The current financial landscape presents legal challenges unrivaled in scope and complexity to businesses in every industry. Our Bankruptcy & Corporate Reorganization Department helps companies, creditors and investors facing rapid market and regulatory transformation respond to these challenges with comprehensive and innovative bankruptcy and reorganization strategies. Our practice has been a critical advisor in almost every major headline grabbing restructuring over the past several years.

Freeport McMoRan Bondholders Complete Exchange Offer

Paul, Weiss represented an ad-hoc bondholder group in connection with the closing of an exchange offer involving the issuance of new notes of Freeport McMoRan in exchange for certain existing notes of its subsidiary, Freeport McMoRan Oil & Gas LLC. 

» more

Paul, Weiss Clients Complete $1 Billion Investment in Associated Materials

Paul, Weiss advised four investors in an investment of approximately $1 billion in Associated Materials Group, Inc. (AMI), a leading manufacturer and distributor of exterior residential building products in the United States and Canada. 

» more

Arch Coal Completes Restructuring

Arch Coal, Inc., a leading producer of metallurgical and thermal coal, successfully completed its financial restructuring and emerged from chapter 11 as a publicly traded company with more than $300 million of cash on its balance sheet and just $363 million in debt, less than one-tenth of its total prepetition debt.

» more

Wilmington Savings Fund Society Obtains Summary Judgment in Breach of Indenture Action

The Honorable Jesse M. Furman of the U.S. District Court for the Southern District of New York granted summary judgment to Paul, Weiss client Wilmington Savings Fund Society, FSB, on its claim for breach of contract against defendant Cash America International, Inc. 

» more

AMI Completes Debt Refinancing

Paul, Weiss client American Media, Inc. (AMI), which owns and operates leading celebrity and lifestyle media brands in the United States, announced that it successfully completed the refinancing of its outstanding indebtedness and discharged its obligations under its existing revolving credit facility, the indenture governing its 11.5% first lien senior secured notes due 2017 and the indenture governing its 7.000% second lien senior secured notes due 2020.

» more

Aéropostale Consortium Finalizes Acquisition

Paul, Weiss client Simon Property Group, together with its consortium members General Growth Property and Authentic Brands Group announced that they had finalized the acquisition of the global trend-focused apparel and accessories brand, Aéropostale. 

» more

Foresight Energy Completes Unique Out-of-Court Coal Company Restructuring

Paul, Weiss client Foresight Energy LP, a publicly held producer and marketer of thermal coal in the Illinois basin, completed an out-of-court restructuring of more than $1.4 billion in debt pursuant to transaction support agreements executed by the partnership, its equity sponsors - including Murray Energy Corp., Foresight Reserves LP and Mr. Christopher Cline - and a majority of the partnership's secured bank lenders and unsecured noteholders.

» more

© 2017 Paul, Weiss, Rifkind, Wharton & Garrison LLP

Privacy Policy