Brooks Brothers Enters $305MM Stalking Horse Agreement with SPARC Group

Brooks Brothers filed a motion in the United States Bankruptcy Court for the District of Delaware to obtain court approval of an asset purchase agreement with stalking horse bidder SPARC Group.

July 24, 2020 Ankura Consulting Group | Authentic Brands Group | Brooks Brothers | PJ Solomon | SPARC Group | Weil Gotshal & Manges Phil Neuffer

Bankruptcy Court Approves $250MM DIP for 24 Hour Fitness

The U.S. Bankruptcy Court for the District of Delaware approved the first day motions related to 24 Hour Fitness’ voluntary Chapter 11 filing, including access to $250 million in debtor-in-possession financing.

June 18, 2020 24 Hour Fitness | FTI Consulting | Lazard | Tony Ueber | Weil Gotshal & Manges Phil Neuffer

FTI Consulting Advises 24 Hour Fitness Through Chapter 11

FTI Consulting is acting as restructuring advisor for 24 Hour Fitness, which filed for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. 24 Hour Fitness expects to secure $250 million in debtor-in-possession financing.

June 15, 2020 24 Hour Fitness | FTI Consulting | Lazard | Tony Ueber | Weil Gotshal & Manges Phil Neuffer

Skillsoft Files Chapter 11, Receives Commitment for $60MM DIP Facility

AlixPartners is serving as financial advisor to Skillsoft, which entered into a restructuring support agreement with a majority of its first and second lien lenders and filed prepackaged Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware.

June 15, 2020 AlixPartners | Houlihan Lokey Capital | John Frederick | Skillsoft | Weil Gotshal & Manges Phil Neuffer

AlixPartners Advises Jason Industries on Restructuring Plan

AlixPartners is acting as restructuring advisor to Jason Industries, which entered into a restructuring support agreement with certain of its senior secured lenders. Jason Industries also will pursue protection under Chapter 11 of the U.S. Bankruptcy Code.

June 8, 2020 AlixPartners | Brian Kobylinski | Houlihan Lokey Capital | Jason Industries | Kirkland & Ellis | Moelis & Company | Weil Gotshal & Manges Phil Neuffer

Ankura, Houlihan Lokey Advise Exide Technologies During Chapter 11 Proceedings

Ankura is serving as financial advisor, Houlihan Lokey is serving as investment banker and Weil, Gotshal & Manges is serving as legal counsel to Exide Technologies, which filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code.

May 20, 2020 Ankura | Exide Technologies | Houlihan Lokey | Tim Vargo | Weil Gotshal & Manges 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

Weil Wins Practice Group of the Year Awards

Law360 honored Weil, Gotshal & Manges with six “Practice Group of the Year” awards. The recognition reflects the firm’s successes for its clients in 2014 in bankruptcy, capital markets, energy, M&A, private equity and technology.

February 19, 2015 Weil Gotshal & Manges ABF Journal

Weil Advises American Securities in Presidio Sale

Weil Gotshal & Manges said it is advising American Securities and Presidio Holdings in the sale of Presidio to funds affiliated with Apollo Global Management. The terms of the deal were not disclosed.

December 8, 2014 Weil Gotshal & Manges ABF Journal

Weil, Gotshal Legal Counsel to ConvergeOne in Sale

Private equity firm Genstar Capital Management announced the sale of its portfolio company ConvergeOne to Clearlake Capital. Weil, Gotshal & Manges served as legal counsel to ConvergeOne.

May 15, 2014 ConvergeOne | Weil Gotshal & Manges ABF Journal