Among Ms. Uhland’s most prominent cases is her current representation of Suntech Power Holdings Co., Ltd., as it undergoes a Chapter 15 restructuring process. Suntech, involved in bankruptcy hearings in the United States and in the Cayman Islands, was among the largest producers of photovoltaic cells and solar panels for residential, commercial, and utility company use. Before the onset of its financial troubles, Suntech had sold more than 25 million photovoltaic panels.
In 2014, the manufacturer filed for Chapter 15 protection in the U.S. Bankruptcy Court for the Southern District of New York, hoping to avoid a forced Chapter 7 liquidation request brought by a group of its bondholders. By that time, Suntech had already begun a process of negotiating with its creditors and conducting an analysis of its assets.
The O’Melveny & Myers team argued that a Chapter 15 filing in New York would best allow Suntech, incorporated in the Cayman Islands, to continue its restructuring. In a notable decision, the court agreed, finding that Suntech could claim the Cayman Islands as its main foreign proceeding while maintaining its ability to file for Chapter 15 in New York.