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)

Updated 3/30/17