Rich’s practice focuses on restructuring and creditors’ rights, including representing ad hoc committees in Chapter 11 cases. 

Prior to joining Glenn Agre Bergman & Fuentes, Rich was an associate at Paul, Weiss, Rifkind, Wharton & Garrison and Skadden, Arps, Slate, Meagher & Flom, and a legislative director for the Texas House of Representatives.

Rich has represented:

  • The ad hoc committee of shareholders of Hertz Global, Inc., in its Chapter 11 cases. Glenn Agre structured a winning bid for a group of investors in collaboration with Knighthead Capital Management and Certares Management LLC that valued Hertz at $7 billion, offered it a path out of Chapter 11, and gave shareholders what was once thought impossible: $8 per share, marking a positive return on any stock bought after the company’s bankruptcy filing.
  • The Official Committee of Equity Securities Holders of Garrett Motion Inc., a manufacturer of turbochargers, in its Chapter 11 cases. Glenn Agre, on behalf of the equity committee, objected to the debtors’ proposed Chapter 11 plan, which would have left minority shareholders with nearly worthless stock subordinated to billions in obligations to other shareholders. The equity committee’s efforts to guaranty equal treatment to all shareholders resulted in a mediation that led to the negotiation of a consensual Chapter 11 plan, giving minority shareholders significantly enhanced recoveries in the form of the right to receive convertible preferred stock or a cash payout.
  • Ambac Assurance Corporation, a financial guarantee insurance company, in connection with Puerto Rico’s restructuring proceeding under Title III.
  • An ad hoc group of shareholders of LATAM Airlines in its Chapter 11 cases, including large U.S.-based investors and Chilean shareholders.
  • An ad hoc group of unsecured claimholders of Grupo Aeroméxico as conflicts counsel.
  • An ad hoc committee in a Chapter 11 case filed by Halcon Resources Corp., an energy company.
  • An ad hoc committee in a Chapter 11 case filed by LSC Communications Inc., a commercial printing company.
  • An ad hoc committee in a Chapter 11 case filed by SAExploration Holdings, Inc., a seismic data company.
  • The debtors in a Chapter 11 case filed by Bumble Bee Foods, a food manufacturer.
  • The debtors in a Chapter 11 case filed by Diamond Offshore Drilling, Inc., an oil and gas company.
  • An agent and lender in a Chapter 11 case filed by NPC International, a restaurant franchisee.
  • A purchaser in its acquisition of the reverse mortgage business of Ditech Holding Corp. pursuant to a Chapter 11 plan of reorganization.
  • A purchaser in its post-emergence acquisition of Skillsoft Corporation, a technology company.
  • An equity holder in the out-of-court restructuring of a clothing retailer.
  • A Chapter 11 trustee in a Chapter 11 case filed by CFG Peru Investments Pte. Ltd., an international fishing company.
  • A member of an official committee of unsecured creditors in a Chapter 11 case filed by RGN-Group Holdings, LLC, a shared working space business. 
  • 3rd Decision Casts Doubt on Gifts to Individual Class Members, Turnarounds & Workouts (September 2021) Read here.

CREDENTIALS

  • Harvard Law School, J.D., 2017
    • The Harvard Latino Law Review, editor-in-chief
  • Brown University, magna cum laude, B.A., 2012
  • Law clerk for the U.S. Senate Committee on the Judiciary, 2015

ADMISSIONS

  • State Bar of New York
  • U.S. District Court for the Southern District of New York