Mark Chehi is a partner in the Corporate Restructuring Group of Skadden, Arps. He has represented numerous public and private companies in out-of-court restructurings, “prepackaged” bankruptcies, contested workouts and traditional Chapter 11 cases.
Mr. Chehi also has represented large creditors, lenders, acquirors, shareholders, creditors’ committees, committee members and board special committees in a wide variety of matters, including international and cross-border situations. He provides U.S. representation and advice to foreign creditors and administrators, appears in court regularly and takes lead roles in litigated matters.
Additionally, Mr. Chehi advises officers and directors of companies involved in financial restructurings on corporate governance and fiduciary duties, and he has experience representing companies confronting asbestos and other mass tort liabilities.
During his career, Mr. Chehi has had primary responsibility in numerous significant in-court and out-of-court restructurings. His representations include the following Chapter 11 matters: Birch Telecom (company-prepak); Bruno’s (acquirer); Congoleum Corporation (parent); Chart Industries (company-prepak); Delaco Company (company-mass tort liabilities); Exodus Communications (company); GenTek (company); HCI Direct (company-prepak); Lenox Healthcare (company); Mrs. Fields Cookies (company-prepak); NewComm Wireless (senior lender-stalking horse bidder); Nutritional Sourcing Corp. (creditors committee); Owens Corning (company); Russell-Stanley Holdings (company-prepak); Tropicana Entertainment (senior lenders); UDC Homes (company); VeraSun Energy (company); Viatel (company); W.R. Grace (member of creditors committee); and Yellowstone Club (senior lenders).
Mr. Chehi lectures and speaks on Chapter 11 issues, prepackaged plans and fiduciary duties of officers and directors of troubled companies. He is listed in Chambers USA as one of “America’s Leading Lawyers,” and is included in Euromoney and Legal Media Group’s Guide to the World’s Leading Insolvency and Restructuring Lawyers and The Best Lawyers in America.
