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Paul Hastings Advises Crossholder Group in $8.8B Restructuring of Diamond Sports

byBrianna Wilson
January 3, 2025
in News

Paul Hastings advised an ad hoc group of crossholder lenders and noteholders, holding a majority of the company’s pre-petition debt and DIP loans, in the $8.8 billion Chapter 11 restructuring and reorganization of Diamond Sports Group.

Financial restructuring co-chair Jayme Goldstein and partner Sayan Bhattacharyya led the team, which also included partners Matthew Schwartz, Chris Guhin, Seth Chandler, Max Kirchner, of counsels Matt Garofalo, Emily Kuznick, Joanne Lau, Gary Silber, and associates Caroline Diaz, Izzy Muncan, Jillian McMillan, Tess Sadler and Maria Heagy.

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