Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure, the law firms of Gibson, Dunn & Crutcher LLP and Husch Blackwell LLP submitted a verified statement that they are representing the Ad Hoc Group of Senior Noteholders in the Chapter 11 cases of Briggs & Stratton Corporation, et al.
On or about August 11, 2020, the Ad Hoc Group of Senior Noteholders retained Gibson, Dunn & Crutcher LLP to represent them as counsel in connection with the chapter 11 cases of the above-captioned debtors.
On or about August 13, 2020, the Ad Hoc Group of Senior Noteholders retained Husch Blackwell LLP to serve as co-counsel.
Gibson Dunn and Husch Blackwell represent the members of the Ad Hoc Group of Senior Noteholders in their capacities as holders of 6.875% senior unsecured notes due December 2020 issued by Briggs & Stratton Corporation pursuant to that certain Indenture, dated as of December 20, 2010.
Gibson Dunn does not represent or purport to represent any other entities in connection with the Debtors’ chapter 11 cases. In addition to the Ad Hoc Group of Senior Noteholders, Husch Blackwell also represents the following unsecured creditors: Safety National Casualty Corporation, Allibusiness, LLC, the Milwaukee Brewers Baseball Club, and CFB Venture Fund. Gibson Dunn and Husch Blackwell do not represent the Ad Hoc Group of Senior Noteholders as a committee and do not undertake to represent the interests of, and are not fiduciaries for, any creditor, party in interest, or other entity that has not signed a retention agreement with Gibson Dunn or Husch Blackwell. In addition, the Ad Hoc Group of Senior Noteholders does not represent or purport to represent any other entities in connection with the Debtors’ chapter 11 cases. Each member of the Ad Hoc Group of Senior Noteholders does not represent the interests of, nor act as a fiduciary for, any person or entity other than the member of the Ad Hoc Group of Senior Noteholders in connection with the Debtors’ chapter 11 cases.
Upon information and belief formed after due inquiry, Gibson Dunn and Husch Blackwell do not hold any disclosable economic interests (as such term is defined in Bankruptcy Rule 2019(a)(1)) in relation to the Debtors.
As of Aug. 18, 2020, members of the Ad Hoc Group of Senior Noteholders and their disclosable economic interests are:
Principal Amount of
Outstanding Senior Notes
Atalaya Capital Management $23,592,000
One Rockefeller Plaza, 32nd Floor
New York, NY 10020
300 South Tryon Street, Suite 2500
Charlotte, NC 28202
Cohanzick Management, LLC and $1,215,000
Crossing Bridge Advisors, LLC
427 Bedford Road, Suite 230
Pleasantville, NY 10570
Whitebox Advisors LLC $12,500,000
3033 Excelsior Boulevard, Suite 500
Minneapolis, MN 55416
The Ad Hoc Group of Senior Noteholders, through its undersigned counsel, reserves the right to amend or supplement this Verified Statement in accordance with the requirements of Bankruptcy Rule 2019 at any time in the future.
Counsel for the Ad Hoc Group of Senior Noteholders can be reached at:
HUSCH BLACKWELL LLP
Marshall C. Turner, Esq.
190 Carondelet Plaza, Suite 600
Clayton, MO 63105
Tel: (314) 480-1500
Fax: (314) 480-1505
– and –
GIBSON, DUNN & CRUTCHER LLP
Jeffrey C. Krause, Esq.
333 S. Grand Avenue
Los Angeles, CA 90071
Tel: (213) 229-7995
A copy of the Rule 2019 filing, downloaded from PacerMonitor.com, is available at https://is.gd/vOdj1l
About Briggs & Stratton Corporation
Briggs & Stratton Corporation is a producer of gasoline engines for outdoor power equipment and a designer, manufacturer and marketer of power generation, pressure washer, lawn and garden, turf care, and job site products. The Company’s products are marketed and serviced in more than 100 countries on six continents through 40,000 authorized dealers and service organizations.
Briggs & Stratton Corporation and four affiliates concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Mo. Lead Case No. 20-43597) on July 20, 2020. The petitions were signed by Mark A. Schwertfeger, senior vice president and chief financial officer. At the time of the filing, Briggs & Stratton Corporation disclosed total assets of $1,589,398,000 and total liabilities of $1,350,058,000 as of March 29, 2020.
Judge Barry S. Schermer oversees the cases.
The Debtors tapped Weil, Gotshal & Manges LLP as bankruptcy counsel; Carmody MacDonald P.C. as local counsel; Foley & Lardner LLP as corporate counsel; Houlihan Lokey Inc. as investment banker; Ernst & Young, LLP as restructuring and tax advisor; Deloitte LLP as auditor and tax consultant; and Kurtzman Carson Consultants, LLC as claims and noticing agent.
The Office of the U.S. Trustee appointed a committee to represent unsecured creditors in Debtors’ Chapter 11 cases.