EFTA01358958.pdf

Page 25 874 F.3d 787, *; 2017 U.S. App. LEXIS 20596, fl; Bankr. L. Rep. (CCH) P83,176; 64 Bankr. Ct. Dec. 216 equitable ground that an unfair (or illegal) plan has been put into effect, especially where a creditor took all appropriate steps to secure judicial relief. In such a case, it is proper to provide relief if it is at all feasible. COUNSEL: DOUGLAS HALLWARD-DRIEMEIER, Ropes & Gray LLP, Washington D.C.; MARK R. SOMERSTEIN, MARK I. BANE, Ropes & Gray, New York, NY. for Wilmington Trust, National Association as Indenture Trustee for the 1.5 Lien Notes. DANIELLE SPINELLI, JOEL MILLAR, Wilmer Cutler Pickering Hale and Dorr LLP, Washington, D.C.; [".2]PHILIP D. ANKER, ALAN E. SCHOENFELD, Wilmer Cutler Pickering Hale and Dorr LLP, New York, NY; MICHAEL J. SAGE, BRAIN E. GREER, Dechert LLP, New York, NY, G. ERIC BRUNSTAD, JR., Dechert LLP, Hartford, CT, for BOKF, NA as First Lien Trustee. SUSHEEL KIRPALANI, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; ROY T. ENGLERT, JR., MARK T. STANCIL, ALAN E. UNTEREINER, MATTHEW M. MADDEN, Robbins, Russell, Englert, Orseck, Untereiner & Sauber LLP, Washington, D.C., for U.S. Bank National Association, as Indenture Trustee. IRA S. DIZENGOFF, ABID QURESHI, BRIAN T. CARNEY, Akin Gump Strauss Hauer & Feld LLP, New York, NY; PRATIK A. SHAH, JAMES E. TYSSE, Z.W. JULIUS CHEN, Akin Gump Strauss Hauer & Feld LLP, Washington, D.C., for Momentive Performance Materials Inc. and Apollo Management, LLC, and certain of its affiliated funds. JOSEPH T. BAIO, JAMES C. DUGAN, Willkie Farr & Gallagher LLP, New York, NY, for Momentive Performance Materials Inc. DENNIS F. DUNNE, MICHAEL L. HIRSCHFELD, Milbank, Tweed, Hadley & McCloy LLP, New York, NY, for Ad Hoc Committee of Second Lien Noteholders. SETH H. LIEBERMAN, PATRICK SIBLEY, Pryor Cashman LLP, New York, NY, for Wilmington Savings Fund Society, FSB, as [.3] Successor Indenture Trustee. RONALD J. MANN, Columbia Law School, New York, NY, for Amici Curiae Loan Syndications and Trading Association, the Managed Funds Association, and the Securities Industry and Financial Markets Association. JUDGES: Before: CABRANES, POOLER, and PARKER, Circuit Judges. OPINION BY: BARRINGTON D. PARKER OPINION ["'791] BARRINGTON D. PARKER, Circuit Judge: These appeals by three groups of creditors challenge various aspects of Appellee Momentive Performance Materials, Inc.'s ("MPM,") substantially consummated plan of For internal use only For internal use only CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0046944 CONFIDENTIAL SDNY_GM_00193128 EFTA01358958