A top-notch restructuring group, capable of handling the biggest and the most difficult restructuring from either company side or creditors’ side. 
- Chambers USA, Band 1 Bankruptcy/Restructuring (Nationwide and NY)
Chatham Asset Management Acquires The McClatchy Company
- Client News
- September 4, 2020
Paul, Weiss advised Chatham Asset Management, LLC and its affiliated or managed funds in its approximately $325 million acquisition of substantially all of the assets of The McClatchy Company, a Sacramento-based publishing company that operates 29 daily newspapers in 14 states, through a cash and credit bid under section 363 of the U.S. Bankruptcy Code, in connection with The McClatchy Company’s chapter 11 cases. The acquisition was approved by the U.S. Bankruptcy Court for the Southern District of New York.
The Paul, Weiss team included, among others, restructuring partners Andrew Rosenberg and Elizabeth McColm; corporate counsel Chaim Theil and Suhan Shim; litigation partner William Clareman; tax partner Scott Sontag; real estate partner Peter Fisch; intellectual property partner Charles Googe; and antitrust counsel Marta Kelly.