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
Supermarket, Restaurant & Other Food Services
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.
Bumble Bee's Chapter 11 Case
Bumble Bee Foods, one of the world's largest branded shelf-stable seafood providers, and its affiliates, as lead U.S. counsel in the successful going-concern sale of its businesses for $928 million through coordinated chapter 11 cases and Canadian restructuring proceedings.
Cici's Chapter Cases
Continental Grain Company and Arlon Food and Agriculture Partners in the prepackaged chapter 11 cases of CiCi’s Holdings and certain of its affiliates.
KKR as Agent and Lender in NPC International's Chapter 11 Cases
KKR, as agent and lender, in connection with NPC International’s bankruptcy cases. NPC’s confirmed chapter 11 provides for the distribution of proceeds from the court-approved sales of the debtors’ Wendy’s and Pizza Hut businesses, to Flynn Restaurant Group and a consortium of Wendy’s franchisees, for a combined purchase price of approximately $801 million. NPC anticipates closing the sales and effectuating the plan by the second quarter of 2021.
Country Fresh's Chapter 11 Cases
An ad hoc group of prepetition and postpetition lenders in the chapter 11 cases of Country Fresh and its affiliates, a provider of fresh-cut fruit, vegetable and snack foods, involving approximately $132 million in secured debt.
Apollo Global Management in CEC Entertainment's Chapter 11 Cases
Apollo Global Management in a restructuring of its equity investment in CEC Entertainment, a leading provider of family dining and entertainment venues including Chuck E. Cheese, in their chapter 11 cases currently pending in the Southern District of Texas.
Dean Foods Company Chapter 11 Case
An ad hoc group of unsecured noteholders in connection with the chapter 11 cases of Dean Foods Company, the largest processor and direct-to-store distributor of fresh fluid milk and other dairy products in the United States, involving approximately $1.1 billion in secured and unsecured debt.
Tops Holdings’ Chapter 11 Cases
An ad hoc committee of senior secured noteholders of Tops Holding LLC and Tops Markets II Corporation, a leading upstate New York-based supermarket chain with approximately 170 locations, in Tops’ chapter 11 cases.
Country Fresh Holdings’ Out-Of-Court Restructuring
An ad hoc group of first lien lenders in connection with the out-of-court restructuring of Country Fresh Holdings Company, a provider of fresh-cut fruits and vegetables and snacking solutions. The company’s restructuring provided for, among other things, (a) the exchange of approximately $400 million of existing secured indebtedness into $60 million of second lien debt and 100% of the company’s reorganized equity, and (b) a new-money cash infusion of approximately $35 million to afford significant financial flexibility to support the company's long-term growth prospects.
Buffets Restaurant Holdings' Prearranged Chapter 11 Cases
Buffets Restaurant Holdings and its subsidiaries and affiliates, one of the largest national chains in the restaurant industry family dining segment, in negotiating and consummating their prearranged chapter 11 cases that resulted in the restructuring of $250 million of secured and unsecured debt.
Hostess Brands' Chapter 11 Case
Silver Point Capital, as prepetition and postpetition agent for lenders to Hostess Brands, a leading manufacturer of bread and snack cakes, in connection with all aspects of its chapter 11 case.