Destiny N. Almogue

Destiny Almogue regularly represents public and private companies, creditors, investors, asset purchasers and other stakeholders in complex business reorganizations and distressed transactions, including Chapter 11 reorganizations, out-of-court workouts, M&A transactions and other related financing and restructuring matters.

Ms. Almogue’s restructuring experience spans a wide variety of industries, including automotive, energy, entertainment, financial services, retail and telecommunications. In recognition of her work, Ms. Almogue was named one of Best Lawyers’ Ones to Watch in America 2024 and 2025.

Ms. Almogue’s significant representations include:

• Lucid Group, Inc. in its acquisition of select assets and manufacturing facilities in Arizona from Nikola Corporation through a Chapter 11 sale process
• LAS Capital LLC in connection with its acquisition of the assets of electric vehicle manufacturer Lordstown Motor Corp. pursuant to its Chapter 11 cases filed in the Bankruptcy Court for the District of Delaware
• a luxury automobile design and manufacturing company in its recapitalization in connection with an infusion of new capital through a preferred equity investment in a transaction worth over $150 million
• Secure Home Holdings LLC in its prepackaged Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware
• The McClatchy Company, the nation’s second-largest newspaper company, in its Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York and the $312 million sale of substantially all of its assets to its largest bondholder, Chatham Asset Management
• JAKKS Pacific, Inc. in connection with its comprehensive restructuring, which recapitalized its balance sheet with new debt and equity
• the special liquidators of the Irish Bank Resolution Corporation (IBRC) in IBRC’s Chapter 15 recognition proceeding in the U.S. Bankruptcy Court for the District of Delaware
• Toshiba Corporation in its sale of claims against Westinghouse Electric Company LLC to Nucleus Acquisition LLC (a consortium controlled by The Baupost Group, LLC) for $2.16 billion and the sale of its Westinghouse-related shares to an affiliate of Brookfield Asset Management Inc. for $4.6 billion (named Distressed M&A Deal of the Year (over $1 billion) at the 13th Annual Turnaround Awards)