ProfessionalsSamuel E. Lovett
The Paul, Weiss Bankruptcy & Corporate Reorganization Department serves as a critical advisor in almost every major, complex restructuring matter, helping companies, creditors and investors facing rapid market transformation respond to business challenges with comprehensive and innovative strategies. Diversity of matters and clients, senior-level attention and seamless delivery of multidisciplinary services distinguish the practice.
A counsel in the Bankruptcy and Corporate Restructuring Department, Sam focuses his practice on all aspects of corporate restructuring and bankruptcy. From 2012 through 2014, Sam resided in the firm's London office.
Sam has been involved in major U.S. and international restructurings and bankruptcies, including:
- An ad hoc group of first lien lenders in the chapter 11 restructuring of Windstream Holdings, Inc., a leading provider of advanced network communications and technology solutions for businesses across the United States with over $5 billion in funded debt obligations;
- An ad hoc group of holders of prepetition secured notes and DIP notes issued by the holding company that owned Toys “R” Us’s international business in (1) the restructuring of Toys “R” Us and certain of its subsidiaries through concurrent proceedings in the U.S. and multiple foreign jurisdictions and (2) the issuance to our clients of $455 million of debtor-in-possession notes, the proceeds of which have been used to fund the company’s international businesses;
- Caesars Entertainment Corporation in connection with the chapter 11 cases of its subsidiary Caesars Entertainment Operating Company, Inc. (“CEOC”) and certain of CEOC’s wholly owned subsidiaries;
- an ad hoc group of unsecured noteholders in connection with the prepackaged chapter 11 cases of Halcón Resources Corporation and certain of its subsidiaries involving approximately $3 billion in secured and unsecured debt;
- the Official Committee of Unsecured Creditors of Paragon Offshore plc, a U.K. offshore drilling company servicing oil and gas companies with operations in Brazil, Mexico, the North Sea, the Middle East, and elsewhere;
- Funds managed by affiliates of Apollo Global Management, LLC in connection with the out-of-court restructuring and acquisition of Endemol, a television production and distribution company, including the financing required to acquire Endemol and the creation of the joint venture involving Endemol and 21st Century Fox-owned Shine Group;
- Kodak Limited in connection with the chapter 11 cases of Eastman Kodak Company (“Kodak”) and certain of its subsidiaries;
- Bicent Holdings, LLC and its subsidiaries and affiliates, owners and operators of a portfolio of electric generation plants and an electric power industry services business, in connection with their pre-arranged chapter 11 case;
- the senior secured lenders to Australian-based Nine Entertainment Group in the restructuring of more than AU$2 billion of debt by means of a scheme of arrangement under which the lenders became the principal equity holders of the reorganized company;
- a wide range of matters for several fund clients in the Lehman Brothers chapter 11 case;
- the ad hoc committee of bondholders of Quebecor Inc. in the company’s cross-border U.S. and Canadian bankruptcy filings;
- Oaktree Capital as lender and plan sponsor in the chapter 11 case of Aleris International, a global producer and seller of aluminum rolled products;
- the ad hoc committee of noteholders of Horizon Lines, Inc. in connection with the company’s out-of-court restructuring and structuring of post-restructuring financing;
- the ad hoc committee of bondholders of GMAC in a $28.5 billion debt-exchange offer, one of the largest exchange offers ever consummated;
- the bondholders of Nortek, Inc. in connection with the company’s prepackaged chapter 11 reorganization, which cut Nortek’s total debt by roughly $1.3 billion;
- Alpha Media Group, publisher of Maxim Magazine, in connection with its out-of-court restructuring; and
- the joint venture that owns the iconic Fontainebleau Miami Beach Hotel in the successful completion of its out-of-court restructuring of more than $840 million in debt.
Sam served as a senior editor of the Journal of International Law & Business.