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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

Paul, Weiss Advises Diamond Offshore Drilling in Chapter 11 Cases

Paul, Weiss is representing Diamond Offshore Drilling, Inc. and select subsidiaries in their voluntary chapter 11 petitions, filed in the U.S. Bankruptcy Court for the Southern District of Texas. Facing the multiple impacts of the OPEC-Russia price war and the COVID-19 pandemic, Diamond, a Houston-based offshore rig contractor, is pursuing negotiations with key stakeholders regarding a comprehensive restructuring plan to stabilize operations and recapitalize its balance sheet.

The Paul, Weiss team includes restructuring partners Paul Basta and Robert Britton and counsel Claudia Tobler; litigation partners Andrew Gordon, Julia Tarver Mason Wood and Jacqueline Rubin and counsel Robert Kravitz; corporate partners Tracey Zaccone, Gregory Ezring, Caith Kushner, Jeffrey Marell and Carl Reisner; employee benefits partner Jean McLoughlin and counsel Reuven Falik; and tax partners Robert Holo and Scott Sontag

April 26, 2020

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