Verso Corporation
Case Number:
1:16-bk-10163
Court:
Nature of Suit:
Firms
- Akerman LLP
- Archer & Greiner
- Ashby & Geddes
- Baird Mandalas
- Ballard Spahr
- Bernstein Burkley
- Bernstein Shur
- Blank Rome
- Boardman & Clark
- Brown & Connery
- Buckingham Doolittle
- Burnham Law
- Burr & Forman
- Cairncross & Hempelmann
- Ciardi Ciardi
- Cohen Weiss
- Cole Schotz
- Covington & Burling
- Cross & Simon
- Davis Polk
- Duane Morris
- Emmanuel Sheppard
- Flaster Greenberg
- Fleischer Fleischer
- Foley & Lardner
- Fox Rothschild
- Frantz Ward
- Fusco Gallagher
- Gellert Scali
- Godfrey & Kahn
- Haynsworth Sinkler
- Hellmuth & Johnson
- Henningson & Snoxell
- Hogan McDaniel
- Holland & Knight
- Johnson Killen
- K&L Gates
- Landis Rath
- Latham & Watkins
- Law Office of Susan E. Kaufman
- Linebarger Goggan
- Lowenstein Sandler
- Margolis Edelstein
- McCarter & English
- McGuireWoods
- Milbank LLP
- Montgomery McCracken
- Morris James
- Morris Nichols
- O'Melveny & Myers
- Paul Weiss
- Perdue Brandon
- Pessin Katz
- Petruccelli Martin
- Pinckney Weidinger
- Polsinelli PC
- Potter Anderson
- Preti Flaherty
- Previant Law Firm
- Quinn Emanuel
- Reed Smith
- Richards Layton
- Robinson & Cole
- Ropes & Gray
- Satterlee Stephens
- Saul Ewing
- Shipman & Goodwin
- Sidley Austin
- Skadden Arps
- Smith Katzenstein
- Squire Patton
- Stevens & Lee
- Streusand Landon
- Sullivan Hazeltine
- Taft Stettinius
- Thompson Coburn
- Togut Segal
- Troubh Heisler
- Troutman Pepper
- Venable LLP
- Vorys
- WilmerHale
- Womble Bond
- Young Conaway
Companies
- ABB Asea Brown Boveri Ltd.
- Accenture PLC
- Airgas Inc.
- AlixPartners LLP
- Alvarez & Marsal Holdings LLC
- Automotive Rentals Inc.
- Avery Dennison Corp.
- Brenntag AG
- Central Maine Power Co.
- Chevron Corp.
- Citigroup Inc.
- Credit Suisse Group AG
- CSX Corp.
- Deloitte Touche Tohmatsu Ltd.
- Evonik Industries AG
- Hydrite Chemical Co.
- Ingredion Inc.
- International Brotherhood of Electrical Workers
- International Business Machines Corp.
- Iron Mountain Inc.
- ISO New England Inc.
- Mallinckrodt PLC
- McGraw-Hill Education Inc.
- NewPage Group
- Occidental Petroleum Corp.
- Office & Professional Employees International Union
- OMNOVA Solutions Inc.
- Oracle Corp.
- Packaging Dynamics Corp.
- PeroxyChem LLC
- PricewaterhouseCoopers LLP
- QBE Insurance Group Ltd.
- Rockwell Automation Inc.
- SAP AG
- Sonoco Products Co.
- The Chemours Co.
- The Linde Group
- TR Capital Management LLC
- United Steelworkers
- U.S. Bancorp
- Verso Corp.
- Wells Fargo & Co.
- Wilmington Trust Corp.
- YRC Freight Inc.
Government Agencies
- Maine Department of Environmental Protection
- Maryland Department of the Environment
- Michigan Department of Environmental Quality
- Missouri Department of Revenue
- New York City Department of Finance
- Ohio Department of Taxation
- Pension Benefit Guaranty Corp.
- Tennessee Department of Revenue
- Texas Comptroller of Public Accounts
Sectors & Industries:
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June 23, 2016
Verso Paper Turns New Leaf With $2.4B Restructuring OK
A Delaware federal judge approved a restructuring plan for Verso Corp. on Thursday that converts $2.4 billion of the specialty paper maker's liabilities into equity in the reorganized company.
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June 09, 2016
Maine Objects To Papermaker Verso's $2.5B Ch. 11 Plan
Maine officials on Thursday objected to Verso Corp's $2.5 billion Chapter 11 plan, saying in a Delaware bankruptcy court filing that the papermaking company needs to assure that its restructuring leaves state environmental protection authority and company obligations to regulators intact.
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May 27, 2016
Wis. AG Takes Issue With Verso's $2.5B Ch. 11 Plan
Wisconsin’s attorney general took issue with Verso Corp.’s Chapter 11 plan Friday, arguing that broad injunction clauses in the strategy interfere with the state’s right to enforce its environmental policies and that it improperly sets the Delaware bankruptcy court as the venue to resolve such disputes.
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May 24, 2016
Bankrupt Verso Resolves $11M Tax Fight With Maine Town
A Delaware bankruptcy judge gave Verso Corp. the thumbs-up Tuesday for a settlement resolving an $11 million tax fight with a small town in Maine with a deal that allows the paper maker to avoid a potentially sticky jurisdictional fight over what court should decide its tax liability.
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May 09, 2016
Verso Gets Nod To Solicit Creditors On Ch. 11 Plan
A Delaware bankruptcy judge gave Verso Corp. the green light Monday to solicit creditors on its Chapter 11 plan to swap out roughly $2.5 billion in debt for equity, but a fight over valuation connected to the paper maker may be looming when the strategy is up for confirmation.
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April 13, 2016
Town Says $11M Tax Fight In Verso Ch. 11 Belongs In Maine
A small town in Maine pushed the Delaware bankruptcy court Wednesday to move an $11 million tax fight with paper maker Verso Corp. to proceedings Down East, arguing that the debtor is not correctly interpreting the rules for keeping the dispute in the First State.
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March 16, 2016
Bankrupt Verso Taps Morgan Lewis As Special M&A Counsel
A Delaware bankruptcy judge on Wednesday approved Morgan Lewis & Bockius LLP to serve as paper giant Verso's special merger and acquisitions counsel, a role in which the firm will handle any potential sale of paper mills and similar deals.
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March 01, 2016
Verso Paper Reaches Deal On $775M Chapter 11 Loan Plan
Verso Corp. found tentative agreement late Tuesday on terms for its $775 million bankruptcy financing plan after working through a final round of disputes in a Delaware courtroom over lender rights to lock down the firm's remaining assets.
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February 25, 2016
Verso Hindered In Quest For $775M DIP Funding Approval
Disputes over bankruptcy plan challenge rights and other issues tripped up Verso Corp.'s bid for approval of a $775 million Chapter 11 debtor-in-possession financing deal Thursday, forcing the big paper company and its creditors toward an unplanned argument hearing in Delaware bankruptcy court on Tuesday.
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February 23, 2016
Verso Creditors Say $775M DIP Plan Leaves Them Hanging
Unsecured creditors in paper maker Verso's Chapter 11 proceedings filed objections Monday in Delaware to portions of the company's proposed $775 million debtor-in-possession financing, saying a restructuring support agreement doesn't account for the creditors' claims.