A top-notch restructuring group, capable of handling the biggest and the most difficult restructuring from either company side or creditors’ side. 
- Chambers USA, Band 1 Bankruptcy/Restructuring (Nationwide and NY)
Houghton Mifflin Files Chapter 11
As reported in The Wall Street Journal, The New York Times, Bloomberg, Reuters, USA Today and other publications, Houghton Mifflin Harcourt Publishing Company filed for chapter 11 relief with a prepackaged reorganization plan that would eliminate approximately $3.1 billion in debt and $250 million in annual interest costs. Houghton Mifflin's plan has been approved by over 90 percent of its senior secured creditors and 76 percent of equity holders.
The Paul, Weiss team advising Houghton Mifflin includes, among others, bankruptcy partner Elizabeth McColm; corporate partners Tom de la Bastide, Manuel Frey, David Huntington, John Kennedy and Robert Zochowski, and counsel Stephen Koo; tax partner David Mayo; and employee benefits partner Larry Witdorchic, and counsel Maureen Riley.