|
|
Mr. Siegel is a member of the Firm’s Bankruptcy and Corporate Restructuring Group and has been recognized for twenty consecutive years in Woodward/White Inc.'s The Best Lawyers in America for Bankruptcy and Creditor-Debtor Rights Law. He is also a member and Co-Leader of Brown Rudnick’s Energy and Utilities Practice Group. Mr. Siegel regularly represents official and ad-hoc committees of creditors and equity security holders and other parties in interest in bankruptcy and restructuring matters. He also represents clients in renewable energy and energy efficiency project development and finance including monetization of carbon credits, RECs and other environmental and efficiency attributes; valuation litigation; and transactional matters involving energy and utilities, mergers and acquisitions and commercial, corporate and project finance.
As part of Brown Rudnick’s Cleantech Team, Mr. Siegel is also part of collaborative, cross-disciplinary initiatives to assist clients in this evolving sector.
Recent Matters
• Representing the Official Committee of Unsecured Creditors of Visteon Corporation in Chapter 11 proceedings pending in the United States Bankruptcy Court for the District of Delaware.
• Counsel to Official Committee of Equity Security Holders of Mirant Corporation in Chapter 11 proceedings in the United States Bankruptcy Court for the Northern District of Texas resulting in confirmed plan accepted by equity security holders.
• Representing Administrative Agent and Collateral Agent for Big West Oil, LLC Term Loan Facility in Flying J/Big West Chapter 11 proceedings pending in the United States Bankruptcy Court for the District of Delaware.
• Counsel to Official Committee of Equity Security Holders of Global Power Equipment Group Inc. in confirmed rights offering plan in Chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware.
• Currently serving as counsel to Connecticut Banking Commissioner in his capacity as the court-appointed receiver in the receivership of Circle Trust Company, a Connecticut state-chartered trust bank.
• Advising Ad-Hoc Consortium of Term Lenders to The Newark Group, Inc.
• Counsel for CE2 Carbon Capital in the largest publicly announced US carbon offset transaction with counterparties the Goldman Sachs Group, Inc. and Blue Source involving offsets generated from forestry, landfill gas and coal mine methane projects under standards of the Climate Action Reserve and Voluntary Carbon Standard.
• Advised Administrative and Collateral Agent for Second Lien Creditors of Hawkeye Renewables LLC.
• Represented J.P. Morgan Securities, Inc. as the exclusive asset sales manager, financial advisor and auction advisor for the New Hampshire Public Utilities Commission in coordination with the Connecticut Department of Public Utility Control in the $800 million sale of the 1161 MW Seabrook Nuclear Power Plant.
• Advised C-Trade in its Philippines Clean Development Mechanism Biogas/Cogeneration project development and emission reduction purchase agreements.
• Advised Wisvest-Connecticut, LLC, a Wisconsin Energy subsidiary, in its $270 million acquisition of the New Haven Harbor Station and Bridgeport Harbor Station electric generation facilities; served as its trial counsel in successful property tax litigation involving one of the first post-divestiture plant valuation cases tried to judgment.
• Represented Ad-Hoc Committee of Senior Subordinated Noteholders of InSight Health Services Holdings Corp. in Pre-Packaged Chapter 11 Plan of Reorganization in the United States Bankruptcy Court for the District of Delaware.
• Represented J.P. Morgan Securities Inc. in its capacity as control premium valuation panel for the Public Utility Commission of Texas in the stranded cost true-up proceedings of Texas Genco/Centerpoint, PUC Docket No. 29526, involving electric generating facilities with aggregate capacity of 14,000 MW.
• Representing AT&T Mobility (f/k/a Cingular Wireless) in pending Connecticut property tax assessment appeals involving the valuation of equipment related to its cellular and wireless businesses.
• Counsel to Ad-Hoc Committee of Senior Secured Noteholders of Evergreen International Aviation, Inc. in $215 million tender offer.
• Counsel for PSEG Connecticut LLC in property tax assessment appeals involving the valuation of the New Haven Harbor Station and Bridgeport Harbor Station electric generating facilities.
• Served as legal advisor to Navigant Consulting, Inc. as the exclusive financial and transaction advisor to the Public Utility Commission of Texas for the AEP Texas Central Company divestiture of its 12 electric generation facilities consisting of natural gas, fuel oil, coal, hydro and nuclear units representing aggregate capacity of 4500 MW.
• Counsel to Connecticut Natural Gas Company and Southern Connecticut Gas Company in Connecticut Department of Public Utility Control natural gas unbundling Docket No. 05-05-10.
Publications and Speaking Engagements • Co-Author, "The Emerging Market in Black, Green and White Certificates," International Securitization & Finance Report, September 15, 2008
• Author, "Cleantech Market-Based Incentives: Leading-Edge Energy Efficiency and Solar Programs Combine Portfolio Standards and Tradeable Certificates," Bloomberg Sustainable Energy Report, July 2008
• “Monetizing Renewable Energy and Environmental Attributes – A Legal Roadmap,” The Wall Street Green Trading Summit, April 2008.
• “How to Monetize REC Credits for Markets”; The Wall Street Green Trading Summit, April 2007.
• "The Bankruptcy Court vs. FERC" Public Utilities Fortnightly, April 1, 2006
• “Generation Gap”; The Deal, February 14, 2005.
• "Divestiture Calculus" The Deal, February 10, 2003
• “Programmatic Strategies for Distributed Generation Project Finance”; ABA Section of Business Law, April, 2002.
Awards & Honors • Listed in New York Magazine in 2007 and 2008 as one of the best bankruptcy and creditor-debtor rights lawyers in the New York Metropolitan area
• Listed for twenty consecutive years in Woodward/White Inc.'s The Best Lawyers in America for Bankruptcy and Creditor-Debtor Rights Law.
Bar Admissions & Memberships
• Admitted, Connecticut Bar
• Past Chairman, Connecticut Bar Association – Business Bankruptcy Committee and Secured Transactions Committee
• Director and former President, Connecticut Chapter of the Turnaround Management Association
• Member, Energy Bar Association
• Member, Connecticut Power and Energy Society
• Member, Committee on Commercial Financial Services, Business Law Section of the American Bar Association
• Member, Business Advisory Board Member, OpenCarbonWorld.com (OCW), a carbon planning and information portal developed by Misys Open Source Solutions
|
|
|
 |