Mark Cody

Mark A. Cody has over 20 years of experience representing clients in corporate bankruptcy, restructuring, and other insolvency-related matters. He has advised debtors, lenders, large creditors, official creditors’ committees, distressed investors, and other parties in large in-court and out-of-court corporate restructurings across the country in a variety of industries, including retail, automotive, energy, and coal. Further, he has significant experience counseling clients in acquisitions, loan workouts, and corporate governance and fiduciary duty matters in distressed situations.

Notable chapter 11 debtor representations include: Chrysler, FLYi/Independence Air, General Wireless Operations (dba RadioShack), Harry & David, Imperial Home Decor, Laidlaw, Loewen Group (nka Alderwoods Group), Metaldyne, Montgomery Ward, National Century Financial Enterprises, NationsRent, Peabody Energy, Performance Transportation Services, Purina Mills, Slater Steel, and USG.

Other representations include the administrative agent in the out-of-court restructuring of Network Communications; the holder and insurer of certain general obligation debt in the chapter 9 municipal bankruptcy case of Jefferson County, Alabama; the official committee of unsecured creditors in the chapter 11 cases of Mercury Finance and MobileMedia Communications; International Textile Group in the chapter 11 cases of subsidiary Global Safety Textiles; a large creditor in the chapter 11 cases of Calpine Corporation; and Oncor in the chapter 11 cases of its ultimate parent, Energy Future Holdings Corp. and certain affiliates.

Mark is a member of the American Bankruptcy Institute, the Turnaround Management Association, the Illinois State Bar Association, The Chicago Bar Association, and the Dartmouth Club of Chicago. Since graduation, Mark has been a class agent for the Dartmouth College Fund.

EDUCATION:

• St. John’s University (J.D. cum laude 1996; Articles Editor, Law Review);
• Dartmouth College (A.B. 1992)

BAR ADMISSIONS:

• Illinois, U.S. District Court for the Northern District of Illinois, and U.S. Court of Appeals for the Seventh Circuit

EXPERIENCE:

• Koch Methanol invests in YCI Methanol One and its $1.85 billion methanol production facility
• Follett Higher Education Group and Nebraska Book Company form strategic sourcing partnership
• PAG invests in Key Safety Systems to finance acquisition of global assets of Takata Corporation
• Sempra Energy acquires indirect interest in Oncor Electric, valuing Oncor Electric at $18.8 billion in enterprise value
• Peabody Energy exits chapter 11 in less than a year
• Follett acquires Nebraska Book Company’s retail store division
• Stanley Black & Decker and RF Controls form joint venture targeting passive RFID market
• Oncor Electric Delivery Company shielded from Energy Future Holding’s chapter 11 bankruptcy
• Lehman Brothers bankruptcy estate obtains advice in connection with potential litigation concerning derivative transactions
• Leading financial services company provides loan facility to local media company in connection with out-of-court restructuring
• SCANA settles with Calpine on certain gas and electric claims
• Chrysler sold to Fiat-led “New Chrysler” after historic court proceedings.