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Debevoise & Plimpton LLP

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

My Chi To

Work 212 909 7425
Debevoise & Plimpton LLP

Work Department

Restructuring, Litigation, Bankruptcy Litigation, Financial Institutions, Insurance Capital

United States: Finance

Restructuring (including bankruptcy): corporate

Within: Leading lawyers

My Chi To - Debevoise & Plimpton LLP

Within: Restructuring (including bankruptcy): corporate

Debevoise & Plimpton LLP has a notable focus on representing private equity and hedge funds, and has particular experience in the insurance sector. The multidisciplinary team is led by ‘go-to reorganization expert’ Natasha Labovitz, who assisted David’s Bridal in developing balance sheet options with respect to its $750m funded term loan and bond debt. Also notable in the team is My Chi To, who is leading for Crescent Capital Group, KKR Credit Advisors and GoldPoint Partners, as holders of approximately $188m of senior secured notes of the Rockport Company and its subsidiaries. The department advised in the sale of Rockport’s business as a going concern to Charlesbank Capital Partners. The firm also represents Georgia-Pacific and Koch Industries in the Chapter 11 proceedings of Bestwall in the US Bankruptcy Court for the Western District of North Carolina. The client is party to a funding agreement whereby it agrees to fund all of Bestwall’s asbestos liability including any trust established in the bankruptcy. The firm also assisted Georgia-Pacific Holdings in a reorganization of its corporate structure that separated its main operating businesses from the Bestwall unit to ensure that it is excluded from the Chapter 11 filing. Christopher Updike left the firm to take up the position of general counsel at Stretto.

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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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