Cody, Mark A.

Current Employment Position(s)

Partner

Lawyer Overview

Mark Cody's practice focuses primarily on corporate bankruptcy, restructuring, and other insolvency-related matters. He has advised debtors, lenders, large creditors, official creditors' committees, and other parties in large in-court and out-of-court corporate restructurings across the country.

Mark's representative chapter 11 debtor matters include: Boscov's Department Store, Chrysler, FLYi/Independence Air, Imperial Home Decor, Laidlaw, Loewen Group (n/k/a the Alderwoods Group), Metaldyne, Montgomery Ward Holding Corp., National Century Financial Enterprises, NationsRent, Performance Transportation Services, Purina Mills, Slater Steel, Tultex, and USG.

Mark also has represented the official committee of retired employees in the chapter 11 cases of Tower Automotive, the official committee of unsecured creditors in the chapter 11 cases of Mercury Finance and MobileMedia Communications, the first lien mortgage lender in the Hotel 71 chapter 11 case, the administrative agent to the pre- and post-petition secured lenders in the National Equipment Services cases, and a large creditor in the chapter 11 cases of Calpine Corporation.

Mark is a member of the American Bankruptcy Institute, the Illinois State Bar Association, and The Chicago Bar Association.

Areas of Practice

• Business Restructuring & Reorganization
• Chapter 11 Debtor Representations
• Official Unsecured Creditors' Committees
• Secured Lender Groups
• Bondholder Committees
• Distressed Mergers & Acquisitions
• Global Restructuring Matters
• Other Significant Creditor Representations
• Out-of-Court Restructurings
• Restructuring-Related Lending & Finance

Representative Cases

• Board of Performance Transportation Services, second largest U.S. automobile hauler, reviews fiduciary duties to creditors and other constituents, stalking horse bids, and governance issues related to bankruptcy filings , (2009)
• Chrysler sold to Fiat-led "New Chrysler" after historic court proceedings , (2009)
• Edison Brothers creditors' committee reorganizes nationwide retailer under chapter 11
• FLYi Inc. and Independence Air file for bankruptcy with $455 million in debt , (2009)
• Imperial Home Décor Group and five affiliated entities are restructured under chapter 11
• Laidlaw and five affiliates file for chapter 11
• Loewen Group International and 870 affiliated entities file for chapter 11 , (2009)
• Mercury Finance files prepack plan
• Metaldyne completes $65 million tender offer to purchase outstanding 10% Senior Notes and 11% Senior Subordinated Notes , (2009)
• Metaldyne files for bankruptcy protection
• MobileMedia creditors' committee formed
• Montgomery Ward files $5 billion bankruptcy case
• National Century Financial Enterprises files for bankruptcy with over $3 billion in debt
• National Century Financial Enterprises is creditor in multiple bankruptcies
• National Century Financial Enterprises litigates chapter 11 issues , (2009)
• NationsRent, Inc. and its subsidiaries file for chapter 11 in $1.2 billion reorganization of company
• Purina Mills files for chapter 11
• Slater Steel U.S. and Canadian affiliates file for chapter 11
• Tower Automotive retired employees reach settlement with company
• Tultex Corporation liquidates its sporting business
• USG Corporation in second restructuring
• USG Corporation wins landmark settlement , (2009)
• Wachovia Bank holds first lien debt of Hotel 71
• Wachovia provides $500 million exit financing for National Equipment Services , (2009)

West Practice Categories

Banking & Finance Law, Bankruptcy Law, Business & Commercial Law, Business & Trade, Business Organizations, Collections & Repossessions, Collections & Repossessions, Commercial Bankruptcy, Commercial Leasing, Consumer Bankruptcy, Creditors' Rights, Debt Discharge, Foreclosures, Garnishment, International Law, Mergers, Acquisitions & Divestitures, Reorganizations, Reorganizations & Restructuring, Securities Law, Workouts

Bar Admissions

• Illinois

Education

• Dartmouth College
• St. John's University

Published Works

• Delaware Bankruptcy Court Denies Debtors the Ability to Assume and Reject Individual Leases Under A Master Lease Agreement, 2008

Address

77 West Wacker
Chicago, IL 60601-1692

Phones

1.312.269.4392 (Business Phone)

Faxes

1.312.782.8585 (Business Fax)

Emails

Contact Us (Business Email)

Websites

http://www.jonesday.com