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
The Collected Group Wins Approval for Reorganization Plan
- Client News
- May 26, 2021
Paul, Weiss is advising California-based fashion brand owner The Collected Group and its debtor subsidiaries in their chapter 11 cases. On May 25, The Collected Group won court approval of its prepackaged reorganization plan, and the Plan went effective on May 26.
The Collected Group, which owns the Joie, Current/Elliott and Equipment labels and is known for its celebrity customers, filed for chapter 11 in the U.S. Bankruptcy Court for the District of Delaware on April 5. The reorganization plan, backed by KKR & Co Inc., The Collected Group’s largest owner and lender, eliminated approximately $155 million of the company’s $185.6 million secured funded debt stack, enabled the company to exit its brick and mortar retail footprint, and allowed the company to restructure around its online and e-commerce platforms.
The Paul, Weiss team includes restructuring partners John Weber, Brian Bolin and Brian Hermann; tax partner Robert Holo; intellectual property partner Claudine Meredith-Goujon; corporate partner David Huntington; and executive compensation counsel Uri Horowitz.