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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

Chatham Asset Management Acquires The McClatchy Company

Paul, Weiss advised Chatham Asset Management, LLC and its affiliated or managed funds in its approximately $325 million acquisition of substantially all of the assets of The McClatchy Company, a Sacramento-based publishing company that operates 29 daily newspapers in 14 states, through a cash and credit bid under section 363 of the U.S. Bankruptcy Code, in connection with The McClatchy Company’s chapter 11 cases. The acquisition was approved by the U.S. Bankruptcy Court for the Southern District of New York.

The Paul, Weiss team included restructuring partners Andrew Rosenberg and Elizabeth McColm; corporate partner Catherine Goodall and counsel Chaim Theil and Suhan Shim; litigation partner William Clareman; tax partner Scott Sontag; employee benefits partner Andrew Gaines; real estate partner Peter Fisch; intellectual property partner Charles Googe; and antitrust counsel Marta Kelly.

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