Amy Caton, co-chair of the Bankruptcy and Restructuring department, has represented investors and creditors’ committees in many of the nation’s largest, most complex and highest-profile bankruptcies for the past 25 years.
Amy’s recent high-profile representations in Chapter 11 and other restructurings include representing holders of over $3 billion of revenue bonds in the Puerto Rico Electric Power Authority’s (PREPA) restructuring proceedings; holders of over $6 billion of Puerto Rico, COFINA, UPR and HTA bonds in the Commonwealth of Puerto Rico’s restructurings; the majority bondholders of AES Puerto Rico; bank lenders to PG&E (California’s largest electric utility company); and the majority holders of over $1 billion of secured and unsecured bonds in First Energy’s restructuring.
Amy also represents bondholders in workouts of public-private partnership debt, including Maryland’s Purple Line, AES Puerto Rico, California Agriculture, City of Lombard (Westin), Denver Transit Partners and Lehman Brothers Commodity Services (Main Street), among many others. Amy has represented official committees of unsecured creditors in many of the country’s largest Chapter 11 cases, including Hertz, Endo Pharmaceuticals, Brazos Electric, Patriot Coal and General Motors.
In addition to negotiating favorable deals for her clients in multiple workouts, Amy and the Kramer Levin bankruptcy litigation team have had extraordinary success in the courtroom for clients, including winning U.S. Supreme Court litigation to deem Puerto Rico’s 2014 bankruptcy code unconstitutional, reversing an Enron bankruptcy court decision on subordination and the rule of the last antecedent, and reversing bankruptcy and district court fact-based valuation decisions in front of the Seventh Circuit Court of Appeals on behalf of Los Angeles International Airport bondholders in the United Airlines bankruptcy.
Updated Aug 2024
