Mooney Green attorneys represent unions and benefit plans when employers file for bankruptcy. We have extensive experience dealing with reorganization and shutdown proceedings for private employers, across a wide range of industries, under Chapters 7 and 11 of the Bankruptcy Code.
In addition to filing claims in bankruptcy, we have served on creditors’ committees and have extensive bankruptcy litigation experience, including participation in challenges to debtors’ efforts to terminate their pension and retiree healthcare obligations pursuant to Sections 1113 and 1114 of the Bankruptcy Code and battles over the allowance and priority treatment of our client plans’ claims.
We help our clients navigate the bankruptcy process, both in court and in negotiations with the debtor employer.
- Alpha Natural Resources - successfully negotiated an allowed unsecured claim of $985 million.
- Peabody Energy Corp. – successfully moved to lift automatic stay and submit dispute to arbitration, which resulted in a confidential settlement.
- Patriot Coal (Patriot I) – successfully convinced debtor to retain its contribution obligation rather than incurring withdrawal liability.
