facebook linked in twitter
close

Shane G. Ramsey

Partner and Vice Chair, Bankruptcy & Financial Restructuring Practice Group

One Nashville Place
150 Fourth Avenue, North
Suite 1100
Nashville, TN 37219
shane.ramsey@nelsonmullins.com

Shane Ramsey is the Vice Chair of the Nelson Mullins Riley & Scarborough LLP Bankruptcy and Financial Restructuring Practice Group. Mr. Ramsey regularly represents committees of unsecured creditors, indenture trustees, secured creditors, unsecured creditors, bondholders, noteholders, liquidation trustees, plan administrators, disbursing agents, and other entities in bankruptcy reorganizations, liquidation proceedings, and bankruptcy related litigation. Mr....

+ Read More

Shane Ramsey is the Vice Chair of the Nelson Mullins Riley & Scarborough LLP Bankruptcy and Financial Restructuring Practice Group. Mr. Ramsey regularly represents committees of unsecured creditors, indenture trustees, secured creditors, unsecured creditors, bondholders, noteholders, liquidation trustees, plan administrators, disbursing agents, and other entities in bankruptcy reorganizations, liquidation proceedings, and bankruptcy related litigation. Mr. Ramsey also has experience handling complex civil litigation matters in both state and federal courts and in alternative dispute resolution settings, including arbitration and mediation. His business litigation experience includes contract disputes, business torts, breach of fiduciary duties, officer and director liabilities, and other general litigation matters.

Ramsey also has experience handling complex civil litigation matters in both state and federal courts and in alternative dispute resolution settings, including arbitration and mediation. His business litigation experience includes contract disputes, business torts, breach of fiduciary duties, officer and director liabilities, and other general litigation matters.

Shane Ramsey is the Vice Chair of the Nelson Mullins Riley & Scarborough LLP Bankruptcy and Financial Restructuring Practice Group. Mr. Ramsey regularly represents committees of unsecured creditors, indenture trustees, secured creditors, unsecured creditors, bondholders, noteholders, liquidation trustees, plan administrators, disbursing agents, and other entities in bankruptcy reorganizations, liquidation proceedings, and bankruptcy related litigation. Mr.... Ramsey also has experience handling complex civil litigation matters in both state and federal courts and in alternative dispute resolution settings, including arbitration and mediation. His business litigation experience includes contract disputes, business torts, breach of fiduciary duties, officer and director liabilities, and other general litigation matters.

Experience

Following is a selected sampling of matters and is provided for informational purposes only. Past success does not indicate the likelihood of success in any future matter.

