Kelley Drye Represents Creditors In Chapter 11

Tuesday, October 16, 2012 - 13:35

October 12, 2012 –  Kelley Drye has been retained as counsel to the Official Committee of Unsecured Creditors of Dickinson Theatres, Inc.  Based in Overland Park, Kansas, Dickinson Theatres operates 18 movie theatres with 210 screens across 7 states throughout Mid-America.

Dickinson Theatres filed a petition under Chapter 11 of the Bankruptcy Code on September 21, 2012, in the United States Bankruptcy Court for the District of Kansas.  At its first meeting on October 4, 2012, the six-member committee selected Kelley Drye as its bankruptcy counsel.

Dickinson Theatres entered Chapter 11 to reject certain burdensome executory contracts and unexpired leases with the intention of reorganizing its operations and exiting bankruptcy before the end of 2012.  Kelley Drye is working with Dickinson Theatres and its secured lenders to negotiate modifications to Dickinson Theatres’ proposed plan of reorganization to maximize value for unsecured creditors.

The Kelley Drye team is led by partner Eric R. Wilson and includes associates Benjamin Blaustein and Jennifer D. Raviele.

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On October 3, the South Asian Bar Association (SABANY) presented its Corporate Leadership Award to Kelley Drye & Warren LLP partner Talat Ansari, the chair of the firm’s India practice group. The dinner and award ceremony was held at the Tribeca Rooftop in New York City.

The SABANY Leadership Awards program annually recognizes the efforts of South Asian individuals who are making their mark by demonstrating leadership within their profession and to their community. Mr. Ansari was selected for this honor for steadfastly providing excellent legal services for nearly four decades, representing India-based industrial, servicing and trading companies and a large base of U.S. industrial and financial clients on Indian law. His commitment to legal representation of corporate clients in an India-focused practice has substantially benefited companies and contributed to the advancement of businesses in Southeast Asia.

SABANY noted in its awards program that Mr. Ansari represents clients in corporate and commercial transactions, infrastructure projects, and international litigation and arbitration. Mr. Ansari’s practice includes general corporate, finance and commercial issues, mergers and acquisitions, and trade regulation matters. He also represents clients in international litigation and arbitration involving Indian laws, regulations, policies and practices, including general corporate laws, banking, direct and indirect taxes, arbitration, foreign exchange regulations and foreign direct investment. SABANY also highlighted Mr. Ansari’s experience in negotiating and structuring joint ventures, technology transfer and shareholder agreements; corporate restructuring; tax issues; the international bid process; financing and development of energy, telecommunications and other infrastructure projects; and litigation and arbitration.