Experience

Correct Building Products: Claims Resolution

Verrill represented Correct Building Products, a large manufacturer of composite decking boards and other porch products in the §363 sale of the business as a going concern, liquidation plan confirmation, and claims resolution.

In re Delaco Company

Verrill represented potential mass-tort plaintiffs in the In re Delaco Company bankruptcy case. Prior to filing for bankruptcy, the Delaco Company manufactured a cold/appetite suppressant drug with detrimental side effects. Our representation of the potential plaintiffs in Delaco included our involvement in the formation of the claims filing and allowance procedures, a cornerstone of mass tort litigation bankruptcies.

In re Interep National Radio Sales, Inc., et al.

In this case, Verrill defended multiple parties against preference claims made by the Chapter 7 Trustee in this converted chapter 11 case. Our client's faced claims totaling over $200,000; Verrill was able to resolve the matters for approximately 25% of the demand.

In re Maine Software Developers Association

Verrill represented the Maine Software Developers Association, a technology industry trade group, on a pro bono basis in the wind down of its affairs through chapter 7 liquidation, culminating in the 363 sale of the client's assets.

In re Narraguagus Bay Heath Care, et al.

Verrill represented the Official Committee of Unsecured Creditors in the jointly administered cases of Narraguagus Bay Heath Care and Chandler Bay Group, Inc., two entities that owned and operated nursing homes in Maine. In addition to advising the Committee with respect to the Debtors' financial condition and plan of reorganization, Verrill worked with special labor counsel to the Debtors regarding the negotiation of union labor contracts and assisted in the resolution of a Medicare recoupment dispute.

Following plan confirmation, Verrill was retained to represent the trustee for the unsecured creditors' trust. In this role, Verrill advised the trustee regarding creation and tax implication issues for the trust and engaged in preference litigation on behalf of the trustee.

In re NewPage Corporation

Verrill represented a Maine-based trade supplier in asserting administrative claims against the debtor's estate pursuant to section 503(b)(9) of the Code and favorably resolved the debtor's resulting objection.

In re Smurfit-Stone Container Corporation, et al.

Verrill represented a Maine-based trade supplier in asserting administrative claims against the debtor's estate pursuant to section 503(b)(9) of the Code and favorably resolved the debtor's resulting objection.

Representation of Chapter 7 Trustee: Red Shield Acquisition, LLC

Verrill was selected as counsel to the Chapter 7 Trustee for Red Shield Acquisition, LLC. The first priority in our engagement was successfully securing bankruptcy court approval for the sale of the Debtor's pulp mill in Old Town, Maine under section 363 of the Bankruptcy Code. Verrill accomplished this primary objective in a mere 26 days from our selection as Trustee's counsel. Although the work for the Trustee in this case is on-going, securing approval for the sale of the Debtor's assets this quickly permitted some 200 furloughed employees of the Debtor to return to work before the holidays and permitted this important asset in Maine's economy to be back online as soon as possible.

Sale of Medicaid Managed Care Plan

We represented our client in the sale of assets of a 501(3) tax exempt Medicaid managed care plan to a 501(c)(4) Managed Care Plan.

Our representation of this client involved providing advice throughout the negotiation on corporate, labor, benefits and regulatory issues. Members of Verrill's Labor & Employment, Employee Benefits & Executive Compensation and Health Care Groups worked in conjunction with the M&A Group on the matter.

Sale of Teaching/Community Hospital

We represented this client in the sale of their teaching/community hospital to the teaching hospital of a major university. Our client has annual sales over $500 million. An interesting aspect of this matter is that it involves the sale of a Catholic institution to a secular academic medical center, while maintaining the Catholic heritage on the client's site.

We are representing our client on corporate, Catholic, employee benefit and related issues. Verrill's Labor & Employment, Bankruptcy, Employee Benefits & Executive Compensation and Health Care Groups are working in conjunction with the M&A Group on this matter.