Scott C. Shelley

 

New York Office
Tel: 212-849-7000
Fax: 212-849-7100
scottshelley@quinnemanuel.com

Practice Areas
Banking and Financial Institution Litigation
Investment Fund and Fund Advisor Litigation
Bankruptcy and Restructuring

Education

 

Seton Hall University School of Law (J.D., cum laude, 1993)
     Seton Hall Law Review:

          Managing Editor


Middlebury College
(B.A., English, 1987)





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Biography

 

Scott Shelley specializes in representing hedge funds, financial institutions, distressed companies, creditors’ committees and other parties in chapter 11 proceedings and out-of-court restructurings.  He has extensive experience in a broad range of bankruptcy disciplines, including debtor in possession financing and use of cash collateral, distressed asset sales, chapter 11 plan formulation, bankruptcy litigation and cross-border insolvencies.  Scott also has significant experience analyzing complex transaction structures and advising clients regarding bankruptcy risks, as well as advising clients with respect to corporate governance matters and fiduciary duties.




Representative Clients


Solus Alternative Asset Management LP, in connection with the Chapter 11 cases of TerreStar Corporation and TerreStar Networks Inc.

Hildene Capital Management, LLC, in connection with the Chapter 11 case of Zais Investment Grade Limited VII

Joint Liquidators of ParkCentral Global Hub Limited in Bermuda insolvency proceedings and related U.S. litigation

Ad Hoc Committee of Compulsory Redeemers in Bermuda insolvency proceedings of Highland Crusader Fund II, Ltd.

Collective of DIP Lenders, in connection with the Chapter 11 case of Delphi Corporation

Certain AIG affiliates in the Chapter 11 case of Chem Rx Corporation

Aurelius Capital Management, LP, as prepetition lender, in connection with the Chapter 11 cases of Fontainebleau Las Vegas, LLC and its affiliates

Guarantor of $90 million term loan to national mortgage servicing company, in connection with work-out and restructuring of loan obligations




Notable Representations

 

Joint Liquidators of Millennium Emerging Credit Master Fund Limited and Millennium Emerging Credit Fund Limited in Chapter 15 proceedings

Ad Hoc Committee of Equity Security Holders, in connection with the Chapter 11 cases of Spansion, Inc. and its affiliates

G-1 Holdings Inc., as debtor in possession in Chapter 11 proceedings

Buffets Holdings, Inc. as debtor in possession in Chapter 11 proceedings

Official Committee of Unsecured Creditors of Lehman Brothers Holdings, Inc., as conflicts counsel, in connection with the Lehman Brothers Chapter 11 cases.

Lexington Insurance Co. in connection with the Chapter 11 proceedings of EnCap Golf Holdings, LLC

Bank of America, N.A., as agent, in the DIP financing of Joan Fabrics Corporation, a Massachusetts based textile company

Innovative Communications Company, LLC and Emerging Communications, Inc. as debtors in possession in Chapter 11 proceedings

Bank of America, N.A., as the agent, in connection with an out of court loan restructuring of Joan Fabrics Corporation

Official Committee of Unsecured Creditors of Mirant Corporation, et al. in connection with the Chapter 11 cases of Mirant Corporation and its affiliates

Insilco Corporation and its affiliates as debtors in possession in liquidating Chapter 11 proceedings

Winstar Communications as debtor in possession in Chapter 11 proceedings

Citicorp USA, as agent, in the debtor in possession financing for Wheeling-Pittsburgh Steel Corporation

Royal Bank of Canada, as agent for the prepetition lenders, in the Chapter 11 reorganization of ICG Communications, Inc.

Citicorp USA, as agent, in the debtor in possession financing for Stages Stores, Inc.

Canadian Imperial Bank of Commerce, as agent, in connection with the debtor in possession financing for NorthPoint Communications

ICO Global Communications as debtor in possession in Chapter 11 proceedings

Long John Silver’s Restaurants as debtor in possession in Chapter 11 proceedings