Alyssa Russell

Alyssa Russell advises companies, lenders, creditors, investors and other stakeholders on complex business reorganizations and distressed transactions, both out of court and in Chapter 11 cases. She also counsels on distressed M&A and asset sale transactions, insurance and reinsurance restructuring transactions, and other related representations.

Notable debtor representations prior to joining Skadden include:

• Nine West Holdings, Inc. and certain of its affiliates in their Chapter 11 restructuring of approximately $1.6 billion in funded debt in the U.S. Bankruptcy Court for the Southern District of New York
• GenOn Energy, Inc. and certain of its affiliates in their prearranged Chapter 11 restructuring of approximately $2.5 billion in funded debt in the U.S. Bankruptcy Court for the Southern District of Texas
• Caesars Entertainment Operating Company, Inc. and 172 affiliates in their successful Chapter 11 restructuring of approximately $18.4 billion in funded debt in the U.S. Bankruptcy Court for the Northern District of Illinois
• Car Outlet Investment Inc., Total Finance Investment Inc. and their respective subsidiaries in Chapter 11 cases in the U.S. Bankruptcy Court for the Northern District of Illinois
• Ameriforge Group, Inc. and its affiliates in their prepackaged Chapter 11 restructuring filed in and confirmed by the U.S. Bankruptcy Court for the Southern District of Texas
• an American designer, manufacturer and distributor of consumer sewing machines and accessories, in its out-of-court restructuring
• the foreign representatives of Harkand Gulf Contracting, Ltd. and the company’s debtor affiliates in their Chapter 15 cases for recognition of insolvency proceedings in the U.K.

Notable creditor and purchaser representations prior to joining Skadden include:

• the official committee of unsecured creditors in Highland’s Chapter 11 cases
• JPMorgan Chase Bank in the Chapter 11 restructuring of BJ Services. JPMorgan was the administrative agent of BJ Services’ prepetition asset-based loan facility
• New Residential Investment Corp., a publicly traded REIT managed by an affiliate of Fortress Investment Group, in its $1.2 billion acquisition of the forward mortgage servicing business of Ditech Holding Corporation
• the administrative agent for a $50 million revolving credit facility in the distressed borrower’s sale of its home security subscription accounts to a prominent home security company
• Associated Bank as the administrative agent of a $200 million reserve-backed loan in the Chapter 11 restructuring of O’Benco IV, LP
• Homewood NJOY Services, LLC and its affiliates, as creditor and asset purchaser, in NJOY, Inc.’s Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware