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Debevoise & Plimpton LLP

Work +1 212 909 6000
Fax +1 212 909 6836

Natasha Labovitz

Work +1 212 909 6648
Debevoise & Plimpton LLP

Work Department

Business Restructuring & Workouts




United States: Finance

Restructuring (including bankruptcy): corporate

Within: Restructuring (including bankruptcy): corporate

Debevoise & Plimpton LLP has a rounded practice acting mainly for creditors but also for debtors. On the creditor side, in the SunEdison case, My Chi To is leading the representation of D E Shaw and Co and Madison Dearborn Partners as holders of notes and other claims against the debtor. With litigation partner Shannon Rose Selden and new arrival Christopher Updike, To also represents D E Shaw and Madison in the New York Supreme Court regarding breach of contract claims against TerraForm Power, LLC and TerraForm Power, Inc. The group is a ‘hidden gem’ and, ‘for the cost-benefit they provide, a shop to watch’ and also represented Oaktree Capital in the high-profile Energy Future Holdings Chapter 11. In the retail sector, the firm is representing hedge fund Standard General regarding its distressed investment in the second American Apparel bankruptcy and private equity sponsor Kelso & Company in connection with the prearranged Chapter 11 of Logan’s Roadhouse. In a notable debtor-side engagement, the firm is acting as aircraft counsel to CHC Group in connection with its Chapter 11 proceedings, with Richard Hahn and Jasmine Ball working alongside the firm’s aviation team. Hahn and Natasha Labovitz lead the New York-based team.

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Legal Developments by:
Debevoise & Plimpton LLP

  • Anomalies of insurance law

    Although the courts are often at pains to point out that insurance law is merely a subset of general contract law and should be applied without any concession or discrimination simply because the subject matter is insurance, there are, in fact, several aspects that are peculiar to insurance. An understanding of these anomalies will assist in penetrating the sometimes arcane depths of insurance law. They include:
    - Debevoise & Plimpton LLP

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  • Government puts cartel criminalisation back on the table

    The Minister of Commerce and Consumer Affairs, Kris Faafoi, has today tabled the Commerce (Criminalisation of Cartels) Amendment Bill (the Bill ) in the House.
  • Luxembourg introduces draft legislation to create beneficial ownership registers

    Luxembourg’s government has published draft legislation to incorporate into national law the requirements under articles 30 and 31 of the European Union’s Directive 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, better known as the 4th Anti-Money Laundering Directive. Placed before the Chamber of Deputies on December 6, 2017, draft law no. 7217 would establish a central register of beneficial owners of Luxembourg legal entities such as companies and partnerships under the authority of the minister of justice, while draft law no. 7216 would create a similar register of beneficial owners of fiduciary contracts, that is express trusts, under the authority of the Administration de l’Enregistrement et des Domaines, Luxembourg’s indirect tax authority.
  • The new EU regulation on general data protection 2016/679 (“GDPR”)

  • Spouses and tax demands

    6 Mar 2018 at 04:00 / NEWSPAPER SECTION:
  • What Can You Legally “Watch Free Online” and When?

    Putlocker. BitTorrent. PirateBay. Napster. Mediafire.
  • New Zealand favours English approach to penalties

    A recent High Court decision marks an important step in the development of the approach to the “Penalty Doctrine” in New Zealand – that is, the principle that contractual provisions which allow parties to punish one another disproportionately are unenforceable. Justice Whata’s judgment in Honey Bees v 127 Hobson Street 1 carefully traverses the recent evolution of the doctrine and provides helpful clarification of its application to contracts in New Zealand.
  • Raspberries and IT: New Sector Inquiries by the Serbian Competition Commission

    The Serbian Competition Commission (the " Commission ") recently finished sector inquiries concerning quite distinct industries – raspberries and the public procurement for software and hardware. The aim behind the inquiries was to perform extensive market research and analysis in order to acquire a clearer picture of the possible antitrust issues and risks in two sectors widely perceived as strategic for the development of the Serbian economy.
  • How open is New Zealand to Open Banking

    This week New Zealand hosts the Digital Nations 2030 to discuss what is required to become a truly digital nation by 2030. Open Banking is a critical first step, but where is it on the Government’s agenda?​
  • The Public Administration Electronic Market: the future of public procurement

    The Public Administration Electronic Market is a digital marketplace, created in 2002 and managed by Consip S.p.A., the Italian central purchasing body, on behalf of the Ministry of the Economy and Finance. Through the Ministry, registered authorities can purchase goods and services offered by suppliers that have been vetted and authorised to post their catalogues on the system for values below the European threshold.
  • Even More Sector Inquiries: Sportswear And Oil Retail Under Scrutiny By The Serbian Commission

    The Serbian Competition Commission (the " Commission ") continues its diligent examination of the Serbian competitive landscape in specific industries, this time with inquiries in two more industries – sportswear (including footwear and sporting equipment) and oil (petroleum products). Once again, the aim behind the market test was to identify potential issues on the relevant markets and provide broader insight into the functioning of the relevant markets.