Gregory M.Gordon (Greg)

Partner

Dallas + 1.214.969.3759

Greg Gordon represents clients in complex, high-profile chapter 11 cases and corporate restructurings. His experience includes out-of-court restructurings, prepackaged bankruptcies, distressed M&A transactions, and cross-border insolvencies. In recent years, Greg has assisted clients in achieving permanent resolutions of mass tort liabilities, including asbestos and talc liabilities.

Greg represented RadioShack in its successful chapter 11 reorganization, including in connection with a going concern sale of a substantial portion of RadioShack's business following a contentious auction and sale hearing, and Bondex and Specialty Products in their successful section 524(g) chapter 11 reorganization that resolved their asbestos liabilities. Greg also represented the owners of the Vogtle nuclear plant in Westinghouse's chapter 11 case, which resulted in a full recovery on their approximate $3.7 billion dollar claim. He is currently representing LTL Management, an affiliate of Johnson & Johnson, in a chapter 11 case it filed to resolve its talc liability, and is representing Bestwall, an affiliate of Georgia-Pacific, and DBMP, an affiliate of CertainTeed, in chapter 11 cases they filed to resolve their asbestos liabilities. Greg is also representing Hanson Permanente Cement and Kaiser Gypsum in chapter 11 cases they filed to resolve asbestos and environmental liabilities. Other significant engagements include the successful chapter 11 reorganizations of Swift Energy, achieved in less than four months through a prepackaged plan of reorganization, and Kaiser Aluminum, which included successful restructurings of pension, retiree medical, environmental, and asbestos liabilities.

Greg is a Fellow in the American College of Bankruptcy.

