Experience

• • David’s Bridal in its successful pre-packaged Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware, under which David’s Bridal cut its debt by more than $400 million while preserving its business intact and ensuring that 80,000 pending customer orders and all trade claims would be satisfied without interruption.
  • La Paloma Generating Company, a California-based power producer, in its $524 million Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware, a plan for which was successfully confirmed following a disputed confirmation hearing.
  • Georgia-Pacific and Koch Industries in the Chapter 11 proceedings of Georgia-Pacific affiliate Bestwall in the U.S. Bankruptcy Court for the Western District of North Carolina.
  • Kelso & Company, the private equity sponsor of Logan’s Roadhouse, in Logan’s pre-arranged Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. Debevoise also represented Kelso and Logan’s in a privately negotiated exchange offer to holders of Logan’s senior secured notes, resulting in the issuance of over $220 million in new senior secured notes.
  • Getty Images in capital-raising initiatives to complement its existing debt structure and in exploring related balance sheet alternatives with respect to its approximately $2.3 billion in funded debt.
  • Standard General, as a secured and unsecured lender, in clothing manufacturer and distributor American Apparel’s second Chapter 11 proceedings filed in 2017 in the U.S. Bankruptcy Court for the District of Delaware.
  • Altegrity, a global, diversified risk and information services company, together with its operating businesses Kroll, HireRight and USIS, in their pre-negotiated Chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware, in which they successfully restructured more than $1.8 billion in funded indebtedness and consensually resolved significant contested claims that had been asserted by the United States government. This restructuring was honored by Turnarounds & Workouts as one of ten “Successful Restructurings 2015.”
  • American Seafoods, one of the largest seafood companies in North America and one of the largest harvesters of fish in the world, in the successful out-of-court refinancing and restructuring of nearly $1 billion in aggregate funded debt.
  • Berkshire Hathaway as secondary insurer under special revenue water and sewer bond obligations of the City of Detroit totaling $800 million, in Detroit's Chapter 9 bankruptcy case in the U.S. Bankruptcy Court for the Eastern District of Michigan.
  • Chemtura Corporation, one of the largest publicly traded specialty chemical companies in the United States with more than 4,400 employees worldwide and 2010 revenue of $2.8 billion, in its heavily-contested Chapter 11 reorganization in the Southern District of New York.
  • W.R. Grace & Co. and its affiliates in their Chapter 11 cases, in which section 524(g) of the Bankruptcy Code was used to address significant asbestos-related liabilities.
  • Flying J and its affiliates, a fully integrated oil company with operations in the field of exploration, production, refining, transportation, wholesaling and retailing of petroleum products, in their Chapter 11 filing.
  • TOUSA, a publicly traded homebuilder with substantial operations in Florida, the Mid-Atlantic, Texas and the West, and approximately 40 debtor and non-debtor affiliates in their Chapter 11 cases that restructured more than $2 billion in debt obligations, including obligations related to bank debt, senior and subordinated public bond debt, and complex land bank option and development contracts.
  • Solutia and its affiliates in their Chapter 11 cases that restructured more than $3 billion of funded debt and other obligations, involving complex environmental, pension, litigation and indemnification issues.
  • Medicalogic/Medscape and its affiliates in the confirmation of their Chapter 11 liquidating plan.
  • FLAG Telecom Holdings Limited, a London-based worldwide telecommunications provider, in its U.S. and Bermuda insolvency proceedings, which restructured more than $3 billion of debt over a six-month period.
  • Graham-Field Health Products and its affiliates, suppliers of medical and home health care products, in their Chapter 11 cases and asset dispositions.
  • FINOVA and its affiliates in their Chapter 11 restructuring of approximately $11 billion in debt and the sale of a $519 million bridge and fixed-rate commercial mortgage loan portfolio.
  • Primary Health Systems and its affiliates, an integrated health care services company, in asset dispositions and their Chapter 11 cases.
  • Ally Financial and Ally Bank in the Chapter 11 bankruptcy cases filed by Residential Capital, and its subsidiaries.
  • Directors of PlusFunds Group, hedge fund manager for the S&P hedge fund index, in PlusFunds’ Chapter 11 case.
  • BCBG Max Azria in its successful bid to acquire all of the assets of G+G Retail, including over 450 real estate leases.
  • Insurance Management Group in its Chapter 11 plan acquisition of Frontier Insurance Group, Inc. and its subsidiaries.
  • Alliance Gaming Corporation in its successful acquisition of substantially all of the assets of Greate Bay Casino Corporation.