JHT Holdings

Representation of the creditors’ committee in the chapter 11 case of automotive supply company JHT Holdings in the District of Delaware. The case was filed as a prepackaged case where the lenders and the debtor agreed on the terms of a chapter 11 plan before filing the case. The proposed plan provided no recovery to general unsecured creditors. The firm objected to the plan and negotiated a $1.5 million distribution to unsecured creditors.