Al’s practice focuses on complex corporate reorganizations and restructuring. He has expertise in all areas of commercial, bankruptcy and creditors’ rights law. He has represented creditors (including a variety of financial institutions) and debtors in bankruptcy proceedings, commercial litigation and real estate foreclosures before both federal and state courts. He also has extensive experience in the negotiation and documentation of out-of-court workouts and commercial loan transactions.
Al is a frequent speaker on bankruptcy and is the author of numerous articles on bankruptcy-related topics.
Court Admissions — U.S. District Court, Western District of Michigan
U.S. District Court, District of Oregon
U.S. District Court, Western District of Washington
In re Americold Corporation — (Bankr. D. Or.) - Americold Corporation was the nation's largest supplier of refrigerated warehouse services to the frozen food industry. The company also provided transportation management services to frozen food manufacturers. Services were provided through a nationwide network of refrigerated warehouse facilities. Americold's revenues exceeded $200,000,000 annually and its total debt exceeded $470,000,000. Most of the debt was publicly-held. Tonkon represented Americold in its pre-packaged Chapter 11 case. The case was filed on May 8, 1995, and the Plan of Reorganization was confirmed on June 19, 1995.
In re Baldwin-United Corporation — (Bankr. S.D. Ohio) - Baldwin-United Corporation was a publicly-held diversified financial corporation with annual sales in excess of $3.5 billion. At the time its petition was filed, it was the largest bankruptcy in the history of the United States. Tonkon represented the petitioning creditors in that bankruptcy, and William F. Martson, Jr. subsequently served as co-chairman of the official unsecured creditors' committee.
In re Bay Club Partners-472, LLC — Bay Club Partners-472, LLC purchased and renovated a large residential apartment complex in Arizona. After suffering through a difficult real estate market and the inability to refinance, the company was represented by Tonkon Torp in its Chapter 11 bankruptcy case. The company's plan was confirmed over the aggressive opposition of the lender and the continuing opposition of one of its members, resulting in repayment of all of its creditors in full and distribution to all of its members.