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
Clients around the world call upon our team to resolve their most complex restructuring situations. We have vast experience advising companies across a diverse array of industries regarding in- and out-of-court restructuring, refinancing and recapitalization options and issues. The depth of our company-side experience has made Paul, Weiss the firm of choice for companies seeking strategic and practical guidance to navigate complex and transformative restructuring matters.
Diamond Offshore Drilling's Chapter 11 Case
Diamond Offshore Drilling, a leading provider of offshore drilling services, and 14 of its U.S. and foreign subsidiaries, in their chapter 11 cases in the Southern District of Texas, which provided for the equitization of approximately $2.1 billion in senior unsecured note obligations and the provision of over $625 million of new capital.
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.
U.S. Counsel to Petra Diamonds
U.S. counsel to Petra Diamonds, an independent diamond mining group, in a restructuring of the company’s approximately $600 million in second lien notes through proceedings in the United Kingdom and the United States.
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.
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.
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.
Templar Energy's Prepackaged Chapter 11 Case
Templar Energy, an independent upstream oil and gas company, in its prepackaged chapter 11 cases in the District of Delaware, pursuant to which the company sold substantially all of its assets under section 363 of the Bankruptcy Code.
David's Bridal Out-of-Court Restructuring
David’s Bridal, the nation’s leading bridal and special occasion retailer, in an out-of-court recapitalization transaction which provided for $55 million of new capital from existing lenders and the exchange of more than $275 million in existing term loan debt into new preferred and common equity securities.
Foresight Energy Restructurings
Foresight Energy, a leading producer of thermal coal based in the Illinois basin, in (a) its prearranged chapter 11 case that reduced over $1 billion of its funded indebtedness and (b) an out-of-court restructuring of approximately $2 billion of secured and unsecured debt and a follow-on refinancing of more than $1.3 billion of outstanding indebtedness.