Jennifer Madden

Jennifer Madden represents companies, creditors, investors, creditors’ committees and other stakeholders in complex business reorganizations and distressed transactions, including Chapter 11 reorganizations, out-of-court workouts, M&A transactions and other related financing and restructuring matters.

Ms. Madden’s significant representations include:

• Secure Home Holdings LLC in its prepackaged Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware;
• The McClatchy Company, the nation’s second-largest newspaper company, in the $312 million sale of substantially all of its assets to its largest bondholder Chatham Asset Management;
• Titan Energy, LLC and certain of its subsidiaries in a restructuring support agreement (RSA) with key stakeholders. The RSA contemplated a sale of substantially all of Titan’s remaining assets, including its oil-and-gas properties in the Eagle Ford Shale, and provided for the subsequent dissolution and winding up of the company. The RSA also contemplated soliciting consents and agreements from holders of record of Titan’s common shares;
• Synergy Pharmaceuticals Inc. in its Chapter 11 cases, including the $200 million sale of substantially all of its assets to Bausch Health Companies Inc. under Section 363 of the Bankruptcy Code;
• SunEdison, Inc. in numerous transactions in connection with SunEdison’s Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York;
• Millennium Health, LLC in its emergence from its voluntary prepackaged Chapter 11 case, which resulted in the reduction of the company’s debt by $1.1 billion and resolution of a U.S. Department of Justice investigation, which threatened its Medicaid/Medicare billing privileges;
• Exide Technologies in its emergence from its voluntary Chapter 11 case filed in the U.S. Bankruptcy Court for the District of Delaware;
• Nautilus Holdings Limited and its 20 affiliates in the emergence from their Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York; and
• the official unsecured creditors’ committee of AMR Corporation, the parent company of American Airlines Inc., in the company’s $11 billion merger with US Airways Group, Inc. as part of AMR’s Chapter 11 reorganization. Skadden also advised the committee in successfully settling a litigation brought by the U.S. Department of Justice and numerous state attorneys general challenging the merger.