Kenneth E. Noble

Kenneth E. Noble is National Co-Head of the firm's Bankruptcy and Creditors' Rights Practice. He concentrates his financial restructuring practice in representing foreign and domestic banks, financial institutions and creditor groups in connection with complex out-of-court workouts, civil litigation and bankruptcy proceedings. In addition to his extensive transactional experience, Mr. Noble has significant litigation experience in the defense and resolution of lender liability actions, bankruptcy avoidance actions and various related claims.

Mr. Noble is a member of the firm’s Executive Committee and its Board of Directors. He was listed in the 2011 New York Super Lawyers and profiled in the 2007–2012 editions of Who’s Who in American Law, the 2009–2011 editions of Who's Who in the World and the Legal 500 USA’s 2007 directory.

Mr. Noble’s representative restructuring experience includes:

• Represented administrative agent under $650 million credit facility in connection with out-of-court restructuring of Rockwood Ocean LLC, which owned and operated a portfolio of full service hotels on the East Coast.
• Represented administrative agent under $250 million credit facility in connection with out-of-court restructuring of MS Gaming, which owned and operated the Edgewater and Colorado Belle gaming resorts.
• Represented administrative agent under $150 million credit facility in connection with out-of-court restructuring of Gibson Guitar, which manufactured a premier line of instruments under various brands.
• Represented administrative agent under $125 million credit facility in connection with out-of-court restructuring of Empire Carpets, a home improvement and home furnishing company, specializing in installed carpet, flooring and window treatments.
• Represented steering committee member in connection with out-of-court restructuring of $7 billion credit facility to MGM Resorts International, which constituted the second-largest gaming company in the world.
• Represented steering committee member under $900 million credit facility in connection with Chapter 11 proceedings involving Station Casinos, which owned and operated a portfolio of 18 casinos and resorts.
• Represented steering committee member under $566 million credit in connection with Chapter 11 proceedings involving Sea Island Company, which owned and operated a luxury resort and golf vacation destination.
• Represented the administrative agent under a $2 billion credit facility in connection with Chapter 11 proceedings involving Adelphia and its affiliates, which constitute the sixth-largest provider of cable television services in North America.
• Represented the administrative agent under a $750 million credit facility in connection with Chapter 11 proceeding involving Spiegel and its affiliates, a leading international general merchandise and specialty retailer.
• Represented the administrative agent under a $300 million (Cdn.) credit facility in connection with pending Chapter 11 proceedings involving Slater Steel and its affiliates, which constituted one of the largest specialty steel processors in North America.
• Represented the administrative agent under a $60 million credit facility in connection with an out-of-court restructuring of Beacon Industries, an international manufacturer of metalworking and metal fabrication equipment.
• Represented the administrative agent under a $120 million credit facility in connection with the out-of-court exchange offer and recapitalization of Weigh-Tronix and its domestic and foreign subsidiaries, a leading international manufacturer, marketer and servicer of industrial and food retail weighing systems.
• Represented the administrative agent under a $133 million credit facility in connection with workout negotiations and confirmation of a pre-arranged Chapter 11 plan of reorganization of Metrocall, the second-largest provider of paging and related wireless messaging in North America.
• Represented the administrative agent under a $310 million credit facility in connection with a Chapter 11 sale pursuant to a plan of reorganization of Benedek Broadcasting, which owned and operated various television stations.
• Represented the administrative agent under a $120 million credit facility in connection with a stock foreclosure and out-of-court liquidation of Duro Communications, which provided dial-up Internet access.
• Represented the administrative agent under a $55 million credit facility in connection with an out-of-court restructuring of Monona Wire and its domestic and foreign subsidiaries, which manufacture electrical wire harnesses and related subassemblies.
• Represented the administrative agent under a $50 million credit facility in connection with a stock foreclosure and out-of-court restructuring of Vision Twenty-One, which was a publicly owned vision health care company.
• Represented the administrative agent under a $68 million credit facility in connection with an out-of-court liquidation of FlexTek, which was engaged in the business of sheet metal fabrication and stamping.
• Represented the administrative agent under a $200 million credit facility in connection with restructuring negotiations and the subsequent Chapter 7 liquidation of TSR Wireless, which was the fourth-largest provider of paging and other wireless messaging and related services in North America.

Bi-Lateral Loans

• Represented lender under $750 million credit facility in connection with out-of-court restructuring of M Resort Spa Casino Las Vegas, a luxury boutique hotel and casino. Finalist for the 2011 ACG Art of the Deal Award.
• Represented lender under $265 million of loan, lease and construction facilities in connection with equity enforcement and out-of-court restructuring for Muvico Entertainment, a chain of premium, megaplex motion picture theaters.
• Represented lender under a $25 million credit facility in connection with out-of-court restructuring of Six Sigma Qualtec, a provider of quality control services.

Creditors' Committees

• Represented the Official Unsecured Creditors’ Committee of Old UGC, Inc., with $1.5 billion in public bonds outstanding and the owner of Chile's largest multi-channel television and high-speed Internet provider and Australia's second-largest subscription television operator.
• Represented the Official Unsecured Creditors' Committee of Midcom Communications, a major provider of telecommunications services.
• Represented the Official Bank Creditors’ Committee of Handy Andy Home Improvement Centers, Inc., a major regional hardware company.
• Represented the Official Unsecured Creditors’ Committee of Highland Superstores, Inc., a major electronics retailer.

Debtors

• Represented City of East St. Louis in connection with Chapter 9 analysis and out-of-court restructuring negotiations.
• Represented assignee of Case Construction in connection with assignment for the benefit of creditors.

Education and Bar Admissions

Mr. Noble earned his Juris Doctor, summa cum laude, from the University of Illinois College of Law in 1991, where he served on the University of Illinois Law Review and received numerous awards and honors. He is licensed to practice in New York and Illinois and admitted as a non-practicing solicitor in England and Wales. He is also admitted to practice before the U.S. Supreme Court, the U.S. Courts of Appeal for the Seventh and Sixth Circuits and the U.S. District Courts for the Southern District of New York, the Northern District of Illinois, the Eastern District of Michigan, the Northern District of Ohio, the Western District of Wisconsin and the Northern District of Indiana.

Professional Activities

Kenneth Noble is a frequent and sought-after lecturer on hot and emerging bankruptcy and restructuring issues. He has also authored numerous articles and publications in the areas of bankruptcy and financial restructuring, including Bankruptcy: A Survival Guide for Lenders (published by the American Bankruptcy Institute) and Lender Liability (published by Norton Bankruptcy Law and Practice).