The bankruptcy and restructuring team at Simpson Thacher & Bartlett LLP works closely with other practice areas to advise various industry clients on restructuring and bankruptcy matters. The team represents senior lenders in complex Chapter 11 and out-of-court restructuring cases. Elisha Graff focuses on out-of-court and Chapter 11 restructurings, while Nicholas Baker specializes in complex capital solutions. David Zylberberg assists companies and institutional creditors with large liability management exercises and recapitalizations. Marisa Stavenas advises clients on capital raising, investments, and restructuring transactions, and Justin Lungstrum represents lenders in syndicated loan financings.
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Accolades

Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘Practical, hands-on experience from senior practitioners that provides actionable advice. The team works across practice well, has every angle covered, and does it with a nimble team.’

  • ‘Marisa Stavenas has an enormous breadth of capability and experience.'

  • 'Nicolas Baker is calm under pressure. He provides sage advice needed to navigate stressful and challenging situations.'
  • ‘Simpson's Restructuring team consists of smart, savvy, practical, and collaborative attorneys.'

  •  'I was consistently impressed by them as both individuals and as a team, both of which reflect Marisa Stavenas' high standards and impeccable professional style.’

  • ‘Marisa Stavenas was calm, professional, experienced, and detail-oriented approach is bar none. She brings her own deep subject-matter expertise, incisive issue-spotting, and practical decision-making to the table and collaboratively leverages similarly-experienced and practical professionals across Simpson for the client's benefit.’

Key clients

  • iHeartMedia, Inc.
  • The E.W. Scripps Company (“Scripps”)
  • WW International, Inc. (WeightWatchers)
  • JPMorgan Chase Bank, N.A.
  • Lanzatech
  • Stonepeak
  • Finance of America Companies Inc.
  • Berkshire Hathaway Inc.
  • Goldman Sachs Bank USA
  • Anagram Holdings, LLC

Work highlights

Representing iHeartMedia, Inc. in a complex liability management transaction to extend $5 billion debt maturities and capture discount across five tranches of debt.
Advising The E.W. Scripps Company in connection with an approximately $1.5 billion series of debt transactions to refinance its term loans, extend a portion of its revolving credit facility and enter into a new account receivable securitization facility.
Representing WW International, Inc. (‘WeightWatchers’ or the ‘Company’) in connection with its pre-packaged chapter 11 plan of reorganization, which received approval from the United States Bankruptcy Court for the District of Delaware on June 17, 2025.
Other key lawyers

Elisha Graff; Nicholas Baker; David Zylberberg; Marisa Stavenas; Justin Lungstrum