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Paul, Weiss, Rifkind, Wharton & Garrison LLP

Work +1 212 373 3000
Fax +1 212 757 3990
Beijing, Hong Kong, London, New York, Tokyo, Toronto and 2 more

Paul M. Basta

Work 212-373-3023
Paul, Weiss, Rifkind, Wharton & Garrison LLP

Work Department

Bankruptcy & Corporate Reorganization


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

B.A., University of Michigan, 1988

United States: Finance

Restructuring (including bankruptcy): corporate

Within: Leading lawyers

Paul Basta - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Within: Restructuring (including bankruptcy): corporate

The ‚Äėcommercially savvy, always available and completely unflappable‚Äô 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‚Äô. Alan Kornberg¬†and Paul Basta¬†chair the practice from New York and can call on the expertise of the ‚Äėextremely knowledgeable, dedicated and highly ethical‚Äô Andy Rosenberg, and ‚Äėvery strong contributor‚Äô¬† Elizabeth McColm.¬†Led by the 'brilliant'¬†Brian Hermann, Kyle Kimpler¬†and ‚Äėrising star‚Äô Alice 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‚Äôs valuation testimony, overruling all objections, and confirmed the Chapter 11 plan. Also notable in the team are Kelley Cornish¬†and Jeffrey Saferstein.

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