Jenner & Block

Firm Represents Pac-West Telecomm, Inc. in its Successful Reorganization

Jenner & Block represented Pac-West Telecomm, Inc. in the company’s successful reorganization and emergence from Chapter 11 bankruptcy.  In a November 19 hearing, the U.S. Bankruptcy Court for the District of Delaware confirmed Pac-West Telecomm, Inc.'s Chapter 11 plan. 

Under the plan, Pac-West exited Chapter 11 bankruptcy protection on November 30 with Pac-West Acquisition Company LLC, an affiliate of private equity firm Columbia Ventures Corp., as its new owner.  Among other things, during its Chapter 11 proceedings, the wholesale provider of telecommunication service infrastructure restructured its balance sheet, shut down its telecommunications network and discontinued operations in 24 eastern states and the District of Columbia, groomed the remainder of its telecommunications network to reduce its operating costs, and consummated the strategic sales of several facilities.  The company reorganized around its West Coast telecommunications network and business.

Led by Partner Michael S. Terrien, the Jenner & Block team that successfully reorganized Pac-West included members of the Firm’s Bankruptcy, Workout and Corporate Reorganization Practice, its Litigation Department, and its Corporate, Corporate Finance, Labor and Employment, Securities and Tax Practices.  In addition to Mr. Terrien, the team was comprised of Partners Geoffrey M. Davis, Jerry L. Switzer Jr., Anthony C. Porcelli, Edward J. Neveril, Elizabeth A. Davidson, Michael T. Wolf and Terence G. Banich, Of Counsels Darren M. Mungerson and Lisa M. Eddington, and Associates Melissa M. Hinds, Thomas P. Monroe, Christine L. Childers, Nada Djordjevic, Wendy L. Fritz, Kathleen A. Hanley, Phillip W. Nelson, Mercedes M. Davis, Alexandra E. Dowling and Michael J. Kelly.