This is a summary of an article originally published by Law360. Read the full article here.

The article highlights Cole Schotz’s representation of bankrupt government defense contractor Noble Supply & Logistics LLC in its Chapter 11 proceedings. During a Delaware bankruptcy court hearing, David Dean helped negotiate a short-term agreement with the Defense Logistics Agency (DLA) that allows Noble to receive critical contractual payments while preserving the agency’s setoff rights.

Under the agreement, the DLA will release approximately $3.2 million in outstanding invoice payments, offset by an undisputed $537,000 obligation. The parties will address roughly $10.5 million in additional disputed DLA claims through a court estimation proceeding next month. The arrangement provides Noble with liquidity to continue operations and advance its bankruptcy and asset-sale process.

Cole Schotz attorneys representing Noble include Justin R. Alberto, Patrick J. Reilley, Jack M. Dougherty, Michael D. Sirota, Seth Van Aalten, Sarah A. Carnes, David Dean, and Anthony De Leo, alongside attorneys from Kirkland & Ellis.

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