Tag Archives: AlixPartners

U.S. Bankruptcy Court Approves Garrett Motion’s Plan of Reorganization

The U.S. Bankruptcy Court for the Southern District of New York confirmed Garrett Motion’s plan of reorganization, positioning the company to complete the implementation of the plan, which will be led by funds managed by Centerbridge Partners and Oaktree Capital Management.

Wells and Pathlight Provide $1.5B Combined Facility for JCPenney in Chapter 11 Exit

Wells Fargo provided an ABL facility and Pathlight Capital provided a FILO facility for a total of $1.5 billion in financing for JCPenney after the company sold its retail and operating assets to Simon Property Group and Brookfield Asset Management to exit Chapter 11.