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)
Healthcare & Pharmaceutical
Our restructuring department fields large, multidisciplinary teams that leverage the resources of our firm as a whole. We act on all sides of cutting-edge restructuring transactions across a range of industries.
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PT Network's Credit Facility and Refinancing
PT Network in its $250 million senior secured credit facility in connection with its refinancing of existing indebtedness.
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Rite Aid Corporation
An ad hoc group of second lien noteholders of Rite Aid Corporation, a full-service pharmacy company providing a broad range of services, including retail pharmacy, PBM, and mail order, across 17 states, in connection with its restructuring of $3.4 billion of total funded debt, including $1.05 billion held by the ad hoc group.
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Mallinckrodt
An ad hoc committee of noteholders of Mallinckrodt, a leading global biopharmaceutical company, in (a) Mallinckrodt’s chapter 11 cases and (b) a prior out-of-court exchange of $495 million of senior unsecured debt for new first lien senior secured notes, on a par-for-par basis.
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Envision Healthcare
KKR, as sponsor to Envision Healthcare, in (a) Envision’s chapter 11 cases and (b) in connection with Envision’s entry into $2.6 billion, in aggregate, of new senior secured first and second lien financing facilities and its related $1.5 billion of related discounted debt repurchase transactions and $3.7 billion refinancing transaction.
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Endo Pharmaceuticals
An ad hoc group of first lien, second lien, and unsecured lenders in the chapter 11 restructuring of Endo Pharmaceuticals, a specialty pharmaceutical company. The group comprised approximately of $3.2 billion, nearly forty percent, of the company’s funded debt.
