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)
Paul, Weiss Advises Ad Hoc Term Lender Group in Covia Bankruptcy
- Client News
- June 29, 2020
Paul, Weiss advised an ad hoc group of term loan lenders in connection with the prearranged chapter 11 case of Covia Holdings Corporation in U.S. Bankruptcy Court for the Southern District of Texas.
Covia, a leading provider of diversified mineral-based and material solutions for the global energy and industrial markets, entered into a restructuring support agreement with the ad hoc term lenders group that restructures approximately $1.6 billion of secured debt and rejects and restructures its burdensome railcar leases.
The Paul, Weiss team includes, among others, restructuring partners Brian Hermann, Andrew Parlen and Kyle Kimpler and counsel Diane Meyers; corporate partners Jeffrey Marell, David Huntington and Sarah Stasny; tax partner Robert Holo; real estate partner Peter Fisch; entertainment partner Charles Googe; and environmental counsel William O’Brien.