Rhodes Homes

The firm was counsel to Rhodes Homes in its chapter 11 case as well as to the reorganized debtor operating as Dunhill Homes. At the time of its bankruptcy filing, Rhodes Homes was a leading Nevada homebuilder and had developed 40 communities, building 6,000 homes and generating over $2.4 billion in total revenues. The firm restructured Rhodes Homes, Nevada’s then third-largest homebuilder, by confirming a plan of reorganization that provided for an orderly handover of the company’s Nevada assets to a consortium of lenders. The plan resulted in the payment by the lenders of 100% of the outstanding trade debt.

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