Joshua Marc Altman is a restructuring associate in the Chicago office of Kirkland & Ellis LLP. He Practices Restructuring, Creditors & Committees, Debtor Experience, International & Cross-Border Insolvency and Out-of-Court Restructurings.
Toys“R”Us, Inc. ― Representing Toys“R”Us, Inc., the world’s leading dedicated toy and baby products retailer, and certain of its direct and indirect subsidiaries, in their Chapter 11 cases pending before the United States Bankruptcy Court for the Eastern District of Virginia, Richmond Division. The Company’s Canadian subsidiary also filed parallel proceedings under the Companies’ Creditors Arrangement Act (“CCAA”) in the Ontario Superior Court of Justice.
Payless ShoeSource, Inc. ― Representing Payless ShoeSource, Inc. and certain of its affiliates in Chapter 11 cases pending in the United States bankruptcy court for the Eastern District of Missouri. Payless is the largest specialty family footwear retailer in the Western Hemisphere with nearly 4,400 stores across more than 30 countries.
Payless is using Chapter 11 to exit unprofitable store locations and implement a pre-arranged restructuring plan supported by 2/3 of its lenders that will reduce its approximately $830 million in funded debt by nearly 50%. Payless has also filed for recognition of the U.S. Chapter 11 proceedings under Part IV of the Companies’ Creditors Arrangement Act in the Ontario Superior Court of Justice.
Penn Virginia Corporation ― Representation of Penn Virginia Corporation in its prearranged Chapter 11 restructuring in the United States Bankruptcy Court for the Eastern District of Virginia. The Company filed for Chapter 11 with a support agreement with all of its secured debt and a supermajority of its unsecured debt regarding a transaction that will reduce the company’s long term debt from approximately $1.2 billion to approximately $128 million.
Penn Virginia is an independent oil and gas company engaged in the exploration, development, and production of oil, NGLs, and natural gas. The company’s operations are focused on oilfields primarily in the Eagle Ford shale in South Texas, with additional properties in the Granite Wash in Oklahoma and the Marcellus Shale in Pennsylvania. In 2017, the Turnaround Management Association recognized the successful Penn Virginia restructuring with its “Mid-Size Company Transaction of the Year Award.”
Memberships & Affiliations:
- World Economic Forum Global Shaper
Admissions & Qualifications:
- 2015, Illinois
Education:
- Northwestern Pritzker School of Law, J.D., 2015
- Northwestern University Kellogg School of Management, M.B.A., 2015
- Columbia University, B.A., 2009
Cost
Rate : $$$
