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)
Tribune Company Emerges from Bankruptcy
- Client News
- December 31, 2012
Paul, Weiss client Tribune Company emerged from bankruptcy after a four-year odyssey in Chapter 11. Tribune is a media company that owns TV stations including superstation WGN America and iconic newspapers like the Chicago Tribune and the Los Angeles Times.
Paul, Weiss was retained by Tribune in July 2012 to act as special financing counsel to assist the company with its exit financings comprised of a $1.1 billion covenant lite term loan led by JP Morgan and a $300 million asset-based facility led by Bank of America.
The Paul, Weiss team included corporate partner Eric Goodison and counsel Christopher T. Poggi; intellectual property counsel Claudine Meredith-Goujon; real estate partner Mitchell Berg; and tax partner Richard Bronstein.