Akin

Partner; Financial Restructuring

Arik represents informal and official committees of creditors, ad hoc groups, debtors, individual creditors, rights offering backstoppers, and rescue, DIP and exit lenders in both in-court and out-of-court restructurings. Arik plays a major role advising victims in many of the largest opioid-related bankruptcy cases in the industry. He has also represented lenders and administrative agents in non-restructuring-related loans, including leveraged loan transactions, mezzanine financings and more traditional loans.

Significant matters include Rite Aid, Purdue Pharma, Mallinckrodt, HONX, Endo International, Insys Therapeutics, Achaogen, Pernix, Hertz, Boy Scouts of America, to name a few.

To learn more about Arik, please visit his full profile: https://www.akingump.com/en/lawyers-advisors/arik-preis.html

Arik is often recognized by Law360, Chambers, Turnarounds & Workouts, The Legal 500, IFLR, among others.

Member, New York Bar

B.A., Wesleyan University, with honors (1997); J.D., University of Virginia School of Law (2000)