Kyle Arendsen
Senior Associate
Kyle Arendsen is a member of the firm’s Restructuring & Insolvency Practice Group and focuses his practice on companies and creditors in all aspects of corporate restructurings, including in chapter 11 cases, out-of-court restructurings and cross-border insolvencies. His restructuring matters encompass a wide variety of industries, including mining, real estate, manufacturing, oil and natural gas, healthcare and pharmaceutical.
- Representing a secured lender in chapter 11 cases in the District of Delaware concerning a large coal mining company with over US$50 million of funded debt operating in Colorado and Alabama.
- Representing a self-storage facility operator in the Northern District of Texas, which resulted in a confirmed chapter 11 plan, the payment in full of all creditors, and a return to equity funded by a US$588 million asset sale of a 64-property portfolio across 10 states.
- Representing an examiner in the Southern District of New York to evaluate the independent directors’ decision-making process before approving a plan of reorganization for a pharmaceutical debtor with between US$1 billion to US$10 billion in assets.
- Representing an examiner in the Western District of Washington to evaluate international discovery disputes concerning a real estate debtor with over US$100 million of funded debt and recommend available remedies.
- Representing an international financial advisory firm to recover its administrative expenses in the Eastern District of Kentucky in a coal mining bankruptcy case with over US$150 million of funded debt.
- Representing a large coal mining company with over US$50 million of funded debt in a chapter 11 case in the Western District of Kentucky to successfully sell substantially all of its assets in the Illinois Coal Basin in Western Kentucky, confirm its plan, establish a liquidation trust for the benefit of all creditors and close the cases within 10 months of the effective date.
- Representing a large oilfield service provider with over US$50 million of funded debt in its chapter 11 cases in the Southern District of Texas to successfully sell substantially all of its assets as a going concern to its prepetition and postpetition lender and subsequently confirm a plan of liquidation.
- Representing a major coal mining company with over US$250 million of funded debt in its freefall chapter 11 cases in the Southern District of West Virginia to successfully sell substantially all of its assets, resolve significant reclamation obligations, confirm its plan and administer the estates’ liquidation trust.
- Representing a leading apparel retail debtor in bankruptcy, which included a sale of a substantial portion of the debtors’ intellectual property for US$340 million.
- Representing secured creditor in the bankruptcy of a top financial technology services company.
- Representing a major casino gaming debtor with more than US$18.4 billion in funded debt obligations and more than 1,000 timely filed proofs of claim.
- Representing a discount retail debtor to materially reduce the debtors’ financial obligations and exit bankruptcy as a going concern.
- Representing an oil and gas exploration and production company to execute six simultaneous asset sales during its restructuring, with an aggregate purchase price of US$650 million.
Education
- University of Virginia School of Law, J.D., 2016
- Cornell University, B.S., 2013
Admissions
- Ohio, 2019
- Illinois, 2016
Memberships & Affiliations
- American Bankruptcy Institute
- Turnaround Management Association
- Author, “Bankruptcy Court Applies First-of-Its-Kind Valuation Method to Estimate Cryptocurrency Claims (US),” INSOL, September 2024.
- Author, "SVB Ch. 11 Shows Importance of Filing Proof of Claim Early," Law360, July 19, 2024.
- Author, "Yellow Corp. Lease Assumption Shows Landlord Protections," Law360, June 20, 2024.
- Speaker, American Bankruptcy Institute 2024 Central States Bankruptcy Workshop, June 19, 2024.
- Speaker, Association of Insolvency & Restructuring Advisors 40th Annual Bankruptcy & Restructuring Conference, June 5, 2024.
- Author, “Texas Bankruptcy Court Declines to Deem Nonvotes as Votes in Favor of Liquidation Plan (US),” INSOL, May 2024.
- Author, “Mallinckrodt Trust Asserts Novel Argument in Response to Safe Harbor Defense (US),” INSOL, April 2024.
- Author, “Ch. 11 Case Shows Why Plan Acceptance Procedures Are Key,” Law360, April 2024.
- Speaker, Association of Insolvency & Restructuring Advisors 39th Annual Bankruptcy & Restructuring Conference, June 7, 2023.
- Author, “Bittrex Bankruptcy Order Highlights Creative Crypto Financing,” Law360, June 2023.
- Author, "Why A Bankruptcy Court OK'd Rare Subpoena Via Twitter,” Law360, January 2023.
- Author, “Creditor Claims Trading Case Shows Disclosure Is Paramount,” Law360, December 2022.
- Speaker, Association of Insolvency & Restructuring Advisors 38th Annual Bankruptcy & Restructuring Conference, June 8, 2022.
- Co-author, Blackjewel and Hartshorne: Overcoming §1129 (a)(9) Obstacles, ABI Journal, August 2021.
- Speaker, Industry Update: From the Oil Patch to Renewables, TMA, May 5, 2021.