Experiência

  • Kaiser Gypsum and Hanson Permanente argue before U.S. Supreme Court that insurer without legal interest in bankruptcy estate lacks right to challenge reorganization planOn behalf of the Kaiser Gypsum Company and Hanson Permanente Cement, Jones Day urged the U.S. Supreme Court to uphold a Fourth Circuit decision making clear that an insurer lacks the right to challenge a reorganization plan that leaves its legal rights in the same place as they were before the bankruptcy.
  • Bestwall obtains reversal of collateral attack on bankruptcy court subpoenasJones Day represented Bestwall, LLC, a Georgia-Pacific affiliate, in successfully opposing a collateral attack by asbestos tort claimants and trusts on subpoenas issued in Bestwall’s ongoing Chapter 11 bankruptcy case in the Western District of North Carolina.
  • LTL Management, a Johnson & Johnson affiliate, files for chapter 11 to equitably and permanently resolve all current and future talc-related claims against itJones Day represents LTL Management LLC in its chapter 11 bankruptcy case filed October 14, 2021 in the Western District of North Carolina.
  • Georgia-Pacific completes offering of $2.5 billion Senior NotesJones Day represented Georgia-Pacific LLC, a subsidiary of Koch Industries, Inc., in connection with its Rule 144A and Regulation S offering of $900 million aggregate principal amount of 1.750% Senior Notes due 2025, $600 million aggregate principal amount of 2.100% Senior Notes due 2027, and $1.0 billion aggregate principal amount of 2.300% Senior Notes due 2030.
  • Kaiser Gypsum and Hanson Permanente Cement file chapter 11 to permanently resolve asbestos claimsJones Day is representing Kaiser Gypsum Company and Hanson Permanente Cement in their chapter 11 cases.
  • The Southern Company, Kinder Morgan finalize Southern Natural Gas pipeline strategic ventureJones Day advised The Southern Company ("Southern") in its acquisition from Kinder Morgan of a 50 percent equity interest in the 7,600-mile Southern Natural Gas ("SNG") pipeline system.
  • Swift Energy emerges from bankruptcyJones Day represented Swift Energy and eight of its subsidiaries in chapter 11 cases that were commenced on December 31, 2015 due to the significant reduction in oil and gas prices the entire industry was facing at the time.
  • Swift Energy sells shares of company’s holdings in South Bearhead Creek Field and Burr Ferry Field areas to Texegy LLCJones Day represented Swift Energy Company in the sale of a 75 percent share of the company’s holdings in the South Bearhead Creek Field and Burr Ferry Field areas, located in Central Louisiana, to Texegy LLC.
  • RadioShack successfully navigates contentious bankruptcy saleJones Day represented RadioShack Corporation, the century old, iconic American retailer as lead restructuring counsel in chapter 11 cases filed in Delaware bankruptcy court on February 5, 2015.
  • W. R. Grace & Co. defends patent infringement claimsJones Day represented W. R. Grace & Co. – Conn. in a patent case pending in the United States District Court for the Eastern District of Texas.
  • RadioShack sells Latin American business at auctionJones Day represented RadioShack in connection with the sale of its Latin American business to Regal Forest Holdings.
  • RadioShack sells Mexican business to Office DepotJones Day represented RadioShack in connection with the $32 million sale of its Mexican business to Office Depot de Mexico SA de CV.
  • RadioShack sells prepaid phones to Quality One WirelessJones Day represented RadioShack in connection with the sale of prepaid mobile phones to Quality One Wireless, LLC, which had also purchased handsets and accessories.
  • RadioShack obtains $285 million DIP facilityJones Day represented RadioShack Corporation, a leading national retailer of innovative mobile technology products and services, and its domestic subsidiaries in connection with their $285 million senior secured super priority debtor-in-possession credit facility.
  • NTR Metals purchases substantially all assets of Mulligan MintJones Day represented NTR Metals, LLC in connection with its acquisition of substantially all the assets of Mulligan Mint, Inc., a U.S. chapter 11 debtor whose bankruptcy proceeding was filed in Dallas.
  • Arctic Glacier sells business and assets to affiliates of H.I.G. Capital for approximately $435 millionJones Day represented Arctic Glacier International, Inc. and its affiliates as U.S. counsel in their sale of substantially all their respective assets to affiliates of H.I.G. Capital for $434.5 million subject to adjustment under the asset purchase agreement.
  • Patriarch Partners acquires assets of Hussey Copper for $107.8 millionJones Day advised Patriarch Partners, LLC in connection with its approximately $107.8 million (subject to adjustment) acquisition of the assets of Hussey Copper, Ltd., a global leader in copper bus bar and other copper product manufacturing.
  • Patriarch Partners acquires Gorham paper millJones Day provided advice to Patriarch Partners, LLC in connection with its acquisition of the Gorham paper mill in Gorham, New Hampshire.
  • Specialty Products and Bondex International seek bankruptcy protectionJones Day represents Specialty Products Holding Corp. and Bondex International, Inc. in their chapter 11 cases, which were commenced in the United States Bankruptcy Court for the District of Delaware on May 31, 2010.
  • Lehman Brothers Holdings seeks recovery of undisclosed asset value transferred in bankruptcy sale of broker dealerJones Day represents Lehman Brothers Holdings Inc. in an action to recover assets transferred to Barclays Capital Inc. when Barclays purchased the Lehman broker dealer business shortly after Lehman's bankruptcy filing in September 2008.
    • June 2008
      Judge Holds Bankruptcy Code Trumps Pension Legislation, Texas Lawyer podcast
    • April 2008
      The § 1146(a) Tax Exemption and Pre-confirmation Asset Sales, Texas Lawyer podcast
    • February 2008
      Present Value Discounting of Claims in Bankruptcy, Norton Journal of Bankruptcy Law and Practice
    • August 2007
      Second-Lien Financing, the Next Wave of Bankruptcies and Intercreditor Agreements, Texas Lawyer podcast
    • June 2007
      The Zone of Insolvency: Directors, Creditors and Fiduciary Duties, Texas Lawyer podcast
    • May 2007
      Contract-Based Claims for Post-Petition Attorneys' Fees, Texas Lawyer podcast
    • March 2007
      Cause of Action for Deepening Insolvency, Texas Lawyer podcast
    • January/February 2007
      Code Limits Incentives for Top Talent, Executive Legal Adviser
    • February 2007
      A Loan or an Investment? Recharacterizing Debt as Equity, Texas Lawyer podcast
    • December 2006
      Surprising Findings on Pace of Bankruptcy and Creditor Recovery, Texas Lawyer, podcast
    • October 2006
      Retaining Key Employees in Bankruptcy, Texas Lawyer
    • October 2006
      When Bankruptcy Courts Can Refuse to Enforce Arbitration Agreements, Texas Lawyer podcast
    • October 2006
      When the Dust Settles, The Deal
    • September 2006
      Innovative Approaches to Complex Restructurings: Creating a New Chapter for Kaiser Aluminum and USG, The Metropolitan Corporate Counsel
    • August 2006
      Pension Funding Legislation, Texas Lawyer podcast
    • July 2006
      Sovereign Immunity and Bankruptcy, Texas Lawyer podcast
    • June 2006
      Impact of the Bankruptcy Overhaul's Limits on Key Employee Retention, Texas Lawyer podcast
    • May 2006
      U.S. Supreme Court Decision in Anna Nicole Smith Case, Texas Lawyer podcast
    • May 2006
      Overseas Operations in Bankruptcy Proceedings, Texas Lawyer podcast
    • March 2006
      Anna Nicole Smith: Bankruptcy vs. Probate Jurisdiction, Texas Lawyer podcast
    • February 2006
      Substantive Consolidation: An Important Tool, Texas Lawyer podcast
    • February 2006
      Fairness in Asbestos Injury Resolution Act, Texas Lawyer podcast

    Palestras / Aulas

    • November 4, 2009
      Doing Business in a Troubled Environment, Jones Day MCLE University
    • June 7, 2008
      Overview of Issues Related to Professional Retention in Bankruptcy Cases, Association of Insolvency and Restructuring Advisors
    • April 10, 2008
      Public Market Data as a Basis for Valuing a Company, American Bar Association Section of Business Law Spring Meeting
    • May 1, 2007
      Handling Complex Chapter 11 Restructuring Issues, The Beard Group Law and Business Publishers
    • January 11, 2007
      The Bankruptcy Solution to Asbestos and Other Mass Tort Liability, Houston Turnaround Management Association
    • November 17, 2006
      Commercial Arbitration: Is Arbitration too . . . Arbitrary?, University of Texas School of Law's 25th Annual Bankruptcy Conference
    • December 15, 2004
      Restructuring of Kaiser Aluminum and its Affiliates
    • July 22, 2003
      Bankruptcy: No Escape From Mistake and Other Horror Stories
    • October 3, 2002
      Recent Developments in Mass Tort Cases, American Bar Association Subcommittee on Mass Torts and Environmental Claims
    • June 15, 2001
      Current Developments Regarding Director and Officer Liability Issues and Securitization Transactions, Association of Insolvency and Restructuring Advisors
    • May 29 - June 11, 2001
      Bankruptcy in the Dot-Com Economy, Webinar hosted by Law.com
    • January 10, 2000
      Overview of Federal Bankruptcy Process