Rick has a national reputation for successfully representing company and creditor/bondholder clients in complex restructurings in a wide variety of industries. He focuses on solving clients’ most challenging problems by designing and implementing negotiations and litigation strategy, including as lead trial counsel. Rick’s notable engagements include acting as lead debtor’s counsel for superbug pharma company Achaogen, All American Oil & Gas, manufacturer and retailer American Apparel, insurance and finance conglomerate Conseco, grocery wholesale distributor Fleming and film and television studio Relativity Media. He has also represented Mattel as the largest creditor and Creditors Committee Co-Chair in the Toys R Us Chapter 11 case; FGIC, as Creditors’ Committee Co-Chair in ResCap; the Ad Hoc Bondholders Committee in Chemtura; the Non-Agent Secured Lenders Committee (holders of over $4.3 Billion in senior secured debt) in Adelphia; and Universal and Fox in the Rhythm & Hues case.
What Rick most enjoys about his career… I enjoy most the challenge of a new case and crafting the best strategy for that client/situation, being involved in new industries and businesses, and the relationships I’ve made over the years with clients, colleagues, financial advisors, co-counsel and even adversaries, some of whom have turned into good friends.