Experience Details

Representation: Chapter 11 Debtor Representation - Drypers Corporation
Haynes and Boone Team: Buxbaum, Steven A., Flores, Henry, Kattner, Kenric D., Parkins, Lenard M.
Services: Bankruptcy and Business Restructuring, Bankruptcy and Insolvency Litigation, Debtor-in-Possession Lender, Debtors and Debtors-in-Possession, Distressed Mergers and Acquisitions, Restructuring, Workouts, and Recapitalizations

Description: Represented this debtor-in-possession which was a major manufacturer of diaper products worldwide. The company was unable to reorganize and adopted a liquidating plan. We conducted a sale of four separate subsidiaries of the company through the bankruptcy auction process to separate buyers for U.S., South American, Puerto Rican and Malaysian operations.