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)
2022 Restructuring Department Highlights
Even in a year marked by fewer major restructurings, our team played a leading role in many of the most significant matters. Below are some of our largest matters that have kept us busy in 2022.
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Mallinckrodt's Restructuring
An ad hoc committee of noteholders of Mallinckrodt, a leading global biopharmaceutical company, in (a) Mallinckrodt’s chapter 11 cases and (b) a prior out-of-court exchange of $495 million of senior unsecured debt for new first lien senior secured notes, on a par-for-par basis.
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Nordic Aviation's Prearranged Chapter 11
Azorra Aviation, a commercial aircraft leasing company, in its acquisition and recapitalization of certain aircraft owning silos of Nordic Aviation Capital pursuant to a prearranged chapter 11 plan process.
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Out-of-Court Refinancing of CHC Group
CHC Group, one of the largest providers of helicopter services, in connection with a comprehensive out-of-court recapitalization transaction involving the reduction of up to $520 million in funded debt and over $100 million in new money and other liquidity enhancements.
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Boart Longyear’s Chapter 15 Cases
Secured and unsecured lenders of Boart Longyear, an Australian registered supplier of drilling services, drilling equipment and performance tooling, in its recapitalization transaction which reduced approximately $795 million of the company’s debt through two Australian court-approved schemes of arrangement and companion chapter 15 proceedings by the U.S. Bankruptcy Court for the Southern District of New York.
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The Collegiate Churches of New York
The Collegiate Churches of New York, the oldest operating church in the United States, in connection with its investment in a major commercial real estate development project in New York City.
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Gulf Coast Healthcare
Barrow Street Capital in restructuring its equity investment in Gulf Coast Healthcare, a Florida healthcare and nursing home provider, pursuant to a chapter 11 plan of liquidation in the District of Delaware.
