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
Consumer Products, Retail & Apparel
Our restructuring department fields large, multidisciplinary teams that leverage the resources of our firm as a whole. We act on all sides of cutting-edge restructuring transactions across a range of industries.
Chapter 11 Cases of The Collected Group
The Collected Group, an international fashion group headquartered in California which is recognized globally as a leading designer, distributor, and retailer of the Joie, Equipment and Current/Elliot brands, and its debtor subsidiaries, in their chapter 11 cases in the District of Delaware.
Section 363 in the Chapter 11 Cases of Ascena Retail
Simon Property Group, a primary landlord of numerous retail properties leased to Ascena Retail Group, in connection with Ascena’s sale to Sycamore Partners pursuant to a section 363 sale in its chapter 11 cases in the Eastern District of Virginia.
McGraw Hill's Out-of-Court Recapitalization
McGraw Hill, a leading educational publisher, in a comprehensive out-of-court debt recapitalization that involved (a) the amendment of the terms and maturities of the existing term loans and revolving facility commitments and (b) an issuance of new secured notes. The new secured notes were issued for cash, exchanged for existing holding company loans or in exchange of existing unsecured notes, all on terms negotiated among the relevant parties.
Revlon's Successful Out-of-Court Exchange Offer
Revlon, a leading global beauty company, in its subsidiary’s successful out-of-court exchange offer.
American Achievement Corporation's Involuntary Chapter 11 Cases
Affiliates of Prudential Capital Partners and Onex Falcon as petitioning creditors in the involuntary chapter 11 cases and subsequent consensual out-of-court restructuring of American Achievement Corporation, a leading publisher of yearbooks, manufacturer and direct marketer of scholastic and graduation products, and provider of graduation commencement services.
Recapitalization of The IMAGINE Group
The IMAGINE Group, a leading provider of visual print communications and experiential marketing solutions, in its recapitalization transaction, which involved a $550 million deleveraging and a $100 million new money investment.
Guitar Center's Prepackaged Chapter 11 Cases
The Carlyle Group, as a plan sponsor and post-bankruptcy new money investor in the prepackaged chapter 11 cases of Guitar Center, the world’s leading musical instrument retailer. The plan provided for Carlyle to invest up to $65 million in the company in exchange for one-third of the post-reorganization common equity.
Brooks Brothers's Chapter 11 and Successful Stalking Horse Bid
SPARC Group, a retail operator owned by Authentic Brands Group and Simon Property Group, in its successful going concern acquisition of substantially all the assets of Brooks Brothers, a New York-based apparel company, in the company’s chapter 11 case.
Lucky Brand's Chapter 11 and Acquisition
SPARC Group LLC in its acquisition of substantially all the assets of Lucky Brand Dungarees, a California-based designer and retailer of denim and apparel, in connection with Lucky Brand's chapter 11 proceedings.
J.Jill's Out-of-Court Restructuring
TowerBrook Capital Partners in an out-of-court restructuring of more than $230 million of outstanding term loan debt of its portfolio company J.Jill, a nationally recognized women’s apparel brand.