
Trump Administration Executive Order (EO) Tracker
Richard L. Wynne
Partner Corporate & Finance
+1 310 785 4602Los Angeles
+1 212 918 3530New York
One Chambers USA Bankruptcy and Restructuring respondent said, “"It was hard to see a goal line rather than a direction; being able to maneuver through that complex process was one of the skills few lawyers have, and Richard is on that short list…He is an absolute master in what he does and provides excellent strategic advice…” Both company and creditor clients in Chambers have praised him as a 'fantastic' lawyer who 'does exceptionally well in court… Judges really respect him…”
After a decisive trial victory, SDNY Bankruptcy Judge Wiles ordered Netflix to pay Relativity Media $800,000 in attorneys fees overruling the objection that “Relativity should not be allowed to recover the cost of a Cadillac (or a Ferrari) if a Honda Civic would have done the job” by ruling that “A complicated, fast-paced ‘bet the company’ litigation requires counsel of higher caliber and expense than a routine case with little at stake. A party may not need a Ferrari to go to the corner grocery store, but winning a Grand Prix race is a different matter.”
Richard’s representations span a large variety of industries and positions. He is currently representing the City of Los Angeles in the pending Oceanwide Plaza (“Graffiti Towers”) case, the largest pending chapter 11 case in Los Angeles, a large REIT in renegotiating its secured working capital facility, the independent board of a diversified social media company engaged in a complex multi-party alternative restructuring as well as the independent directors of such chapter 11 debtors as the hedge fund Highland Capital.
Currently representing the City of Los Angeles in the Oceanwide Plaza “Graffiti Towers” case, the largest pending Chapter 11 case in Los Angeles.
Currently representing the independent board of a social media company in restructuring its secured and unsecured debt and major contractual obligations.
Currently representing REIT with US$500m of secured debt and over US$1.5bn in assets in negotiating a restructuring with its main working capital lender.
Currently representing independent directors for this large and diversified hedge fund that filed for chapter 11 in the Northern District of Texas, Dallas division.
Currently representing Gryphon Digital Mining, Inc. with respect to the chapter 11 case of Core Scientific, Inc and in ongoing District Court litigation with Sphere 3D Corp.
Represented Palisades Growth Capital in acting as DIP Lender and plan sponsor in the purchase of medical technology data service company Hart, Inc through a Chapter 11 plan sale.
Represented Conseco, Inc. in the then third largest U.S. bankruptcy filing, with reported assets of over US$60bn. Sold Conseco Finance and confirmed a Chapter 11 plan in nine months.*
Represented Fleming Companies Inc., the nation's largest distributor of consumable packaged goods, with sales of over US$17bn.
Represented Relativity Media in its 2015 SDNY Chapter 11 case, selling Relativity Television, confirming a plan of reorganization and restructuring approximately US$1bn in creditor claims.*
Represented American Apparel, Inc. as lead debtors' and trial counsel in its 2015 Chapter 11 case, confirming contested debt/equity conversion plan within initial exclusivity period.
Represented publicly traded “superbug” biotech company Achaogen Inc. in its Chapter 11 bankruptcy case, selling the company’s assets in a complex regulatory environment.
Represented All American Oil and Gas in its Chapter 11 bankruptcy filing and company sale, in the Bankruptcy Court for the Western District of Texas.
Represented Mattel in the Toys R Us Chapter 11 case, obtaining critical trade agreement of over US$100m as well as global settlement facilitating chapter 11 plan.
Represented FGIC, lending creditor owed over $2 Billion and committee chair in the ResCap Chapter 11 case, leading successful global settlement negotiations.
Represented 400 member committee of non-agent lenders owed US$4.3bn in senior secured debt by Adelphia Communications, obtained full recovery.
Represented the Official Committee of Unsecured Creditors of Wave, a Silicon Valley processor tech company. Pursuant to the confirmed plan, unsecured creditors received a 98% recovery.
Represented Synopsys in the AtopTech Chapter 11 case, obtaining full recovery on pre-petition judgment obtained by Synopsys as well as enforcement of permanent injunction binding on buyer.*
Represented Sprint Nextel Corp. with respect to the out-of-court restructuring and financing of its majority-owned subsidiary Clearwire Corp.
Represented Fox and Universal as rescue and DIP financiers to Rhythm & Hues, which filed for Chapter 11 just before winning an Oscar for Life of Pi.*
Represented Creditors Committee in Chapter 11 cases of major land developer Bruce Elieff and six entities, successfully subordinating claim of senior secured creditor under Bankruptcy Code § 510(b).
*Matter handled prior to joining Hogan Lovells.