Bruce Racine

Bruce’s experience includes representing:

Debtor and Company-Side 

• iRobot in connection with its comprehensive prepackaged chapter 11 restructuring, whereby the company will deleverage its balance by equitizing approximately US$265 million of debt held by the company’s sole secured lender and primary supplier, Shenzhen PICEA Robotics and Santrum Hong Kong*
• Carestream Dental, a leader in digital transformation for the oral healthcare industry, with over US$800 million in debt obligations, in connection with an out-of-court recapitalization transaction resulting in US$525 million of new capital*
• Terraform Labs Pte. Ltd., a Singapore-based software developer in its chapter 11 cases, involving billions of dollars in claims asserted by the SEC*
• The Greenrose Holding Company in connection with its out-of-court restructuring*
• Talen Energy Supply, LLC and certain of its affiliates in connection with their chapter 11 cases to restructure approximately US$5 billion in funded debt*

Creditor and Distressed Situation 

• Brookfield Asset Management, the secured lender to a renewable energy company, in connection with its ongoing refinancing efforts*
• Strategic Value Partners, as sponsor and debtor-in-possession lenders in the prepackaged chapter 11 cases of Klöckner Pentaplast, a global packaging and specialty film manufacturer*
• An ad hoc group of 2L lenders of Northvolt Ett, a Swedish battery developer and manufacturer, during its restructuring negotiations and subsequent chapter 11 filing*
• HPS Investment Partners in a recapitalization transaction of Vialto, a New York-based provider of global mobility solutions, reducing the company’s outstanding debt by approximately US$550 million and delivering a US$225 million new money equity capital investment*
• Johnson & Johnson as a creditor in the mass tort chapter 11 cases of Imerys Talc America, Inc., which filed for chapter 11 as a result of thousands of personal injury lawsuits*
• EP Energy E&P Company, LLC, formerly EP Energy E&P Company, L.P., as a creditor in the chapter 11 cases of MLCJR LLC, an independently owned oil and gas exploration and production company operating in the Gulf of Mexico*
• The largest secured lender of Parallel in connection with its restructuring efforts*
• Marathon Digital Holdings, a publicly traded bitcoin mining company, as the largest unsecured creditor, customer, and preferred equity investor in the chapter 11 cases of Compute North, LLC*

*Matter handled prior to joining Latham