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
December 4, 2020
Corporate partner Andrew Parlen was quoted in an article, “What to Make of the Credit Cycle: Pros Say,” in the December 2 issue of the PETITION newsletter. PETITION offers curated news for the distressed investing, restructuring and legal sectors. The article discussed private equity and capital market trends related to the pandemic. “[W]hile there has certainly been a lot of Chapter 11 activity since the pandemic hit, parties have also pursued a wide range of refinancing, recapitalization and out-of-court restructuring options—not just revolver drawdowns and requests for covenant relief, but also new (often short-term) debt, equity raises and PIPEs or preferred equity investment by sponsors—to support and create runway for companies impacted by the pandemic,” Andrew says in the article.
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