Pryor Cashman has been retained as counsel to Wilmington Trust, National Association, as indenture trustee to $270 million in second lien notes issued by American Gilsonite Company, Inc. (“AGC”), in the AGC bankruptcy case. AGC, the world’s principal commercial miner and processor of the mineral uintaite (marketed under its trademark name “Gilsonite”), and certain of its affiliates, filed for bankruptcy on October 24, 2016 in the U.S. Bankruptcy Court for the District of Delaware. 

Additional coverage of this matter can be found on Law360.

The Pryor Cashman Team

Representing Wilmington Trust, National Association are Partner Seth H. Lieberman, Counsel Patrick Sibley and Associate Matthew W. Silverman, members of Pryor Cashman’s Bankruptcy, Reorganization and Creditors’ Rights Group.

Representative Bankruptcy Matters

Over the past decade, Lieberman and Sibley have represented indenture trustees in many of the largest U.S. bankruptcies, including:

• Caesars Entertainment Operating Company, Inc.;
• UCI International, LLC;
• Penn Virginia Corporation;
• RCS Capital Corporation;
• Momentive Performance Materials Inc.;
• AMR Corporation;
• NewPage Corporation;
• Tropicana Entertainment LLC;
• Asarco LLC;
• Tribune Company;
• The Majestic Star Casino LLC;
• Cooper-Standard Holdings, Inc.;
• Metaldyne Corporation;
• WCI Communities, Inc.;
• KH Funding Corporation;
• Star Tribune Holdings Corporation;
• Finlay Enterprises, Inc; and
• Bayonne Medical Center.

To learn more about our experience in this area, please visit our Bankruptcy, Reorganization and Creditors’ Rights practice page.