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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 Second Lien Lender Group in Record-Setting Prepackaged Chapter 11 Restructuring

Paul, Weiss advised an ad hoc group of prepetition second lien lenders in connection with the chapter 11 cases of FULLBEAUTY Brands Holdings Corp. and certain affiliates. The firm advised the group on all aspects of the company’s reorganization, which restructured more than $1.2 billion of prepetition debt through a prepackaged plan of reorganization that was approved by the United States Bankruptcy Court for the Southern District of New York less than 24 hours after the company filed for chapter 11 protection, setting the record for the fastest chapter 11 case ever. 

The Paul, Weiss team included bankruptcy partners Paul Basta and Elizabeth McColm; corporate partners Lawrence Wee and David Huntington and counsel Austin Witt; litigation partner Walter Rieman; and tax partner Scott Sontag.

February 7, 2019

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