Devine Millimet has been selected as local counsel to the Official Committee of Unsecured Creditors of GT Advanced Technologies Inc. On October 6, 2014, GTAT and certain subsidiaries filed for chapter 11 bankruptcy protection in New Hampshire in one of the largest bankruptcy cases ever filed in that court. On October 14, 2014, a Creditors Committee was formed to help protect the interests of unsecured creditors who are owed a total of approximately $600,000,000. The Committee then selected the New York City firm of Kelley Drye & Warren as its lead bankruptcy counsel and Devine Millimet as its local counsel.
GTAT manufactures and sells sapphire, photovoltaic, and polysilicon products, and values its assets at approximately $1.5 billion.
The Devine Millimet team is led by partners Steven E. Grill and Charles R. Powell, III.