Van Durrer leads Skadden, Arps’ corporate restructuring practice in the western United States and advises clients in restructuring matters around the Pacific Rim. He regularly represents public and private companies, major secured creditors, official and unofficial committees of unsecured creditors, investors and asset-purchasers in troubled company M&A, financings and restructuring transactions, including out-of-court workouts and formal insolvency proceedings.
Mr. Durrer’s representative restructuring and insolvency engagements include Anchor BanCorp Wisconsin Inc. (named as the “Restructuring Deal of the Year (Over $250mm to $500mm)” for 2013 by The M&A Advisor); Blue Bird Body Company; Catalyst Paper Corporation (a restructuring that was named “Deal of the Year” in the Industrial Manufacturing/Distribution (over $250MM) category at the 5th Annual M&A Advisor’s International M&A Awards); Indymac Bancorp, Inc. (Chapter 7 trustee); Irish Bank Resolution Corporation; Kmart Corporation; Spansion Inc.; and US Airways Group, Inc. He also has advised participants in the financial restructurings of AmericanWest Bank (which received The Turnaround Management Association’s 2010 Transaction of the Year award in the midsize company category); Calpine Corporation; Clift Holdings LLC; LBREP/L-Suncal Master I, LLC; New Century Financial Corporation; Pierre Foods, Inc. (M&A Advisor’s Food and Beverage Turnaround of the Year 2008); Rock & Republic Enterprises, Inc.; SONICBlue Incorporated; Station Casinos, Inc.; and THCR/LP Corporation (involving the Trump Atlantic City casinos). Selected industries in which Mr. Durrer has provided restructuring advice include financial services, gaming, health care, hospitality, information technology, logistics, manufacturing, real estate, retail and telecommunications. Matters he has handled have been recognized in publications such as the 2011 Financial Times “U.S. Innovative Lawyers” report, and received the “Chapter 11 Reorganization of the Year (Upper Middle Market)” by M&A Advisor’s 6th Annual Turnaround Awards.