Alvarez & Marsal Advises Intelsat on Financial Restructuring

Alvarez & Marsal is serving as restructuring advisor, Kirkland & Ellis is serving as legal counsel and PJT Partners is serving as financial advisor to Intelsat, which filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Eastern District of Virginia, Richmond Division.

May 14, 2020 Alvarez & Marsal | Intelsat | Kirkland & Ellis | PJT Partners | Stephen Spengler Phil Neuffer

PJT Partners, RBC Capital Markets Advise on iCapital Acquisition of Artivest

iCapital Network and Artivest entered into a definitive agreement under which iCapital will acquire the Artivest platform and operating businesses. PJT Partners served as financial advisor to iCapital Network and RBC Capital Markets served as financial advisor to Artivest.

May 13, 2020 Artivest | iCapital Network | Lawrence Calcano | Martin Beaulieu | Morrison & Foerster | PJT Partners | RBC Capital Markets | Ropes & Gray Phil Neuffer

Anchorage, GSO, Davidson Kempner Provide $400MM DIP Facility to J. Crew

Anchorage Capital Group, GSO Capital Partners and Davidson Kempner Capital Management committed to provide a $400 million debtor-in-possession financing facility and exit financing to J. Crew, which filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code.

May 4, 2020 AlixPartners | Anchorage Capital Group | GSO Capital Partners and Davidson Kempner Capital Management | J. Crew | J. Crew Group | Jan Singer | Kevin Ulrich | Lazard | Libby Wadle | Madewell | Milbank | PJT Partners | Weil Gotshal & Manges Phil Neuffer

Alvarez & Marsal Advises Whiting Petroleum on Restructuring During Chapter 11 Process

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.

April 27, 2020 Alvarez & Marsal | Bradley J. Holly | Jackson Walker | Jeffrey S. Stein | Kirkland & Ellis | Moelis & Company | Paul Weiss Rifkind Wharton & Garrison | PJT Partners | Porter Hedges | Stein Advisors | Whiting Petroleum Phil Neuffer

JP Morgan Agents $350MM Facility for Eros, STX Merger

JP Morgan is serving as administrative agent on a $350 million senior credit facility in connection with the merger of Eros International and STX Entertainment.

April 20, 2020 Citigroup Global Markets | Eros International | Gibson Dunn & Crutcher | JP Morgan | Kirkland & Ellis | Kishore Lulla | PJT Partners | Robert Simonds | STX Entertainment Phil Neuffer

Alvarez & Marsal Serves as Restructuring Advisor as Whiting Petroleum Enters Chapter 11

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.

April 2, 2020 Alvarez & Marsal | Bradley J. Holly | Jeffrey S. Stein | Kirkland & Ellis | Moelis & Company | Paul Weiss Rifkind Wharton & Garrison | PJT Partners | Stein Advisors | Whiting Petroleum Phil Neuffer

AlixPartners Supports Constellis Recapitalization

AlixPartners provided a managing director to serve as chief restructuring officer and served as restructuring and operations advisor to Constellis, which completed a debt de-levering and recapitalization transaction with consent from 100% of its term loan and revolving lenders.

March 31, 2020 Akin Gump Strauss Hauer & Feld | AlixPartners | Constellis | Dunn & Crutcher | Gibson | Houlihan Lokey | PJT Partners | Tim Reardon Phil Neuffer

First Republic Supports PJT Partner CamberView Buy

PJT Partners completed its acquisition of CamberView Partners Holdings. First Republic Bank provided a $30 million term loan to support the transaction.

October 3, 2018 CamberView Partners | First Republic Bank | PJT Partners ABF Journal

Wilmington Trust Agents $325MM DIP for Appvion

The U.S. Bankruptcy Court approved Appvion’s official committee of unsecured creditors’ stipulation amending the final DIP order to extend the challenge period. Wilmington Trust had agreed to provide a $325.2 million term loan for the papermaker.

January 3, 2018 Appvion | PJT Partners | Wilmington Trust ABF Journal

Wilmington Trust Agents $85MM DIP for Appvion

Appvion filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Court for the District of Delaware to facilitate a balance sheet restructuring and better position the business for long-term growth and success.

October 2, 2017 Appvion | PJT Partners | Wilmington Trust ABF Journal