Mr Paul M. Basta > Paul, Weiss, Rifkind, Wharton & Garrison LLP > New York, United States > Lawyer Profile

Paul, Weiss, Rifkind, Wharton & Garrison LLP
1285 AVENUE OF THE AMERICAS
NEW YORK, NY 10019-6064
United States
Paul M. Basta photo

Work Department

Bankruptcy & Corporate Reorganization

Position

Click Here for Attorney Bio

Education

J.D., George Washington University Law School, 1992
Order of the Coif

B.A., University of Michigan, 1988

Lawyer Rankings

United States > Finance > Restructuring (including bankruptcy): corporate

Within: Leading lawyers -

Paul Basta



Paul, Weiss, Rifkind, Wharton & Garrison LLP

The ‘commercially savvy, always available and completely unflappable’ team at Paul, Weiss, Rifkind, Wharton & Garrison LLP is strong across the board, but has an especially good reputation for litigation. Experienced in domestic and cross-border representations for clients including debtors, official and unofficial committees of creditors, the firm is ‘a huge comfort when going through a highly intensive and stressful restructuring transaction’. Alan Kornberg and Paul Basta chair the practice from New York and can call on the expertise of the ‘extremely knowledgeable, dedicated and highly ethical’ Andy Rosenberg, and ‘very strong contributor’  Elizabeth McColm. Led by the ‘brilliant‘ Brian Hermann, Kyle Kimpler and ‘rising starAlice Belisle Eaton, the firm represented Expro Holdings, a UK-based provider of well flow management services to the oil and gas industry, in its prepackaged Chapter 11 case in the Bankruptcy Court for the Southern District of Texas; in a successful conclusion, the company emerged from Chapter 11 in 49 days, having eliminated its entire $1.4bn of funded bank debt. In another highlight, Jacob Adlerstein represented Cumulus Media, a radio company with 446 stations spread across 90 markets, in its heavily contested Chapter 11 cases, including a multi-day contested plan confirmation trial addressing, among other things, various valuation issues; the court eventually issued a decision that adopted the company’s valuation testimony, overruling all objections, and confirmed the Chapter 11 plan. Also notable in the team are Kelley Cornish and Jeffrey Saferstein.