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Morrison Foerster to Represent the Official Committee of Unsecured Creditors of Accuride

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Morrison Foerster was selected to represent the Official Committee of Unsecured Creditors of Accuride and its affiliated debtors....

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Morrison Foerster was selected to represent the Official Committee of Unsecured Creditors of Accuride and its affiliated debtors. Accuride is a manufacturer of wheels and wheel end products for commercial trucks and trailers. Accuride and its affiliated debtors, filed voluntary bankruptcy petitions commencing Chapter 11 proceedings in Delaware on October 9, 2024.The team leading this matter includes New York restructuring partners Lorenzo Marinuzzi, Oksana Lashko, Jennifer Marines, Benjamin Butterfield and Doug Mannal.

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Lorenzo is global co-chair of the firm wide Business Restructuring + Insolvency Group. Lorenzo represents debtors, creditors, and creditors’ committees in complex bankruptcy cases, workouts, and litigation. His cases have spanned the United States as well as countless industries, such as airline and cargo transportation, mortgage origination and servicing, retail, banking and finance, energy, oil and gas, and telecommunications.Lorenzo has represented the official committee of unsecured creditors in numerous recent chapter 11 cases, including Peer Street, Incora/Wesco, Clovis Oncology, Valaris, Windstream Holdings, Inc., Cloud Peak Energy, Westmoreland Coal Company, Inc., The NORDAM Group, Inc., Avaya Inc., Armstrong Energy, Inc., 21st Century Oncology Holdings, Inc., Peabody Energy, Inc., Energy Future Holdings, Corp., and UCI International, Inc.Lorenzo’s deep experience and capabilities advising on precedent-setting bankruptcy and restructuring matters have not gone unnoticed. He is listed as a leading lawyer in Chambers USA and has also been recommended by The Legal 500 US. He was also designated by Turnarounds & Workouts magazine as an Outstanding Restructuring Lawyer for his accomplishments in 2016 and 2017.

Lorenzo Marinuzzi

Partner

Oksana Lashko is a partner in the Business Restructuring + Insolvency Group based in the New York office.Oksana represents debtors/borrowers, secured and unsecured creditors, official and ad hoc committees, and other significant parties‑in-interest in Chapter 11 cases and out-of-court restructurings, cross-border insolvency matters, and various bankruptcy-related transactions and investments, including section 363 sales, financings, liability management transactions, as well as complex litigation matters. Over the course of her career, Oksana has built a successful creditors’ committee practice. Her experience spans diverse industries, including media, real estate, energy, consumer and retail, manufacturing, oil and gas, sports, and financial services, showcasing her expertise in handling high stakes, contentious, and complex restructurings. She also advises clients on navigating complex debt capitalization structures, intercreditor arrangements, and syndicated leveraged transactions.Oksana has been recognized by Best Lawyers in America for Bankruptcy and Creditor Debtor Rights and Insolvency (2023-2025) and by The Legal 500 US in the area of Corporate Restructuring (2021).Prior to joining the firm, Oksana was a partner at another international law firm, contributing to her background in corporate restructuring and bankruptcy.Oksana holds a J.D., summa cum laude from Brooklyn Law School, where she was the Editor-in-Chief of the Brooklyn Law Review and a B.A. from Colgate University.

Oksana Lashko

Jennifer Marines serves as global vice chair of Morrison Foerster, co-chair of the firm’s global Business Restructuring + Insolvency Group, a member of the Woman’s Strategy Committee, and a member of the Firm’s Finance and Benefits Committee. She has extensive experience in representing chapter 11 debtors, creditors, investors, and other parties in interest in all aspects of complex corporate restructurings, including chapter 11 cases, out-of-court restructurings, and distressed acquisitions.Jennifer has built a highly successful and peer-recognized practice in the restructuring and work-outs space, routinely representing companies and their boards in navigating complex distressed situations. Jennifer also has extensive experience advising official committees of creditors, negotiating and structuring financings and other commercial transactions, and representing clients seeking to purchase businesses and related assets out of chapter 11 proceedings. Jennifer is recognized by Chambers USA and The Legal 500 US in the area of corporate restructuring. She has recently been recognized as one of “Top Women in Dealmaking” by The Deal and a “Top Woman Dealmaker” by Global M&A Network. She has also been named an “Outstanding Young Restructuring Lawyer” for 2016–2020 by Turnarounds & Workouts and a “Bankruptcy Rising Star” for 2016 and 2017 by Law360. The American Bankruptcy Institute also honored Jennifer in 2018 as one of their “40 Under 40,” a list recognizing emerging leaders in insolvency practice.

Jennifer Marines

Vice Chair

Ben Butterfield is a partner in the Business Restructuring + Insolvency Group in the New York office of Morrison Foerster.Ben has represented debtors, secured creditors, unsecured creditors, official creditors’ committees, and directors and officers in complex restructuring transactions, including both out-of-court financial restructurings and chapter 11 proceedings. Ben has also represented clients in connection with international insolvency-related matters, including litigation-oriented matters as well as transactional work. He is also a member of our global ESG + Sustainability steering committee.Prior to joining Morrison Foerster, Ben was an associate in the New York office of another large law firm. He earned his J.D. from the New York University School of Law.Ben is admitted to practice in New York.

Benjamin Butterfield

Doug is a partner in the Business Restructuring + Insolvency Group, based in the New York office.Doug’s practice focuses on representing clients in chapter 11 bankruptcy cases, out-of-court restructurings, and other distressed situations. His clients include official creditors’ committees, ad hoc creditor groups, and individual asset managers, as well as corporate borrowers.On behalf of creditors, Doug implements strategies focused on maximizing creditor recoveries and he has significant experience proposing and confirming plans of reorganization; investigating and prosecuting various estate causes of action; negotiating intercreditor disputes; crafting cash collateral orders, debtor-in-possession/exit financing packages, and creditor-sponsored equity rights offerings; challenging confirmation of nonconsensual chapter 11 plans; terminating exclusivity; participating in 363 sales; and implementing and defending against coercive liability management transactions. On the company side, Doug counsels borrowers navigating the complex legal, financial, and operational issues that arise in distressed situations, implementing both in- and out-of-court restructurings aimed at preserving value.Doug has been recognized for over a decade in Chambers USA, where he is acclaimed as a “force of nature” and an “adept architect of the restructuring process.”  Turnarounds & Workouts recognized him as an Outstanding Restructuring Lawyer in 2020 and 2017 and he is recognized as a Leading Global Restructuring Lawyer by Lawdragon 500.Doug has a J.D. from Brooklyn Law School and a B.A. in government and law from Lafayette College.

Doug Mannal

Business Restructuring + Insolvency