New Filing - DACCO Transmission Parts (Transtar Holding Company)
DACCO Transmission Parts (Transtar Holding Company)
- 11/20/16 Recap: Ohio-based global supplier of products related to transmissions and drivetrains files for Chapter 11 to effectuate a prepackaged case handing the company over to the first lien lenders. The cases will be funded by Silver Point Finance LLC as DIP lender ($55mm).
- Jurisdiction: S.D. of New York
- Capital Structure: $376.6mm first lien TL (RBC), $48mm RCF (RBC), $170mm second lien TL (Cortland Capital Markets)
- Company Professionals:
- Replacement Legal: Jones Day LLP (Scott Greenberg, Carl E. Black, Daniel Merrett, Stacey Corr-Irvine)
- Original Legal: Willkie Farr (Rachel Strickland, Christopher Koenig, Jennifer Hardy, Debra McElligott)
- Financial Advisor: FTI Consulting LLC (Daniel Hugo, Dewey Imhoff, Stuart Gleichenhaus, Joe Lu, Carl Jones, Scott Hoffman, Luke McCrory, Patrick Rauh)
- Investment Banker: Ducera Partners LLC (Agnes Tang)
- Lease Consultant: Hilco Real Estate LLC (Ryan Lawlor)
- Claims Agent: Prime Clerk LLC (*click on company name for docket)
- Other Parties in Interest:
- RBC
- Legal: Paul Hastings LLP (Randal Palach, Alexander Bongartz)
- Ad Hoc Committee of Second Lien Lenders
- Legal: Latham & Watkins LLP (Richard Levy, Matthew Warren)
- Silver Point Capital (as DIP Lender)
- Legal: Chapman & Cutler LLP (Steven Wilanowsky, Aaron Krieger)
- Friedman Fleisher & Lowe LLC (as Sponsor)
- Legal: Young Conaway (Michael Nestor)
- Examiner
- Legal: Jenner & Block LLP (Richard Levin)
- Octagon Credit Investors LLC and Invesco Ltd.
- Legal: King & Spalding LLP (Michael Rupe, Jeffrey Pawlitz)
- RBC
Updated 3/30/17