Rick Hyman focuses his practice on bankruptcies and reorganizations. He primarily represents institutional creditors and lending groups in connection with their exposure in large and middle-market credit facilities. Rick has represented clients such as JPMorgan Chase, CIBC and other large banks and finance companies in many complex Chapter 11 reorganizations, out-of-court restructurings and recapitalizations, and debtor-in-possession and exit financings.
Rick has extensive experience representing agents and creditors in complex Chapter 11 bankruptcies, in matters such as the recent Chapter 11 cases of Ultra Petroleum Corp. and Midstates Petroleum Company, both E&P companies that filed bankrtupcy in Houston in 2016. He recently represented the largest lender to the Taiwanese shipping company, TMT Shipping, and was involved in the Chapter 11 cases of Lehman Brothers, Inc. and its affiliated debtors, Parking Company of America and Sentinel Management Group, Inc. In addition, he is representing the agent in connection with the OSX-2 Leasing credit facility.
Rick also has experience representing debtors and was involved in the firm’s representation of ATP Oil & Gas in its Chapter 11 case during which he negotiated the company’s debtor-in-possession financing facility. He also represented True Temper in its successful pre-packaged bankruptcy case. He frequently represents stalking-horse and other bidders in connection with the acquisition of distressed assets, both in and out of bankruptcy proceedings.
Rick joined Mayer Brown in 2001. Previously, he maintained active practices with three other major law firms.