Paul Leake is global co-head of Skadden’s corporate restructuring practice. He represents debtors, commercial banks and bank groups, distressed investment funds, noteholder committees, official creditors’ committees and distressed investors in all forms of corporate restructurings.

Bio

Mr. Leake focuses on advising U.S. and transnational businesses on Chapter 11 reorganizations, out-of-court restructurings, secured financings, debtor in possession loans, distressed acquisitions and sales, and investments in troubled companies. He has led complex domestic and cross-border restructurings in most major industries, including retail, health care, oil and gas, shipping, mining, airlines, energy, publishing, telecom, satellite communications and real estate.

Mr. Leake recently has represented:

  • Concordia International Corp., a specialty pharmaceutical company, in a first-of-its-kind $3.7 billion cross-border recapitalization transaction;
  • Two health care companies in assessing and/or implementing out-of-court liability management and strategic alternatives in stressed and distressed environments;
  • Toshiba in its capacity as controlling shareholder and critical driver of the successful restructuring of Westinghouse Electric Company in its Chapter 11 case; and
  • Bank of America, as administrative agent, in the high-profile and complex restructurings of Sears, Toys “R” Us, Algeco Scotsman Group and VER Technologies.

Mr. Leake previously served as head of the corporate restructuring and reorganization practice at another large global law firm. His experience prior to joining Skadden includes out-of-court and Chapter 11 company-side representations involving, among others, Molycorp, Fresh & Easy, Georgia Gulf, Globalstar, Independence Air, Interep, Levitz, Proliance, ProQuest, Balanced Care, Drexel Burnham Lambert, Marvel Entertainment, NextWave Telecom, Olympia & York and Sun Healthcare. He has represented ad hoc noteholder and official unsecured creditor committees in the Cone Mills, Energy Partners Limited, Enron, General Maritime, Iridium, Orbital Imaging and Kirker Enterprises restructurings, and senior secured lenders and lender groups in the Southcross Energy, Atlas Mining, Bi-Lo, Calpine, Greenfield Energy Services, Meridian Automotive Systems, Memorex and Trico Marine restructurings. He also has represented investment funds and strategic investors in substantial, high-profile distressed M&A transactions.

Mr. Leake is regularly listed in rankings of leading restructuring lawyers in the U.S. and globally, including Chambers USA, Chambers Global, The Legal 500, K&A Restructuring Register, IFLR1000, The Best Lawyers in America and Turnarounds and Workouts. He has published and lectured extensively on U.S. and transnational insolvency matters.

Credentials

Education

  • J.D., Columbia University, 1988
  • B.A., Amherst College, 1985

Admissions

  • New York

Paul Leake