Melissa A. Hager has 25 years of diverse experience advising a wide array of clients in complex business reorganizations, debt restructurings, asset sales, and insolvency matters throughout the country. Ms. Hager regularly represents official and ad hoc creditors’ committees, debtors, secured creditors and financial institutions in numerous industry sectors including financial services, real estate and real estate development, mortgage servicing, hospitality and lodging, energy, telecommunications, healthcare, and retail. Her extensive experience also includes representation of bankruptcy examiners, bankruptcy trustees, liquidating trustees, and other post-confirmation creditor fiduciaries.
Ms. Hager is an active member of the business restructuring community. She serves as the U.S. Regional Director of the International Women’s Insolvency & Restructuring Confederation (IWIRC), is a board member of WorkOUT professionals, and serves on the Advisory Board for Thomson Reuters Practical Law Bankruptcy Service. She has been rated AV preeminent by her peers in the Martindale-Hubbell Peer Review Ratings and has been recognized by Legal 500 US (2015) in the area of corporate restructuring.
Ms. Hager received her B.A., cum laude, from Providence College and her J.D., magna cum laude, from Quinnipiac School of Law in Hamden, CT, where she was an editor of the Law Review.
In re Sungevity, Inc., et al.(Bankr. D. Del.) Counsel to Sungevity, Inc. and its affiliates in their chapter 11 cases. Prior to its 363 sale, Sungevity was one of the largest private residential solar installation companies in the United States. Sungevity filed for chapter 11 with approximately $185 million in prepetition debt, including funded debt, trade debt, and potential employee related claims.
In re UCI International, LLC, et al.(Bankr. Del.) Counsel to the official committee of unsecured creditors of UCI International, one of North America's largest manufacturers of automotive replacement parts.
In re Peabody Energy, Inc., et al.(Bankr. E.D. Mo.) Counsel to the official committee of unsecured creditors of Peabody Energy, the world’s largest privately owned coal producer, and 153 of its subsidiaries, which collectively held $10.1 billion in prepetition debt.
In re HOVENSA LLC(Bankr. D.V.I.) Counsel to HOVENSA LLC, once owner of one of the ten largest oil refineries in the world, in its chapter 11 case. At the time of its bankruptcy filing, HOVENSA had approximately $2 billion of prepetition indebtedness, exclusive of significant legacy liabilities primarily in the form of environmental obligations, pension obligations, and retiree benefits.
In re Energy Future Holdings Corp., et al.(Bankr. D. Del.) Counsel to the official committee of TCEH unsecured creditors in the chapter 11 cases of Texas power company Energy Future Holdings Corp. and its affiliates, which filed for bankruptcy in April 2014. This is the 10th largest bankruptcy in U.S. history with the debtors holding approximately $40 billion in debt.
MF Global Holdings Ltd.(Bankr. S.D.N.Y.) Counsel to Louis J. Freeh, former Federal Judge and former Director of the Federal Bureau of Investigation, as chapter 11 trustee for MF Global in its chapter 11 bankruptcy proceeding. With $41 billion in assets at the time of filing, MF Global was the largest bankruptcy filing of 2011 and the eighth-largest in U.S. history. This case involves a wind-down of an extremely complex global operation and the realization of value from various entities in the MF Global Group, many of which are in their own administration or liquidation proceedings domestically and internationally.
In re Global Aviation Holdings Inc., et al.Representation of the official committee of unsecured creditors in the chapter 11 cases of In re Global Aviation Holdings Inc., et al.
In re Fairfield Residential LLC, et al.(Bankr. D. Del.) Represented the official committee of unsecured creditors of Fairfield Residential LLC, a large multi-family and low income housing developer and property manager, in its chapter 11 reorganization. Currently represent the FFR Trust, the liquidating trust that was formed post-petition to liquidate the debtors’ remaining assets, resolve claims, and facilitate distributions to creditors.
In re Extended Stay Inc., et al.(Bankr. S.D.N.Y.) Representation of the largest creditor in Extended Stay Inc.’s chapter 11 bankruptcy case, with over $1.5 billion of exposure. Lead counsel for a group of mezzanine lenders owing $3.3 billion by the debtors in the case, seeking and winning dismissal of a lawsuit brought by the litigation trustee. Extended Stay is the largest bankruptcy filing in the history of the hospitality industry with nearly $8 billion in debt.
In re Tricom, S.A. Represented Tricom, S.A., and its affiliates in their Chapter 11 proceedings, which involved the restructuring of more than $700 million. The case represented the first effort to reorganize a public Dominican Republic corporation under Chapter 11 of the U.S. Bankruptcy Code.
Residential Capital, LLC(Bankr. S.D.N.Y.) Acted as counsel to Residential Capital and its affiliates, comprising one of the largest residential real estate finance companies at the time of its chapter 11 filing, with assets and liabilities each in excess of $15 billion. The debtors’ business was comprised primarily of loan servicing and origination. Residential Capital was the largest bankruptcy filing of 2012 and the case represents the first time ever that a mortgage servicer was able to successfully continue servicing and originating mortgages in bankruptcy and be sold as a going concern.
Ms. Hager’s peers rate her AV Preeminent in The Martindale-Hubbell Peer Review Ratings. Ms. Hager has been recommended by Legal 500 US (2015) in the area of corporate restructuring.
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