 restructuring in the United States Bankruptcy Court for the Southern District of Texas. Parker is a leading international provider of contract drilling and drilling-related services and rental tools. Parker, together with its non-debtor affiliates, has operations in approximately 19 countries worldwide and employs over 2,400 employees. Parker’s prearranged plan of reorganization carries broad stakeholder support and proposes to reduce Parker’s funded-debt obligations by approximately $375 million and provide Parker with $95 million in fully-committed new equity capital upon emergence from Chapter 11.
VER Technologies HoldCo LLC and certain of its affiliates (collectively, “VER”) in Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware. VER is one of the largest suppliers of rental production equipment and solutions in the world, leasing lighting, sound, rigging, and video equipment to various customers in the corporate, hotel, television, cinema, and live music sectors. At the time the cases were filed, VER had funded debt of over $760 million. VER commenced the cases with the support of over two-thirds of the lenders under its prepetition term loan facility, the lenders under its term loan debtor-in-possession financing facility, holders of two tranches of promissory notes, and a strategic merger partner. These parties are supporting VER’s Chapter 11 cases pursuant to a restructuring support agreement that provides the basis for a consensual Chapter 11 plan followed immediately by a merger of the reorganized equity into the strategic partner. VER also secured $364.7 million in debtor-in-possession financing facilities to fund VER’s operations and the administration of its Chapter 11 cases.
Gordmans Stores, an apparel and home décor retailer, in its Chapter 11 cases in the United States Bankruptcy Court for the District of Nebraska. Founded in 1915, Gordmans operates 106 stores in 62 markets and 22 states.
Global A&T Electronics, a Singapore-based semiconductor business, in connection with the restructuring of approximately $1.2 billion of indebtedness. In 2018, the Turnaround Management Association’s Chicago/Midwest Chapter recognized the successful restructuring of Global A&T Electronics with its “Large Transaction of the Year Award.”
Horsehead Holding Corp., a U.S. producer of specialty zinc and zinc-based products and a leading recycler of metals-bearing waste, in its Chapter 11 restructuring.
Texas-based Sabine Oil & Gas and its subsidiaries, an independent oil and gas exploration and production company with approximately $2.6 billion in outstanding funded debt obligations, in their Chapter 11 cases in the Southern District of New York. After more than a year of litigation (in the context of multiple motions for derivative standing and confirmation of Sabine’s Chapter 11 plan) Sabine confirmed a plan of reorganization that significantly reduced its funded debt obligations and secured the financial commitments necessary to fund the restructuring and go-forward business needs. In addition, Sabine successfully obtained the bankruptcy court approval needed to reject certain onerous midstream gas gathering agreements and better position the business for post-emergence success.
Sherwin Alumina Company, LLC, a Texas Gulf Coast producer of aluminum oxide, or alumina, in its Chapter 11 restructuring in the United States Bankruptcy Court for the Southern District of Texas.
Patriot Coal Corporation and certain of its affiliates, producers and marketers of coal in the eastern United States with several active mining complexes in West Virginia, in their Chapter 11 proceedings before the United States Bankruptcy Court for the Eastern District of Virginia. In less than five months, Patriot completed a successful Chapter 11 reorganization that addressed $790 million in funded debt obligations as well as Patriot’s significant and complex legacy and environmental liabilities.
Oaktree Capital Management’s Global Principal group as plan sponsor and debtor-in-possession lender to Quiksilver Inc. in that company’s Chapter 11 reorganization.
Macau casino Studio City International in connection with funded debt liabilities of more than U.S. $3 billion.
An ad hoc group of term loan lenders to Walter Investment Management in connection with that company’s on-going, out-of-court restructuring.
An ad hoc group of first lien creditors in the prearranged Chapter 11 cases of Altegrity, Inc. and certain of its subsidiaries and affiliates, involving the restructuring of approximately $1.8 billion in funded debt. Altegrity, Inc., together with its subsidiaries and affiliates, is a privately held global diversified risk and information services company serving commercial customers and government entities.

出版物及演讲

教育背景

Concordia University Irvine, 学士, Communications
Dean's list
美国伊利诺伊大学香槟校区, JD, summa cum laude
Executive Editor, Bankruptcy Moot Court; Duberstein Bankruptcy Moot Court Coach

执业资格

伊利诺伊州

专业及社区参与

Education Director of the International Committee at the American Bankruptcy Institute

Jamie R. Netznik

概览

执业经验

相关服务及行业

服务

出版物及演讲

出版物

J&J Talc Bankruptcy Case: Events Leading Up To Potential Dismissal Battle

What We’re Reading This Week [October 25, 2021]

新闻

Mayer Brown leads GWG to plan effective date

美博宣布全球晋升65名律师为合伙人或顾问律师

教育背景

执业资格

专业及社区参与