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)
KKR Completes Acquisition of Angelica Corporation
- Client News
- June 11, 2017
Paul, Weiss represented KKR in its $160 million acquisition of Angelica Corporation, a medical laundry services provider, via a combined credit bid and cash. KKR executed the transaction through a court-supervised sale process pursuant to section 363 of the Bankruptcy Code; the U.S. Bankruptcy Court for the Southern District of New York approved the sale on June 23. Under KKR's ownership, the business will retain the Angelica name and continue to be the leading provider of linen services to the healthcare industry, serving more than 3,800 hospitals, clinics and long-term care facilities across the country.
The Paul, Weiss team included, among others, bankruptcy partners Brian Hermann and counsel Lauren Shumejda and Diane Meyers; corporate counsel Ji Lu; employee benefits partner Robert Fleder and counsel Uri Horowitz and Reuven Falik; tax partner Scott Sontag; real estate partner Peter Fisch; intellectual property partner Chuck Googe; environmental counsel William O’Brien; and litigation partner Andrew Gordon.