Since beginning her practice in 1983, Ms. Darcey has had high-level and varied experience representing debtors, secured and unsecured creditors, indenture trustees, and bondholders in out-of-court workouts, liquidations, creditor assignments and Chapter 11 proceedings. Ms. Darcey also advises clients acquiring assets out of bankruptcy, structuring transactions, litigation and other strategic alternatives involving high-yield or defaulted securities, and rights of licensors and licensees of intellectual property in bankruptcy.
Ms. Darcey lectures often on bankruptcy issues – most recently in October 2009, at the National Conference of Bankruptcy Judges on "Employee Issues in Bankruptcy," and in February 2009, for the ABI, on claims trading in bankruptcy. Ms. Darcey has also lectured and moderated panels for the World Law Group, the Boston Bar Association, Massachusetts Continuing Legal Education, The American Bankruptcy Institute/Northeast Bankruptcy Conference, and the International Women’s Insolvency & Restructuring Confederation.
Ms. Darcey served as the chair of the Corporate Restructuring and Bankruptcy Practice Group of the World Law Group for 2008 and 2009 and currently serves as co-chair of the CLE committee for the Bankruptcy Section of the Boston Bar Association. She serves on the BBA"s Task Force on Financial Literacy, a joint undertaking by local area lawyers and bankruptcy judges to teach credit responsibility to high school students.
Court Admissions — U.S. District Court, District of Massachusetts
U.S. Court of Appeals for the First Circuit
U.S. Court of Appeals for the Fifth Circuit
Representation of indenture trustee in Chapter 15 case involving Vitro S.A.B. de C.V. and Vitro Packaging, and their concurrent concurso mercantiles proceedings pending in Monterrey, Mexico, including successfully contesting enforcement of foreign plan at the Bankruptcy Court and in the Fifth Circuit Court of Appeals
Representation of indenture trustees and/or collateral agents in the Chapter 11 proceedings of Lehman Brothers, Station Casinos, Merisant, Visteon, Movie Gallery, House2Home, Peregrine Systems, Service Merchandise, Pillowtex Fieldcrest Cannon, Fruit of the Loom, Ames Department Stores, Casual Male, Converse, Stage Stores, Sterling Chemicals, Homeland Stores, Bradlees, Acme Metals and Costilla Energy
Representation of debtors in Chapter 11 proceedings in Boston, including the representation of a large, multiple-location restaurant franchisee in Chapter 11; Representation of debtor entity in out-of-court wind-down and the argument for benefit of creditor
Representation of an international non-debtor subsidiary in Chapter 11 proceedings of ultimate corporate parent to protect rights of non-debtor subsidiary to intellectual property assets
Representation of secured creditors in leveraged lease financing transactions in the Chapter 11 proceedings of Heck's, Hechinger, Color Tile and Montgomery Ward, including defense of recharacterization litigation involving sale-leaseback transactions