Andrew J. Currie

Partner
Currie Andrew
Andrew Currie concentrates his practice on debt restructuring, reorganizations, insolvency, general bankruptcy matters, and transactional work in both out-of-court and in-court matters. Andrew represents commercial debtors, creditors' committees, and individual unsecured and secured creditors before U.S. federal, state, and bankruptcy courts. Andrew negotiates, structures, and closes multi-million-dollar-plus, debtor-in-possession (DIP) financing and cash collateral transactions on behalf of major lenders and debtors, across various industries. He has been instrumental in liquidating and reorganizing middle-market companies and organizations with more than $1 billion in outstanding debt.

Andrew advises landlords, manages distressed investments, and conducts contested 363 sales and going-out-of-business sales. He has negotiated multiple asset sales and plans inside and outside of bankruptcy court. Andrew pursues known and unknown assets in remnant deals; negotiates, reconciles, and objects to claims; litigates preference demands; and manages out-of-court assignments, for the benefit of creditors.

Experience

Representative Matters

  • Serves as counsel to the unitholder committee for Woodbridge Group
  • Serves as debtors' counsel for Advance Watch Company, Ltd.
  • Represented servicer in connection with an insurance company liquidation
  • Completed an out-of-court restructuring for a middle-market government contractor in the healthcare area
  • Worked with several creditors and swap participants owed more than $1 billion in the bankruptcy cases of Lehman Brothers Holdings Inc. and Lehman Brothers OTC Derivatives Inc.
  • Defended and prosecuted fraudulent conveyance actions in Chapter 11 and Chapter 7 cases
  • Negotiated and obtained approval for DIP financing, with loan sizes ranging from $3 million to more than $500 million
  • Handled restructuring for a $60 million investment management company with private equity, leveraged buyouts (LBOs) and venture funds, and fund of funds
  • Assisted in preparing briefs in Lamie v. US Trustee at the United States Supreme Court
  • Represented an investment fund managing its distressed investments
  • Handled liquidating or restructuring companies of various sizes, from $10 million to more than $1 billion in debt
  • Prepared and negotiated plans of reorganization and liquidation
  • Conducted contested 363 sales and going-out-of-business sales for retail, real estate, and other businesses
  • Served as counsel to creditors in the steel and automotive industries
  • Advised and negotiated deals in New York and Delaware, for both buyers and sellers of assets, and for businesses in and outside of bankruptcy court
  • Negotiated and pursued known and unknown assets in so-called remnant deals
  • Prepared and negotiated DIP financing and cash collateral agreements
  • Negotiated, reconciled, and objected to more than 7,000 claims
  • Litigated more than 2,000 preference demands, including more than $100 million in preference actions against critical vendors
  • Handled out-of-court restructuring and assignments, for the benefit of creditors
  • Counsel to significant investors in MS Grand, Inc.
  • Served as co-committee counsel for School Specialty, Inc.
  • Former debtors' counsel to Iridium LLC
  • Acted as debtors' counsel to:
    • Smitty's Building Supply Incorporated
    • U.S. Office Products
    • Nation's Capital Child and Family Development
  • Counsel for asset purchasers, creditors, landlords, and utilities in:
    • Bertucci's
    • Verso Paper
    • USA Living
    • USA Discounters
    • WP Steel Venture LLC
  • Counsel to various liquidating trusts, secured and unsecured creditors, lenders, bondholders, purchasers of assets, financial advisors, and interested parties in Chapter 11 cases, such as:
    • Bearing Point, Inc.
    • RadioShack
    • Fisker Automotive
    • RG Steel
    • Lehman Brothers
    • A&P
    • Grubb & Ellis
    • Blockbuster
    • River Road Hotel Partners
    • Tweeter, Budget Group, Inc.
    • Exide Corp.
    • LTV Steel Company
    • Bethlehem Steel Corp.
    • Federal-Mogul Global
    • HomeLife Corporation
    • National Steel Corporation
    • Hayes Lemmerz International, Inc.

Insights

Credentials
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Education

  • J.D. magna cum laude Michigan State University-Detroit College of Law 1996
  • B.A. University of Michigan 1992

Bar Admissions

  • District of Columbia
  • Maryland
  • Michigan

Court Admissions

  • U.S. Court of Appeals for the Fourth Circuit
  • U.S. Court of Appeals for the Seventh Circuit

Professional Memberships and Activities

  • Member, American Bar Association
  • Ambassador, American Bankruptcy Institute
  • Member, Turnaround Management Association
  • Featured speaker, Financial Poise
  • Featured speaker and panelist, Norton Institutes on Bankruptcy Law
  • Guest lecturer, Bankruptcy and Restructuring, Georgetown University's McDonough School of Business
  • Contributing editor, Norton Bankruptcy Law and Practice, Commercial Bankruptcy Litigation, 2010
  • Chapter author, Inside the Minds: Creditors' Rights in Chapter 11 Cases, 2011
  • Advisory board member, DailyDAC

Community
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Volunteerism

  • Counsel to the board of directors, March of Dimes, Maryland–National Capital Area Chapter