The thing that strikes you the most about Paul, Weiss is the depth of the practice. They just have a large number of senior partners, all of whom are of an outstanding quality. 
- Chambers USA, Band 1 for Bankruptcy/Restructuring (Nationwide and NYC) and "Bankruptcy Law Firm of the Year" in 2019
Firm of Choice When It Matters
Clients come to us with their most complex, high stakes matters. Learn more about representative engagements here:
» Company/Debtor Engagements
» Creditor Engagements
» Cross-Border Engagements
» One-of-a-Kind/Bespoke Engagements
Seamless Multidisciplinary Approach
The full suite of the firm's resources are leveraged to protect and further our clients' interests. Learn more about the firm’s market-leading practices here:
» Employee Benefits & Executive Compensation
» Finance
» Litigation
» M&A
» Tax
Comprehensive Industry Experience
Our experience spans a diverse array of industries. Learn more about representative engagements here:
» Consumer Products, Retail & Apparel
» Healthcare & Pharmaceutical
» Media, Technology & Telecommunications
» Oil & Gas
» Shipping, Automotive & Aerospace
» Supermarket, Restaurant & Other Food Services
» Utilities, Coal, Power & Other Energy
Top-Tier Restructuring Practice
At a high level, working with the firm is great because not only is the restructuring group strong, but the firm in general is excellent, so you know you are well represented. - Chambers USA » Learn more about our recent awards and recognition
Client News & Insights
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Twelve Paul, Weiss Restructuring Partners Named in Lawdragon’s Top 500
Twelve Paul, Weiss partners were named in Lawdragon’s inaugural list of “500 Leading U.S. Bankruptcy & Restructuring Lawyers,” which recognizes attorneys with exceptional skills in financing, structuring, litigating and finding solutions for companies in distress.
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Paul, Weiss Adds Leading Restructuring Partner
Andrew Parlen has joined the firm as a partner in the Restructuring Department, resident in the New York office.
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Templar Energy Successfully Sold, Completing Chapter 11 Process
Paul, Weiss advised Templar Energy LLC, an Oklahoma City-based, independent upstream oil and gas company, in the sale of substantially all of the company's assets to Presidio Investment Holdings LLC as part of Templar’s successful chapter 11 cases.
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Coronavirus Pandemic Portends Heightened Risk of Financial Distress, Potential Changes in Restructuring Market
As the coronavirus pandemic continues to shake global markets, more companies will likely need to restructure to address liquidity constraints, right-size their balance sheets, or implement operational restructurings. Concurrently, the spread of COVID-19 is already complicating ongoing or planned restructurings.
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Paul, Weiss Advises Ad Hoc Term Lender Group in Covia Bankruptcy
Paul, Weiss advised an ad hoc group of term loan lenders in connection with the prearranged chapter 11 case of Covia Holdings Corporation in U.S. Bankruptcy Court for the Southern District of Texas.
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Paul Basta Named Law360 Bankruptcy MVP
Restructuring partner Paul Basta has been named a Law360 “Bankruptcy MVP” for his work on some of the largest and most complex Chapter 11 cases over the past year.
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Alan Kornberg and Elizabeth McColm Co-Author the U.S. Chapter in ICLG’s Restructuring & Insolvency 2020 Guide
Restructuring department co-chair Alan Kornberg and restructuring partner Elizabeth McColm co-authored the “United States” chapter of the International Comparative Legal Guide (ICLG) to: Restructuring & Insolvency 2020, published by the Global Legal Group Ltd., London.
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Foresight Energy Emerges from Bankruptcy
Paul, Weiss advised Foresight Energy LP, a publicly held producer and marketer of thermal coal in the Illinois basin, in its successful chapter 11 reorganization.
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Elizabeth McColm and Brian Bolin Contribute Investment Fund Chapter to Americas Restructuring Review 2020
Restructuring partner Elizabeth McColm and counsel Brian Bolin co-authored the “Investment Fund Activity in Chapter 11” chapter in Americas Restructuring Review 2020 published by Global Restructuring Review.
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Paul, Weiss Recognized as Bankruptcy Law Firm of the Year by Chambers and Partners
Paul, Weiss has been recognized as Bankruptcy Law Firm of the Year by the Chambers New York Awards program.
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Alan Kornberg and Claudia Tobler Co-Author the U.S. Chapter in Getting the Deal Through
Bankruptcy partner Alan Kornberg and counsel Claudia Tobler co-authored the “United States” chapter of the 2020 edition of Getting the Deal Through – Restructuring & Insolvency, published by Law Business Research Ltd.
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Brian Hermann and Robert Britton Receive TMA Mid-Size Company Transaction of the Year Award
Bankruptcy partners Brian Hermann and Robert Britton were honored by the Turnaround Management Association with its 2019 Mid-Size Company Transaction of the Year Award.
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J.Jill Completes Out-of-Court Restructuring
Paul, Weiss advised sponsor Towerbrook Capital Partners in the successful out-of-court restructuring of its portfolio company J.Jill, Inc.
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Kelley Cornish Featured in Lawdragon Article
Bankruptcy partner Kelley Cornish was featured in a Q&A in Lawdragon as part of its “Lawyer Limelight” series.
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Neiman Marcus Emerges From Bankruptcy
Paul, Weiss advised an ad hoc committee of secured noteholders of Neiman Marcus Group in its successful chapter 11 reorganization.