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)
Gibson Brands Commences Chapter 11
- Client News
- May 1, 2018
Practices
Paul, Weiss is representing an ad hoc committee of Gibson Brands, Inc. noteholders, including KKR, in connection with Gibson’s chapter 11 proceedings. Gibson Brands is an iconic American manufacturer of guitars, other musical instruments and professional audio equipment based in Nashville, Tennessee. The company has received commitments for $135 million of debtor-in-possession financing from our clients, which will provide it with the liquidity necessary to maintain its operations during its reorganization proceedings. The company has also entered into a restructuring support agreement with our clients, who hold approximately 68 percent of its senior secured notes due in 2018.
The Paul, Weiss team includes, among others, bankruptcy partner Brian Hermann and counsel Robert Britton and Diane Meyers; corporate partners Raphael Russo and Brian Kim and counsel Chaim Theil and Bruce Gruder; litigation partners Jacqueline Rubin, Daniel Kramer and Aidan Synnott; tax partner Lindsay Parks; and employee benefits counsel Jason Ertel.