Skadden is advising The Yucaipa Companies LLC, a private equity company and one of the two largest creditors to Barneys New York Inc., in the out-of-court recapitalization of Barneys, announced on May 7. The recapitalization will reduce Barneys’ debt from $590 million to $50 million.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates