In the Chapter 11 cases of TNT Crane & Rigging, Inc., et al., the law firms of Willkie Farr & Gallagher LLP and Morris Nichols Arsht & Tunnell LLP submitted a verified statement under Rule 2019 of the Federal Rules of Bankruptcy Procedure, to disclose that they are representing Ad Hoc Cross-Holder Group.
As of Aug. 26, 2020, members of the Ad Hoc Cross-Holder Group and their disclosable economic interests are:
Morgan Stanley Investment Management
522 Fifth Avenue
New York, NY, 10036
* First Lien Holdings: $101,175,948.98
* Second Lien Holdings: $40,420,000.00
HPS Investment Partners LLC
40 West 57th Street
New York, NY 10019
* First Lien Holdings: $4,986,717.91
* Second Lien Holdings: $15,050,000.00
Lord, Abbett & Co. LLC
90 Hudson Street
Jersey City, NJ, 07302
* First Lien Holdings: $20,033,321.61
* Second Lien Holdings: $13,332,000.62
McGinty Road Partners
60 South 6th Street, Suite 3720
Minneapolis, MN, 55402
* Second Lien Holdings: $5,000,000.00
Fidelity Investment Inc.
40 East 52nd Street
New York, NY, 10022
* First Lien Holdings: $31,708,904
* Second Lien Holdings: $33,800,000.00
Moab Capital Partners LLC
152 West 57th Street, 9th Floor
New York, NY, 10019
* Second Lien Holdings: $24,000,000.00
On or around March 31, 2020, the Ad Hoc Cross-Holder Group retained Willkie to represent them in connection with the Debtors’ refinancing efforts. MNAT subsequently was retained by Willkie to serve as Delaware counsel in advance of the Debtors’ bankruptcy filing in Delaware.
Counsel represents the Ad Hoc Groups and the Second Lien Agent in connection with these chapter 11 cases. Each member of the Ad Hoc Groups is aware of, and has consented to, Counsel’s “group representation” of the Ad Hoc Groups. No member of the Ad Hoc Groups represents or purports to represent any other entities in connection with these chapter 11 cases. The Second Lien Agent is aware of, and has consented to, Counsel’s representation of the Ad Hoc Groups. The Second Lien Agent does not represent or purport to represent any other entities in connection with these chapter 11 cases, except to the extent of and in its capacity as agent under the Second Lien Term Credit Agreement.
Nothing contained in this Verified Statement or Exhibit A should be construed as a limitation upon, or waiver of, any rights of any member of the Ad Hoc Groups or the Second Lien Agent. The information contained herein is intended only to comply with Bankruptcy Rule 2019 and not for any other purpose. Counsel does not make any representation regarding the validity, amount, allowance, or priority of such economic interests and reserves all rights with respect thereto.
Counsel to the Ad Hoc Groups and Second Lien Agent can be reached at:
MORRIS, NICHOLS, ARSHT & TUNNELL LLP
Robert J. Dehney, Esq.
Matthew B. Harvey, Esq.
Eric W. Moats, Esq.
1201 N. Market St. 16th Floor
P.O. Box 1347
Wilmington, DE 19899-1347
Telephone: (302) 658-9200
Facsimile: (302) 658-3989
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WILLKIE FARR & GALLAGHER LLP
Jeffrey D. Pawlitz, Esq.
Andrew S. Mordkoff, Esq.
Derek M. Osei-Bonsu, Esq.
787 Seventh Avenue
New York, NY 10019-6099
Telephone: (212) 728-8000
Facsimile: (212) 728-8111
The Chapter 11 case is In re TNT Crane & Rigging, Inc., et al. (Banks. Del. Case No. 20-11982 (BLS)).