Latham & Watkins added Joe Zujkowski as a partner in the restructuring and special situations practice. Zujkowski represents debtors, ad hoc creditor groups and individual creditors in in-court and out-of-court restructurings and in executing complicated financing transactions.
Tracey A. Zaccone and Justin Rosenberg joined law firm Latham & Watkins’ New York office as partners in the hybrid capital and mergers and acquisitions and private equity practice, respectively.
Radio content company Audacy entered into a restructuring support agreement to reduce funded debt by $1.6 billion. In connection with the restructuring, Audacy filed for Chapter 11 bankruptcy and secured commitments from its existing lenders for $57 million in debtor-in-possession financing.
SSG Capital Advisors served as the investment banker to EFS Parlin Holdings in the sale of its interconnection rights to TigerGenCo, a developer, owner and operator of power generation and energy infrastructure projects.
DigitalBridge Group closed its digital infrastructure credit fund, DigitalBridge Credit (Onshore), together with its parallel vehicles. The fund raised aggregate commitments of $1.1 billion inclusive of related co-investment commitments alongside the fund.
Jennifer Ezring rejoined Latham & Watkins’ New York office as a partner in the banking practice. Ezring has significant experience advising commercial and investment banks on leveraged finance and asset-based lending transactions.
Lucky Bucks, a Class B coin operated amusement machine route operator in Georgia, announced the completion of its restructuring process and successful emergence from Chapter 11 bankruptcy.
Minerals Technologies and its subsidiaries, Barretts Minerals (BMI) and Barretts Ventures Texas filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas to address and comprehensively resolve BMI’s liabilities associated with talc.
Rithm Capital and Sculptor Capital Management entered into a definitive agreement under which Rithm will acquire Sculptor in a transaction valued at approximately $639 million, which includes $11.15 per Class A share of Sculptor.
Ares Management entered into a definitive agreement to acquire 100% of Crescent Point Capital, an Asia-focused private equity firm with approximately $3.8 billion of assets under management.