Kurt Mayr is a nationally respected bankruptcy practitioner whose inventive thinking has driven several pioneering restructurings. Representing creditor groups and other clients in transactions and litigation both in and out of court, Kurt consistently displays the creativity, advocacy, and talent for consensus-building that have resolved multiple landmark restructurings.

Among his notable engagements, Kurt represented creditor groups in the groundbreaking workouts of two tribal-owned casinos. In several matters, he has conceived solutions to previously intractable negotiations, creating a path for other parties to follow. His analysis for a bondholder group helped break a years-long stalemate in the Commonwealth of Puerto Rico’s long-running bankruptcy proceedings, and his thinking has been highly influential in helping second lien investors navigate intercreditor agreements and maximize their recoveries.

Kurt represents creditors of all kinds in complex restructurings, including senior bank lenders, ad hoc noteholder groups, and official creditor committees. He also advises investment funds on restructuring and litigation strategies for distressed and special situation opportunities, and debtors in contested and litigated restructuring proceedings.

Before joining Glenn Agre Bergman & Fuentes, Kurt led the bankruptcy practices at Morgan Lewis & Bockius LLP and Bracewell LLP.

Kurt has represented:

  • QTCB Noteholder Group in the PROMESA proceedings regarding the $120 billion restructuring of the Commonwealth of Puerto Rico and its instrumentalities.
  • Investment funds in restructuring the debt of the Commonwealth of Puerto Rico and its agencies.
  • A Foxwoods Casino noteholder group in the groundbreaking $2.2 billion restructuring of the tribal-owned casino.
  • A Mohegan Sun Casino noteholder group in the three tranches of bonds in the $1.5 billion recapitalization of the tribal-owned casino.
  • A multibillion private equity fund regarding the out-of-court restructuring of a troubled portfolio company.
  • An investment fund on its proposed multibillion out-of-court restructuring.
  • A private equity advisor regarding the Chapter 11 reorganization of EXCO Resources, Inc., including significant litigation regarding pre-petition transactions by the official committee.
  • Optim Energy, LLC as debtor in Chapter 11 proceedings, including the successful 363 sale of the Twin Oaks Plant to a unit of The Blackstone Group and the confirmation of a plan of reorganization for the debtors’ remaining power generation business.
  • A major international bank as agent for a first lien facility, DIP facility, and exit financing in connection with the restructuring of more than $1.4 billion of debt in the Chapter 11 cases of Penn Virginia.
  • Warren Resources, Inc. as second lien lender in the Chapter 11 proceeding of Warren Resources, an oil and gas business with $550 million of funded debt.
  • The second lien lenders of CCS Medical, Dura Automotive Systems, and TOUSA Inc. in Chapter 11 proceedings.
  • Ahern Rentals, Inc. second lien noteholder group in Chapter 11 proceedings that resulted in a full recovery for the noteholders after the court agreed to terminate Ahern’s exclusive right to file a plan of reorganization.
  • Trico Marine Services, Inc. second lien noteholder group on notes issued by Trico in connection with its Chapter 11 cases.
  • A major international bank in connection with New York Yankees parking garage operations and financial restructuring.
  • Lawdragon, 500 Leading Global Bankruptcy & Restructuring Lawyers, 2020
  • Lawdragon, 500 Leading US Bankruptcy & Restructuring Lawyers, 2020-22
  • Legal 500, Recommended, Finance: Restructuring (including bankruptcy): Corporate, 2009, 2011, 2013-21
  • Legal 500, Recommended, Industry focus: Sport, 2020
  • IFLR1000 U.S., Highly Regarded, 2019
  • IFLR1000 Financial & Corporate Guide, Highly Regarded, Restructuring, 2019
  • Legal Media Group Expert’s Guide, Recognized, Insolvency and Restructuring, 2012
  • Turnaround & Workouts, Outstanding Young Restructuring Lawyer, 2008
  • Member, INSOL International
  • Member, American Bankruptcy Institute
  • Member, New York Bar Association
  • Committee Member, International Insolvency Institute

CREDENTIALS

  • Villanova University School of Law, J.D., summa cum laude, 1998
    • Villanova Law Review
  • University of Vermont, B.A., 1994

 

ADMISSIONS

  • State Bar of New York
  • State Bar of Connecticut
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the District of Connecticut
  • U.S. Court of Appeals for the First Circuit
  • U.S. Court of Appeals for the Fifth Circuit