Representative Matters - Bankruptcy and Financial Restructuring

  • In re The Celotex Corporation. Represented the Celotex Asbestos Settlement Trust established pursuant to the Chapter 11 plan of reorganization for The Celotex Corporation to satisfy asbestos-related personal injury and property damage claims against The Celotex Corporation. In re Celotex Corp. (Bankr. M.D. Fla. Filed Oct. 1990)
  • In re Colt Holding Company, LLC, et al. Represented the official committee of unsecured creditors in the Chapter 11 cases of firearms manufacturer with more than $100 million of secured debt and $250 million of unsecured debt. In re Colt Holding Co., LLC, et al., Case No. 15-11296-LSS (Bankr. D. Del.)
  • In re American Apparel, Inc., et al. Represented the official committee of unsecured creditors for clothing retailer and wholesaler employing more than 4,600 workers in and around downtown Los Angeles (and 8,500 employees worldwide). Debtors listed approximately $200 million in assets and $398 million in liabilities as of the petition date. In re American Apparel, Inc., No. 15-12055 (Bankr. D. Del.)
  • In re BankUnited Financial Corporation, et al. Represented the official committee of unsecured creditors and subsequently the plan administrator in the BankUnited Financial Corporation, et al. bankruptcy cases involving the holding company for BankUnited, FSB, one of the largest bank failures of 2009, with more than $500 million in unsecured debt. Notably, this is the only bank holding company case where the committee confirmed its own plan. In re BankUnited Financial Corporation, et al., Case No. 09-19940 (Bankr. S.D. Fla.)
  • In re Corus Bankshares, Inc. Represented the official committee of unsecured creditors in the Corus Bankshares, Inc. Chapter 11 bankruptcy case involving the holding company for Corus Bank, N.A., a failed bank that had approximately $7 billion in assets. The holding company had more than $400 million in unsecured debt. In re Corus Bankshares, Inc., Case No. 10-26881 (Bankr. N.D. Ill.)
  • In re Amelia Island Company. Represented the creditors' committee and later the liquidating trustee for Amelia Island Company. Total liabilities in case exceeded $100 million. In re Amelia Island Company, No. 09-9601 (Bankr. M.D. Fla.).
  • In re NetBank, Inc. Represented the official committee of unsecured creditors and later the liquidating supervisor for NetBank, Inc. in connection with the liquidation of this bank holding company. In re NetBank, Inc., Case No. 07-04295 (Bankr. M.D. Fla.)
  • In re Hospital Damas, Inc. Represented the creditors' committee in Chapter 11 proceedings pending in the Bankruptcy Court for the District of Puerto Rico. Hospital Damas, Inc. is a nonprofit corporation that operated a general medical and surgical hospital in Ponce, Puerto Rico. In addition to protecting the interests of unsecured creditors during the bankruptcy case, the firm initiated an adversary proceeding against the major secured creditor seeking avoidance of certain of its purported liens on the debtor's property. The secured creditor ultimately consented to a joint debtor/committee plan that provided substantial recoveries for unsecured creditors. In re Hospital Damas, Inc., Case No. 10-08844 (Bankr. D.P.R.).
  • In re Sun Coast Hospital, Inc. Represented the creditors' committee and later plan trustee for Sun Coast Hospital in connection with the sale of the hospital facility with more than $30 million in secured and unsecured debt. Litigation commenced against the secured creditor for avoidance of liens incurred in connection with bond financing and a settlement negotiated pursuant to which a substantial portion of such creditor's claim was deemed unsecured, thereby resulting in a substantial distribution to unsecured creditors. In re Sun Coast Hospital, Case No. 07-12926 (Bankr. M.D. Fla.)
  • In re Bill Heard Enterprises Inc. et al. Represented the official committee of unsecured creditors of one of the largest sellers of Chevrolet vehicles in the United States. The representation included, among other things, the sale of substantially all of the Debtors' assets; working to a resolution of thousands of claims of former employees alleging violations of the WARN Act; structuring and confirming a liquidating plan that was overwhelmingly approved by the creditor constituency; and prosecuting an action against former officers and directors to determine the proper ownership of trust assets arising from an executive compensation plan. In re Bill Heard Enterprises Inc., No. 08-83029 (Bankr. N.D. Ala. filed Sept. 28, 2008)
  • In re Altegrity, Inc., et al. Represented an indenture trustee for approximately $825 million in debt instruments in cases involving prominent global risk and information services company serving commercial customers and government entities. In re Altegrity, Inc., Case No. 15-10226 (LSS) (Bankr. D. Del. filed Feb. 8, 2015)
  • In re First Place Financial Corp. Represented an indenture trustee for approximately $62 million in debt instruments in bank holding company bankruptcy case pending in Delaware. The sale ultimately approved in this case employed a modified sale structure that was the result of negotiations between the committee of trust preferred securities, on which the firm's client served, and the debtor. In re First Place Financial Corp., Case No. 12-12961 (BLS) (Bankr. D. Del. filed Oct. 29, 2012)
  • In re Capitol Bancorp Ltd., et al. Represented an indenture trustee for in excess of $100 million in debt instruments, which also sat on (and chaired) the official creditors' committee. Case involves a bank holding company, which proposed a Chapter 11 plan of reorganization that sought to exchange trust preferred securities for equity in reorganized debtors. In re Capitol Bancorp Ltd., et al., Case No. 12-58409 (Bankr. E.D. Mich. filed August 9, 2012)
  • In re Citadel Broadcasting Corp., et al. Represented an indenture trustee for approximately $148 million in debt instruments in cases involving prominent broadcasting company. Indenture trustee sat on the creditors' committee appointed in the cases and the court confirmed a joint plan of reorganization less than six months after the petition date. In re Citadel Broad. Corp., et al., Case No. 09-17442 (BRL) (Bankr. S.D.N.Y. filed December 20, 2009)
  • In re Irwin Financial Corporation. Represented an indenture trustee for approximately $47 million in debt instruments in case involving an insolvent bank holding company for a failed bank. In re Irwin Financial Corporation, Case No. 09- 13852 (Bankr. S.D. Ind. filed September 18, 2009)
  • In re Signal International, Inc., et al. Represented 17 Indian human trafficking plaintiffs, including member of creditors' committee, in bankruptcy cases filed by defendant oil rig repair and manufacturing companies. Obtained consents of 17 plaintiffs to pre-petition plan support agreement providing for aggregate payment (to them and other similarly situated trafficking victims) of between $20 million and $22 million. In re Signal Int'l, Inc., et al., No. 15-11498 (MFW) (Bankr. D. Del.)
  • In re Washington Mutual, Inc., et al. Represented large noteholder in cases involving the holding company for Washington Mutual Bank, the largest bank failure in United States history (and the largest bank holding company bankruptcy in United States history), with more than $7 billion in unsecured debt. In re Washington Mutual, Inc., et al., Case No. 08-12229 (Bankr. D. Del. filed September 26, 2008)
  • In re The Colonial BancGroup, Inc. Represented one of the largest noteholders in bankruptcy of bank holding company. Regularly consulted with committee and post-confirmation trustee on various issues, including tax refund ownership dispute. In re The Colonial BancGroup, Inc., Case No. 09-32303 (Bankr. M.D. Ala. filed August 25, 2009)
  • In re Hostess Brands, Inc. Represented the stalking horse and ultimately successful bidder for a majority of the bread business of Hostess Brands, Inc. and its affiliated debtors in $355 million transaction. In re Hostess Brands, Inc., Case No. 12-22052-RDD (Bankr. S.D.N.Y. filed January 11, 2012)
  • In re Tribune Company, et al. Represented a defendant in significant action, which relates to bankruptcy case of Tribune Co. and its affiliates, seeking to avoid pre-petition leveraged buyout as a fraudulent transfer. Kirschner v. FitzSimons, et al., Case No. 12-02652 (S.D.N.Y. filed Apr. 5, 2012)

