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Weil, Gotshal & Manges LLP

767 5TH AVENUE, NEW YORK, NY 10153, USA
Tel:
Work +1 212 310 8000
Fax:
Fax +1 212 310 8007
Web:
www.weil.com

Gary Holtzer

Tel:
Work +1 212 310 8463
Email:
Weil, Gotshal & Manges LLP

Career

Domestic and international restructurings, crisis management, corporate governance, financings and acquisitions involving distressed situations. Lead role in company side restructurings includes Endeavour International, LodgeNet, Financial Guaranty Insurance Company, General Growth, Highland Hospitality, Nortek, Pilgrim's Pride, Panolam, TI Auto, Vertis Holdings, Silicon Graphics, and Parmalat. Represented investors, lenders and purchasers in the following, Dendreon, City of Detroit, Energy Future Holdings, Aquilex, Ener1, Penton Media, Circuit City, Sea Containers, Calpine, Montgomery Ward, Kmart, Comdisco, and Conseco Finance. Adjunct Professor, Cardozo School of Law; Fellow of the American College of Bankruptcy.

Education

Cornell University; Benjamin N. Cardozo School of Law.


United States: Finance

Restructuring (including bankruptcy): corporate

Within: Restructuring (including bankruptcy): corporate

Weil, Gotshal & Manges LLP fields a very strong company-side practice which recently acted as debtors counsel in the cross-border bankruptcy proceeding of Westinghouse Electric Company, which comprised liabilities of $9bn: a team including Gary Holtzer and Garrett Fail advised on strategic planning, Chapter 11 proceedings as well as on obtaining Westinghouse’s $800m DIP loan. In other work, Marcia Goldstein is leading representation of Takata Corporation‘s $3.9bn restructuring and in the distressed retail sphere, the practice advised J. Crew Group on its out-of-court restructuring and Bain Capital as private equity sponsor on The Gymboree Corp’s Chapter 11. Additionally, the practice takes on notable creditor-side engagements: Matt Barr recently acted for the official committee of unsecured creditors of SunEdison. The team is jointly led by Holtzer, Barr and Ray Schrock and welcomed Ryan Dahl from Kirkland & Ellis LLP’s Chicago office. Other changes to the group include David Griffiths’ promotion to the partnership, Michael Walsh’s retirement and Brian Rosen’s departure to Proskauer Rose LLP. All lawyers referred to herein are based in New York unless otherwise indicated.

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