Overview

Financial distress in a global context presents unique challenges that require specialized experience. Our cross-border restructuring team has experience in navigating distressed situations with significant international components, whether arising from macroeconomic shifts, regulatory changes or unforeseen crises. We have developed innovative strategies to achieve successful outcomes for clients across industries, such as energy, technology, retail and finance.

We represent debtors and ad hoc creditor groups in complex international cases, offering strategic insights on restructuring options, debtor-in-possession and exit financing solutions. Through collaboration and innovation, we guide our clients through cross-border insolvency, protecting their interests in the global marketplace.

Experience

Advised Altice France S.A. and Altice France Holding S.A. on the launch of their historic balance sheet restructuring involving more than €24 billion of debt, whereby Altice France and Altice France Holding entered into restructuring framework agreements with holders of their term loans, senior secured notes and senior notes.
Represented Arrival on navigating their distressed situation, including putting in place unique and innovative secured bridge financing and concurrent convertible bond exchange, a first in the European market, and subsequent strategic sale transaction
Represented SEKO Logistics, a global end-to-end logistics partner with 150 offices in more than 60 countries, in its out of court restructuring of approximately $1.1 billion of debt with the unanimous participation of SEKO’s lenders.
Representing Exactech, Inc. and its affiliated debtors in their pending chapter 11 cases involving the restructuring of more than $350 million of prepetition debt, as well as additional prepetition liabilities.
Represented Bain and World Wide Packaging, LLC (“WWP”) consensually transition ownership from Bain to WWP’s secured lender through an out-of-court sale process.
Represented the largest equity holder and junior DIP Lender to Yellow Corporation and its affiliates, in its pending chapter 11 cases.
Represented ad hoc group of second lien lenders of Petmate, a supplier and manufacturer of pet products, in connection with its out-of-court restructuring of approximately $600 million of funded debt.
Represented Charlesbank Equity Fund IX in its capacity as note agent for nearly $60 million in secured notes as well as Reef Lifestyle, LLC, a sister company to The Rockport Company, in the Rockport chapter 11 cases.
Represented iMedia Brands, Inc. and its affiliated debtors in their pending chapter 11 cases, which involved the restructuring of approximately $300 million of obligations.
Represented Trinseo Materials Operating S.CA. and certain affiliates in a $1.1 billion innovative financing transaction addressing the company’s 2024 senior secured term loans and $385 million of its 2025 unsecured bonds.
Represented an ad hoc group of creditors to Intrum, a European debt collection business.
Represented FORMA Brands, a cosmetics platform, in a sale to a group of its secured lenders through voluntary chapter 11 proceedings and in obtaining $33 million in DIP financing from the investor group.
Represented an ad hoc group of first and second lien lenders of CHC Group, in approximately $100 million of new money financing and an out-of-court exchange involving up to $500 million of existing first and second lien debt.
Represented an ad hoc group of bondholders to Convene Group, in relation to its restructuring by means of a debt to equity transaction, and subsequent recapitalization.
Represented an ad hoc group of creditors to Logan, a Chinese real estate developer.
Representing an ad hoc group of noteholders of Quotient Limited in relation to its Chapter 11 proceedings.
Acting for a leading private equity business in relation to the restructuring of a German manufacturing company.
Represented Lebara, a European telecom business, on the refinancing of the group’s capital structure.
Acting for Bain Capital Credit in connection with a US$275 million holdco financing and related investment to support Mohegan Gaming & Entertainment’s US$1.55 billion Phase 1 development of the INSPIRE Entertainment Resort in South Korea.
Represented Triton Investment Management in relation to the refinancing of the Cata Electrodomesticos group, including the provision of new liquidity.