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Cravath, Swaine & Moore LLP

WORLDWIDE PLAZA, 825 EIGHTH AVENUE, 10019-7475, USA
Tel:
Work +1 212 474 1000
Fax:
Fax +1 212 474 3700
Email:
Web:
www.cravath.com
London, NEW YORK

Paul Zumbro

Tel:
Work +1 (212) 474-1036
Email:
Cravath, Swaine & Moore LLP

Work Department

Corporate.

Position

Paul H. Zumbro is a partner in Cravath’s Corporate Department and serves as the Head of the Firm’s Financial Restructuring & Reorganization practice. His practice focuses on restructuring transactions and related financings, both in and out of court, as well as bankruptcy M&A transactions.

Mr. Zumbro’s practice includes advising the Firm’s corporate and financial institution clients on bankruptcy issues and advising on creditor rights in a variety of contexts. He regularly represents agents and arrangers in debt restructurings and debtor‑in‑possession (DIP) financings. His debt restructuring experience also includes work in the fields of municipal and sovereign debt restructuring.

Mr. Zumbro also has extensive experience in non‑distressed leveraged finance, having represented the arranger banks in several multibillion‑dollar LBO financings, including for Freescale Semiconductor, Neiman Marcus and Warner Chilcott. He also acts on the borrower side, representing sponsors and borrowers in acquisition and non‑acquisition related credit facilities.

Career

Mr. Zumbro joined Cravath in 1997 and became a partner in 2005.

Mr. Zumbro has been recognized as a leading lawyer in banking and finance by Chambers USA: America’s Leadings Lawyers for Business in 2016; Chambers Global: The World’s Leading Lawyers for Business in 2017; The Legal 500 in 2009, 2012, 2013 and 2016; and IFLR1000 from 2013 through 2017. He has also been cited by The Legal 500 for his skill in corporate restructuring from 2010 through 2012. In 2017, Mr. Zumbro was named by Lawdragon as one of “500 Leading Lawyers in America.”

Member

Mr. Zumbro is a member of the American Bankruptcy Institute, the International Bar Association (IBA) and the IBA’s Banking Law and Insolvency, Restructuring and Creditors’ Rights Committees. He co‑authored the United States section in the Practical Law Company’s Cross‑Border Finance Handbook (2006/07; 2008/09 and 2011) and has authored several pieces relating to DIP financings. Mr. Zumbro recently participated in the American Bankruptcy Institute’s 2016 “Winter Leadership Conference” and spoke on a panel entitled “DIP Best Practices.”

Education

Mr. Zumbro received a B.A. cum laude and with Distinction in the Major from Yale College in 1992 and a J.D. from Columbia Law School in 1997, where he was a Stone Scholar.


United States: Finance

Commercial lending

Within: Commercial lending

Cravath, Swaine & Moore LLP has a first-class commercial lending team where the partners are equally comfortable representing lenders as well as corporate borrowers. The retirement of James Cooper is a major changing of the guard, not just for the firm, but for the industry as a whole. Nevertheless, the team has enough quality in its ranks to make up for it, including corporate managing partner Jed Zobitz, banking head Michael Goldman, Tatiana Lapushchik, Stephen Kessing, Joseph Zavaglia, and Paul Zumbro. On the lender side, the firm advised JPMorgan Chase on the $2bn-plus financing of American Axle & Manufacturing’s acquisition of Metaldyne Performance Group. The firm also represented aircraft leasing company AerCap on a $3.745bn four-year revolving credit facility arranged by Citibank.

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