Representative Matters - Business and Complex Litigation

  • Represented an EPC contractor in a $1.6 billion federal court litigation relating to the construction of four grassroots nuclear power plant units (the first nuclear construction in the United States in the last 30 years).
  • Represented litigation trustee in suit brought in federal district court against the FDIC concerning the disputed ownership of a $45 million tax refund.
  • Represented litigation trustee in suit brought in federal district court against directors and officers of bank holding company for breaches of fiduciary duty.
  • Represented company in suit brought in federal district court seeking damages relating to violations of federal securities laws.
  • Represented company in suit brought in federal court against former president of company for breach of contract, unjust enrichment, fraud, and misappropriation of corporate funds.
  • Represented party in action brought in federal court concerning the valuation of a public company. Action involved a week long valuation trial.
  • Represented purchaser of real property in action in both state and federal courts seeking specific performance of contract and alleging breach of contract.

Education

  • Florida State University College of Law, JD, high honors (2006)
    • Order of the Coif
    • Senior Articles Editor, Florida State University Law Review
  • University of Tampa, BA, magna cum laude (2003)

Admissions

  • Tennessee
  • Florida
  • Georgia
  • U.S. Court of Appeals for the Eleventh Circuit
  • U.S. District Court for the Eastern District of Michigan
  • U.S. District Court for the Eastern District of Tennessee
  • U.S. District Court for the Middle District of Florida
  • U.S. District Court for the Middle District of Georgia
  • U.S. District Court for the Middle District of Tennessee
  • U.S. District Court for the Northern District of Florida
  • U.S. District Court for the Northern District of Georgia
  • U.S. District Court for the Southern District of Florida
  • U.S. District Court for the Western District of Tennessee

Practice Areas

Industries

The bar rules of some states require that the standards for an attorney’s inclusion in certain public accolades or recognitions be provided. When such accolades or recognitions are listed, a hyperlink is provided that leads to a description of the respective selection methodology.

  • Coordinator, Reaffirmation Project (provides free legal counsel to unrepresented debtors seeking to enter into reaffirmation agreements)
  • American Bankruptcy Institute
    • Business Reorganization Committee, Education Director (2015-Present)
    • Young and New Members Committee, Co-Chair (2013-2015)
    • Young and New Members Committee, Newsletter Editor (2011-2013)
  • Turnaround Management Association
    • nextGen Global, Distressed Investing Conference Committee Co-Chair (2015-Present)
    • nextGen Global, Leadership Conference Committee Co-Chair (2013-2014)
    • nextGen Global, Conferences Sub-Committee Chair (2012-2013)
    • nextGen Atlanta, Board Member (Events Committee Chair 2012-2013)
    • nextGen Atlanta, Board Member (Chair 2013-2014)
    • nextGen Atlanta, Board Member (Strategic Advisor 2015-Present)
    • 2013 Annual Conference Planning Committee, Member
  • American Bar Association
    • Trust Indentures and Indenture Trustees Committee, (Content Director, 2015 – Present)
  • Mary Hall Freedom House, Board of Directors
  • Everybody Wins!, Reading Mentor
What's New
Idea Exchange
Top