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Fansteel Inc.

The firm as cocounsel represented Fansteel, Inc. and certain of its affiliates in their chapter 11 bankruptcy case in Delaware. Fansteel manufactures and markets specialty metal products. During the course of the bankruptcy case, the company was able, among other things, to obtain working capital financing, to stabilize its businesses, to sell off noncore businesses at fair values, and, most importantly, to achieve broad support from substantially all parties in interest. The firm assisted in formulating and eventually confirming a successful chapter 11 reorganization plan that allowed the company consolidate operations, reduce expenses, and maximize efficiencies to emerge as a healthier enterprise.