Klee, Tuchin, Bogdanoff & Stern LLP
    1999 Avenue of the Stars
    Thirty-Ninth Floor
    Los Angeles, California 90067-6049
    310.407.4000
    310.407.9090 fax

    Disclaimer

Bankruptcy and Commercial Litigation

Adelphia Communications Corporation Unsecured Creditors’ Committee: KTBS presently serves as special counsel to the official unsecured creditors’ committee in this case, prosecuting potential claims relating to approximately $13 billion in secured and unsecured debt.

Brobeck Phleger & Harrison LLP Former Partners: KTBS represented approximately 125 former partners of Brobeck in connection with disputes relating to that firm's chapter 7 bankruptcy.

CHF Capital Partners: KTBS successfully defended CHF against claims of more than $100 million relating to the leveraged buyout and subsequent chapter 11 of Burke Industries.

Enron: KTBS served as lead counsel for the Enron estate in the so-called “Mega Claims” litigation against Citigroup, Deutsche Bank and various related parties. This litigation was resolved successfully, following the defeat of motions to withdraw the reference, and resulted in the recovery by the estate of almost $1.7 billion in cash and waivers of in excess of $4.5 billion in claims.

Florida Power & Light: KTBS successfully prosecuted litigation on behalf of FP&L and affiliates, relating to their ownership of numerous generating facilities, in connection with the Pacific Gas & Electric chapter 11 case and the related problems of Southern California Edison.

Iridium Official Unsecured Creditors' Committee: KTBS served as special litigation counsel to investigate and prosecute claims against Iridium's lenders; successfully negotiated a settlemen that produced in excess of $50 million for unsecured creditors.

Levine Leichtman Capital Partners: KTBS represented and successfully resolved litigation against LLCP relating to the Chorus Line and Carole Little chapter 11 cases.

National Century Financial Enterprises Creditors: KTBS served as special counsel to Official Subcommittee of NPF XII Noteholders concerning notes totaling over $2 billion, and achieved a favorable settlement. The firm currently serves as special counsel to a trust set up under the plan pursuing a preference recovery of $75 million against one of NCFE’s investment banks.

Paramount Studios/Viacom: KTBS has represented and continues to represent Paramount and Viacom in litigation relating to the Valley Media and Heritage Networks chapter 11 cases.

Pioneer Electronics (USA), Inc.: KTBS has represented Pioneer in connection with preference, fraudulent transfer and franchise termination litigation in numerous chapter 11 cases, including Druckers, Valley Media, Carter Hawley Hale, Ames Department Stores, Poplar Place Stereo and Highland Superstores.

Quokka Sports, Inc.: KTBS represented an unofficial committee of the 7% Convertible Promissory Notes in this chapter 11 case and successfully settled, under a plan of reorganization, preference and other potential claims against the holders of the Notes totaling at least $12 million. The settlement provided for a full release of claims without any payment by noteholders, plus reimbursement of a substantial portion of the fees incurred by the firm in connection with the case.

TCW: KTBS represents TCW in connection with litigation filed by the Brill Media chapter 11 estate against it.