A top-notch restructuring group, capable of handling the biggest and the most difficult restructuring from either company side or creditors’ side. 
- Chambers USA, Band 1 Bankruptcy/Restructuring (Nationwide and NY)
True Temper Sports Emerges from Bankruptcy
- Client News
- December 15, 2009
Paul, Weiss client Newport Global Advisors and certain other Plan Investors provided a cash investment in an aggregate amount equal to $70 million in a new holding company to be established to hold all of the assets of True Temper Sports, Inc., True Temper Corporation, Inc. and True Temper Sports-PRC Holdings, Inc. (the "Debtors"). Pursuant to the joint prepackaged plan of reorganization, the Debtors closed a transaction that restructured certain first lien and second lien obligations, recapitalized the Debtors and provided for exit financing for the Debtors.
The Paul, Weiss team representing the Plan Investors includes corporate partners Bruce Gutenplan and Eric Goodison; bankruptcy partner Andrew Rosenberg, counsel Diane Meyers; environmental counsel William O'Brien; and tax partner Peter Rothenberg.