Kourtney is in the Business Reorganization and Bankruptcy Practice Group of Haynes and Boone, LLP. Her practice is focused on the areas of bankruptcy and insolvency law and related litigation.
Selected Client Representations
- Representation of ATA Airlines, Inc. in a chapter 11 bankruptcy case involving the wind-down and liquidation of its operations and assets
- Representation of the DIP Agent and Pre-Petition Second Lien Agent in the chapter 11 case of Marcal Paper Mills, Inc. on behalf of the secured lenders who are owed collectively over $140 million
- Representation of Gemini Air Cargo, Inc. and its affiliates in a pre-negotiated chapter 11 bankruptcy involving a debt for equity conversion and emergence under a plan of reorganization within six months
- Representation of Atlas Air Worldwide Holdings, Inc., and its affiliates in their chapter 11 cases, one of the 10 largest bankruptcy filings in 2004
- Representation of secured lenders in the Galey & Lord Industries, Inc. -- Chapter 11 case
- Representation of secured lenders, unsecured creditors and debtors in a variety of industries including numerous oil and gas, power and energy related bankruptcies.
Recent Speeches and Publications
- State Bar of Texas, Bankruptcy Law Section Newsletter, Co-Editor Spring 2003-present.
- "Let's Do Lunch: The Changing Dynamics Of Bank Groups In Insolvency Proceedings And Workouts," co-author with Judith Elkin, IBA Section on Insolvency, Restructuring and Creditors' Rights, 13th Annual Global Insolvency And Restructuring Conference, 2007.
- "Nuts & Bolts of Business Bankruptcy," co-author and speaker, Texas Bar CLE: Nuts & Bolts half day seminar in connection with the Advanced Business Bankruptcy Conference, May 2006, Austin, Texas.
- "Bankruptcy - What Civil Litigators Need to Know," Advanced Civil Trial Course (2003, 2004).
Selected Representative Experience
Trident Global Communications, LLC and Subsidiaries in a Distressed Merger Transaction
Represented Trident Global Communications, LLC, a Houston based communications company and its subsidiaries S&P Cellular Holding Company, LLC, Petrocom License Corporation, Employee Acquisition Company, LLC, Sola Communications, LLC, Coastel Acquisition, LLC, and Petrocom, LLC d/b/a Broadpoint in the distressed sale and merger of Petrocom License Corporation, Employee Acquisition Company, LLC, Sola Communications, LLC, Coastel Acquisition, LLC, and Petrocom, LLC d/b/a Broadpoint with and into Broadpoint, LLC an indirect subsidiary of Cellular One Communications, a global cellular and satellite communications company. Broadpoint, LLC purchased substantially all of the assets of Petrocom, LLC and its subsidiaries for $20 million as partial repayment of Petrocom’s indebtedness to CoBank, ACB.
MAIR Holdings, Inc.- Mesaba Airlines, Inc. and Northwest Airlines, Inc.
Out-of-court litigation and representation of airline holding company, MAIR Holdings, Inc. in connection with the sale of stock of Mesaba Airlines, Inc. to Northwest Airlines, Inc., as part of the Chapter 11 cases of both airlines.
Debtor Representation - Atlas Air Worldwide Holdings, Inc.
Completed the successful restructuring of this company’s financial affairs, including restructuring more than $2.5 billion of debt in a bankruptcy case that was completed in only six months. Significant achievements in this case included restructuring the company’s enhanced equipment trust certificates (the first time this has ever been accomplished in a Chapter 11 case), restructuring all of the company’s leveraged leases and financed aircraft, effectuating the substantial buildup of cash during Chapter 11, and effectuating a rights offering of new common stock to creditors pursuant to the Chapter 11 plan. Atlas operated in Europe, the Middle East, and Asia and the reorganization involved coordination with numerous foreign jurisdictions and regulatory authorities.