Debevoise & Plimpton LLP represents both debtors and creditors across out-of-court restructurings, strategic transactions, Chapter 11 cases, and cross-border insolvency mandates. Leading the team are co-chairs Natasha Labovitz, who advises private equity firms, fund investors, portfolio companies, debtors, and creditors on bankruptcy and cross-border insolvency proceedings, and Sidney Levinson, who assists bondholders, secured lenders, debtors, sponsors, trustees, and creditor committees. Erica Weisgerber brings expertise in bankruptcy, restructuring, and distressed investment litigation, working across Chapter 11 and 15 cases. Jasmine Ball focuses on distressed mergers and acquisitions, workouts, debt and equity financing, complex restructurings, and Chapter 11 proceedings. Another key name is Scott Selinger, who advises clients on complex acquisitions and leveraged finance transactions. All named lawyers are based in New York.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Key clients
- Limited Partner Advisory Council for Abraaj Fund IV, as well as the successor entity for that fund post-insolvency, “NPEF IV”
- Alexander Greensill and additional former directors and officers of Greensill Capital Inc.
- BW NHHC HOLDCO, INC (D/B/A Elara Caring)
- Brigade Capital Management, LP
- CCA Construction, Inc (f/k/a China Construction America)
- Clayton, Dubilier & Rice
- Coliseum Capital Management, LLC
- Drive DeVilbiss Healthcare
- Certain entities holding equity in First Brands Group
- Georgia-Pacific LLC
- Logix Intermediate Holding Company
- McKinsey & Co. Inc.
- Oaktree Capital Management
- One Rock Capital Partners, LLC and certain related entities
- Certain former directors and shareholders of Purdue Pharma, Inc. and related entities
- Pantheon Ventures (UK) LLP
- Spirit Airlines, LLC
- 1970 Group
Work highlights
Advised certain former directors and shareholders of Purdue Pharma, regarding prescription opioid litigation in various fora across the country, including a federal multi-district litigation and actions brought by state attorneys general.
Advised CCA Construction, a U.S. subsidiary of China State Construction Engineering Corp. Ltd., one of the world’s largest investment and construction groups, in its Chapter 11 bankruptcy case.
Advised Clayton, Dubilier & Rice in its investment in Vialto Partners as part of a recapitalization transaction that delivered a $225 million equity capital investment in Vialto and an approximately $550 million reduction in debt reduction.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Natasha Labovitz; Sidney Levinson
Other key lawyers
Erica Weisgerber; Jasmine Ball; Scott Selinger