Debevoise Advises Brigade in Connection with Avaya’s Pre-Packaged Chapter 11 Bankruptcy Proceeding

27 March 2023

Debevoise & Plimpton LLP is advising Brigade Capital Management, the second largest holder of secured debt issued by Avaya, Inc., in connection with Avaya’s pre-packaged chapter 11 bankruptcy proceeding. Avaya’s fully consensual plan, which was confirmed by the United States Bankruptcy Court for the Southern District of Texas on March 22, 2023 with overwhelming creditor support, provides for substantial deleveraging of the company. For more information, please see Avaya’s press release.

Avaya is a global leader in digital communications products, solutions and services for businesses of all sizes, with 90,000 direct and indirect customers in more than 190 countries around the world.

The Debevoise team is led by restructuring partner Sidney Levinson and includes associates Emily MacKay and Rory Heller and law clerk Zachary Pollack, M&A partner Kevin Schmidt, capital markets partner Nicholas Pellicani and associates Paul Lowry, Michael Stephan and Beatrice Techawatanasuk, tax partner Michael Bolotin and associate Robert Nelson-Sullivan, finance partner Paul Brusiloff, financial institutions counsel Keith Slattery, and commercial litigation partner Maeve O’Connor and associate Brandon Fetzer.