Christine A. Okike, P.C.

Since joining Golden Flag, Christine has been involved in the following matters:

• Maxeon Solar Technologies, Ltd. — Represented Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a leading manufacturer of premium solar technology based in Singapore, on a comprehensive restructuring of its capital structure and infusion of up to $200 million in new financing in a deal supported by a significant number of the company’s key stakeholders. Per the terms of the transaction, Maxeon’s largest shareholder and secured lender, TCL Zhonghuan Renewable Energy Technology Co. Ltd. (“TZE”) will purchase $97.5 million in new super senior secured convertible notes due in 2027 and make a $100 million equity investment upon receipt of certain regulatory approvals. The holders of the company’s 2025 unsecured convertible notes will exchange their notes into $200 million in new second lien convertible bonds due in 2028, $137.2 million of which must be converted into equity upon TZE's equity investment. The transaction materially reduces the company’s funded debt and provides the company with liquidity for its working capital requirements and strategic investments while remaining a public company.
• BlockFi — Represented BlockFi Inc. and certain of its subsidiaries (“BlockFi”) in their Chapter 11 cases in the District of New Jersey. BlockFi is an industry-leading provider of cryptocurrency related products and services, allowing its retail and institutional clients access to liquidity, yield, and credit. Following disruption in the cryptocurrency industry, BlockFi commenced Chapter 11 to stabilize its business and provide for the opportunity to consummate a comprehensive restructuring transaction that maximizes value for its clients and stakeholders.
• Cineworld Group plc — Represented Cineworld Group plc and 104 of its debtor affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas. Publicly traded on the London Stock Exchange, Cineworld, the parent company of Regal Entertainment Group, is the second-largest cinema chain in the world, operating over 9,100 screens at nearly 750 cinemas in 10 countries worldwide. Cineworld commenced its Chapter 11 cases with approximately $5.1 billion in funded debt and commitments from an ad hoc group of prepetition lenders to provide nearly $2 billion in debtor-in-possession financing.
• Voyager Digital Holdings, Inc. — Represented Voyager Digital Holdings, Inc. and its affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York. Voyager Digital is one of the largest cryptocurrency platforms in the world, allowing customers to buy, sell, trade, and store more than 100 cryptocurrencies and supporting over $1.3 billion in aggregate cryptocurrency holdings on the platform. Voyager’s Chapter 11 cases mark one of the first restructurings of a major cryptocurrency company. 
• Riverbed Technology, Inc. — Represented Riverbed Technology, Inc. and three of its affiliates in their prepackaged Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware. Riverbed is a leading provider of IT optimization products and services, including a suite of best-in-class network visibility, management and performance enhancement solutions to many of the world’s largest organizations. Riverbed commenced its Chapter 11 cases with a fully solicited plan and the support of 100% of its first lien and second lien lenders. Pursuant to the Chapter 11 plan, Riverbed will eliminate approximately $1.1 billion of its funded debt and will receive $100 million in new capital. 
• Bouchard Transportation Co., Inc. — Represented Bouchard Transportation Co., Inc. and certain of its subsidiaries (“BTC”) in their Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas. Prior to the bankruptcy filing, BTC was one of the nation’s largest independently owned ocean-going petroleum barge companies operating within the Jones Act market, possessing a fleet of 24 barges and 25 tugs that provided oil and petroleum product transportation services. During their Chapter 11 cases, BTC obtained over $100 million of new capital through a series of court-approved transactions and consummated two simultaneous value-maximizing sale transactions for substantially all of their assets that allowed their state of the art fleet to continue operating in the Jones Act market. 
• Katerra Inc. — Represented Katerra Inc. and its subsidiaries in their Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas. Katerra is an innovative and eco-conscious construction company with facilities across the globe that develops, manufactures, and markets products and services in the commercial and residential construction spaces. Katerra commenced its Chapter 11 cases with the goal of facilitating a marketing and sale process for its assets to maximize value and creditor recoveries.

Prior to joining Golden Flag, Christine was involved in the following representations:

Company-Side Representations

• Board of directors of MD America Energy, LLC in the company’s prepackaged Chapter 11 restructuring.
• Synergy Pharmaceuticals Inc. in its Chapter 11 restructuring and sale of substantially all of its assets to Bausch Health Companies Inc.
• Excel Maritime Carriers, Ltd. in its Chapter 11 restructuring involving $1.1 billion of debt.
• DSW Group Inc. in its out-of-court restructuring involving more than $900 million of debt.
• Travelport Inc. in its out-of-court, cross-border restructuring involving $3.8 billion of debt.
• Jackson Hewitt Tax Services, Inc. in one of the only prearranged Chapter 11 cases to discharge statewide consumer class action litigation.
• Vertis Inc. in its prepackaged Chapter 11 restructuring of more than $700 million of debt.
• CIT Group, Inc. in its prepackaged Chapter 11 cases.
• Intrawest in its out-of-court, cross-border restructuring of $1.7 billion of debt.
• a major news organization in its out-of-court restructuring.

Purchaser Representations

• Key Safety Systems, Inc. in its $1.6 billion acquisition of substantially all of the non-PSAN inflator assets of Takata Corporation through cross-border restructuring proceedings in the U.S., Japan and Canada and out-of-court asset purchase transactions in Germany, China and Mexico.
• The National Hockey League in its acquisition of the Phoenix Coyotes.
• DISH Network Corporation in its $1.4 billion acquisition of DBSD North America.

Creditor/Lender Representations

• Callidus Capital Corporation in multiple transactions, including the restructuring of its secured loan to global automotive supplier JD Norman Industries, Inc.
• Black Diamond Capital Management L.L.C. in multiple transactions, including as the largest secured creditor in the Chapter 11 cases of Harvey Gulf International Marine.
• Salus Capital Partners LLC, a subsidiary of Harbinger Group Inc., as secured creditor in RadioShack’s Chapter 11 cases.
• Credit Suisse, as administrative agent, and the lender steering committee comprised of Oaktree Capital Management, Strategic Value Partners and Tennenbaum Capital Partners, in the out-of-court recapitalization of Hanley Wood, LLC.
• Ipsen Pharma SAS as lender, creditor, equity holder and seller of certain proprietary drugs, in the Chapter 11 case of Inspiration Biopharmaceuticals, Inc.
• The Yucaipa Companies in Barney’s out-of-court recapitalization.

Additional Representations

• The Port Authority of New York and New Jersey in the Chapter 11 case of George Washington Bridge Bus Station Development Venture LLC.
• Walnut Creek Mining Company, a wholly owned subsidiary of Kiewit Mining Group, Inc., in the Chapter 11 case of Optim Energy, LLC.
• a major financial institution in formulating its resolution plan under the Dodd Frank Act.
• The Mount Sinai Hospital in the Chapter 11 case of North General.