Bowlmor AMF Corp.

O’Melveny represented the key creditors and sponsors of a chapter 11 plan in AMF Bowling’s high-profile bankruptcy case. The firm was able to craft a plan of reorganization that converted the second lien debt into a controlling equity interest in the reorganized company and merged with a non-debtor operator of bowling centers, Bowlmor Lanes. Arguably, this transaction tested every conceivable tax issue that could arise in a restructuring.