News Releases

Al Kennedy Offers Perspective on Sunwest Management Bankruptcy at Oregon State Bar Event

September 21, 2012

Tonkon Torp bankruptcy attorney Albert Kennedy was one of a number of panelists at a September 19 Oregon State Bar continuing legal education event focused on one of Oregon's most complex bankruptcy cases. 


Titled, "Sunwest: The Complexity of its Downfall, the Negotiations and the Successful Resolution,"  the presentation by Kennedy and other panel members described how they managed the civil, bankruptcy, receivership and criminal proceedings that ultimately resulted in successful resolution of the bankruptcy and subsequent $1.2 billion sale to Blackstone Real Estate Advisors in 2010.  


A member of Tonkon Torp's Bankruptcy Practice Group, Kennedy's practice focuses on bankruptcy, commercial law and creditors' right.  Best Lawyers® named Kennedy the Portland, Oregon Creditor's Rights and Bankruptcy Lawyer of the Year for both 2011 and 2012 and recently named him to its 2013 Best Lawyers in America list.  Kennedy also was named to the 2011 and 2012 Super Lawyers lists for Bankruptcy and Creditor/Debtor Rights.  For their work on the Sunwest matter, Kennedy and Tonkon Torp colleague Kenneth D. Stephens were recognized with the Transaction of the Year, Large Company Turnaround award, by the Turnaround Management Association in 2011.


Tonkon Torp's bankruptcy and corporate reorganization practice is recognized nationally as strategic and results-oriented for debtor and creditor clients of all sizes in all types of commercial and business insolvency matters.