Charles Pesant joined Paul, Weiss, Rifkind, Wharton & Garrison as a partner in the corporate department and the securitization practice group. He will be based in the firm’s New York office. Pesant focuses his practice on domestic and cross-border structured finance deals.
GNC Holding and certain of its secured lenders and key stakeholders reached an agreement to pursue a dual-path process that will allow the company to restructure its balance sheet and accelerate its business strategy through Chapter 11 of the U.S. Bankruptcy Code.
Andrew M. Parlen joined Paul, Weiss, Rifkind, Wharton & Garrison as a partner in the restructuring department in the firm’s New York office.
Berkeley Research Group is serving as financial advisor for Neiman Marcus Group, which commenced voluntary Chapter 11 proceedings and secured DIP financing of $675 million from its creditors.
Alvarez & Marsal is serving as restructuring advisor and Lazard Frères & Co is serving as financial advisor to Diamond Offshore Drilling, which filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
Alvarez & Marsal is acting as restructuring advisor and Jeffrey S. Stein of Stein Advisors is acting as chief restructuring officer for Whiting Petroleum, which entered into a restructuring support agreement and filed for a consensual Chapter 11 plan of reorganization.
Alvarez & Marsal is acting as restructuring advisor and Jeffrey S. Stein of Stein Advisors is acting as chief restructuring officer for Whiting Petroleum, which commenced voluntary Chapter 11 bankruptcy proceedings.
Jonathan H. Ashtor, Rachael G. Coffey, Alexia D. Korberg, Caith Kushner, Kyle T. Seifried, Brette Tannenbaum and Austin Witt have been elected to the Paul, Weiss, Rifkind, Wharton & Garrison partnership.
Jeannie S. Rhee, a former U.S. deputy assistant attorney general and most recently a leading prosecutor in the office of Special Counsel Robert Mueller, is joining Paul, Weiss, Rifkind, Wharton & Garrison as a partner.
Charles F. Rule, Jonathan S. Kanter, Joseph J. Bial and Andrew J. Forman will join Paul, Weiss, Rifkind, Wharton & Garrison as partners in its Antitrust Group, in Washington, D.C.