GenTek Emerges From Bankruptcy Protection

On November 10, 2003, GenTek Inc., a manufacturer of telecommunications and other industrial products, emerged from Chapter 11 proceedings with the benefit of a US$125 million asset-based revolving credit facility in favour of GenTek Inc. and its US subsidiaries, as US borrowers, and Noma Co., as Canadian borrower, all arranged and agented by Bank of America, NA.

Noma was represented in Canada by Blake, Cassels & Graydon LLP, with a team that included Susan Grundy, Pamela Huff and Amanda Kushnir for the insolvency and restructuring; Simon Finch and Valerie Legros for the exit credit facility; and Bliss White (corporate), Kathleen Penny (taxation) and Derek Rogers (labour and employment); and in the US by Saul Ewing LLP in Wilmington, Delaware, with a team that included Domenic Pacitti and Kate Stickles.

GenTek was represented by Skadden, Arps, Slate, Meagher & Flom LLP, with a team that included Charles Fox and Tiffany Tran Boydell, and Jan Baker and Rosalie Gray (corporate restructuring) in New York, Ronald Barusch (corporate and securities) in Washington, DC, and Mark Chehi (corporate restructuring) in Wilmington, Alabama; and by Neil Glassman and Charlene Davis of the Bayard Firm in Wilmington, Delaware on specific matters.

Bank of America was represented in Canada by Ogilvy Renault, with a team that included Kevin Morley, Merie-Anne Beavis, Craig Johnston, Adam Walsh and Michael Weinczok; and in the US by Kaye Scholer LLP in New York, with a team that included Albert Fenster, Gary Bernstein and Sheryl Gittlitz.