Anthony Joseph represents companies, lenders, creditors, investors and other stakeholders in complex business reorganizations and distressed transactions, including Chapter 11 reorganizations, Chapter 15 proceedings and cross-border matters. He also advises on out-of-court workouts, M&A transactions, insurance and reinsurance receiverships and restructuring transactions, and other related representations.
Mr. Joseph’s experience includes counseling, among others:
- Endo International plc and certain of its affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York
- E-House (China) Enterprise Holdings Limited in its Chapter 15 case that obtained recognition and enforcement of a Cayman Islands scheme
- Markel CATCo Reinsurance Fund Ltd. and its affiliates in an innovative restructuring implemented under Chapter 15 cases in the U.S. Bankruptcy Court for the Southern District of New York and a creditor scheme of arrangement in Bermuda
- Armstrong Flooring, Inc. and three affiliated debtors in their Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware. The reorganization included Armstrong’s $107 million sale of its North American assets to AHF LLC and Gordon Brothers Commercial and Industrial LLC, $59 million sale of its assets in China and Hong Kong to Giant Group and $31 million sale of its assets in Australia to Cowes Bay Global Pty Ltd.
- the minority DIP lender in the Chapter 11 cases of Grupo Aeroméxico, S.A.B. de C.V.
- Tranche A-2 DIP lenders in providing a $550 million DIP-to-exit facility in the Chapter 11 cases of Avianca Holdings S.A. and its affiliates. This deal was named Restructuring Deal of the Year in 2022 by LatinFinance
- Noble Corporation plc, an international offshore drilling contractor, in its Chapter 11 case in the U.S. Bankruptcy Court for the Southern District of Texas, which reduced the company’s debt from approximately $4 billion to $400 million and settled key prepetition litigation collectively claiming billions of dollars in damages
- Genesis Healthcare, Inc. in its recapitalization and strategic restructuring
- Melinta Therapeutics, Inc. in its Chapter 11 prenegotiated reorganization in the U.S. Bankruptcy Court for the District of Delaware. The restructuring included a support agreement under which Deerfield Private Design Fund III, L.P. and Deerfield Private Design Fund IV, L.P., the lenders under Melinta’s senior credit facility, acquired Melinta by exchanging $140 million of secured claims arising under its senior credit facility for 100% of the equity to be issued by the reorganized company
- Stearns Holdings in its Chapter 11 filing after reaching an agreement on a debt restructuring plan with The Blackstone Group Inc., its majority owner
- Synergy Pharmaceuticals Inc. in its Chapter 11 proceedings, including the $200 million sale of substantially all of its assets to Bausch Health Companies Inc. under Section 363 of the Bankruptcy Code
Mr. Joseph is actively involved in Skadden’s recruiting programs and is a member of the Steering Committee of the firm’s Black Lawyers for Diversity affinity network.