Firm / Organisation

Pachulski Stang Ziehl & Jones LLP

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Managing Partners: Richard M Pachulski, James I Stang, Dean A Ziehl, Ira D Kharasch, Laura Davis Jones, Henry C Kevane, Robert J Feinstein, Jeffrey N Pomerantz
Number of partners: 38
Number of lawyers: 68
Languages: Chinese, English, Spanish

Firm Overview:
Pachulski Stang Ziehl & Jones LLP (PSZJ) is the nation’s leading corporate restructuring boutique with offices in Los Angeles, San Francisco, Delaware and New York. The firm specialises in representing debtors, creditors’ committees, trustees, liquidating trusts and private equity funds in complex restructuring and post-confirmation matters. PSZJ handles sophisticated business litigation and transactional matters in addition to its renowned restructuring practice.

Main Areas of Practice:
Business Reorganization & Workouts:
The firm has a nationally recognised bankruptcy practice that is one of the largest in the country. The firm represents all of the major constituencies in bankruptcy proceedings and out-of-court workouts, including debtors, creditors’ committees, equity committees, trustees, secured and major unsecured creditors, bondholders, asset purchasers and third-party plan proponents.

Litigation:
The firm represents both plaintiffs and defendants in general commercial and business litigation, as well as banking, bankruptcy and insurance litigation. The prosecution and defense of litigation in bankruptcy court is a particular strength, and the firm’s litigators are well versed in bankruptcy jurisdictional disputes. The firm frequently represents clients in fraudulent conveyance, such as creditors in the high-profile Woodbridge Group of Companies matter, preference and other bankruptcyrelated litigation.

Corporate & Transactional:
The firm’s transactional practice features expertise over a broad spectrum, including real estate purchase and sales, development and commercial leasing; financing and workouts; and sales of companies or their assets. The firm’s transactional attorneys are uniquely qualified to handle the problems and issues associated with representing clients in complex bankruptcy transactions.

Main Industries:
Technology/Telecommunications:
The firm has considerable experience with the special issues facing high technology/telecommunications debtors and sophisticated acquirers of high technology/telecommunications, including Tintri, Inc., Delivery Agent, Rdio, Inc., Hipcricket Inc., Adelphia Communications, CyberDefender Corporation, Covad Communications Group and Trident Microsystems.

Retail & Restaurant:
The firm’s combination of insolvency, real estate and commercial finance expertise enables members of the firm to represent a wide range of interests arising from the insolvency of large restaurant chains and retail outlets, including The Walking Company, American Apparel, The Sports Authority, Great Atlantic & Pacific Tea Company (A&P), Wet Seal, Fresh & Easy Neighborhood Market, Ashley Stewart, Dine Brands, Circuit City, Specialty Retail Shops Holding Corp. (aka Shopko), Haggen Holdings LLC, The Limited, Payless Shoe Source, BCBG Max Azria, Bon-Ton Stores, and Ruby’s Diner. In addition, the firm is currently representing the creditors’ committee in the Woodbridge Group of Companies chapter 11, which involves a $1.2 billion ponzi scheme.

Energy:
The firm has deep experience representing debtors and creditors in the renewable energy and conventional energy sectors, including oil and gas. The firm handled one of the highest profile solar chapter 11 cases, represents an electric car manufacturer, and has represented numerous solar, wind and biofuel companies in out-of-court workouts and wind downs. As debtors’ counsel, the firm successfully guided oil and gas producers and a pipeline owner through their chapter 11 cases. As creditors’ committee counsel, the firm has maximised creditors’ recoveries in chapter 11 cases of refiners, a pipeline owner/operator, distributors, a service station network owner, and a power plant refurbisher. The firm has also successfully represented the parent company of an electricity and gas utility in the largest chapter 11 filing in California history. Representations include debtors or creditors’ committees in Solyndra LLC, Magnum Hunter Resources, Energy Future Holdings, KiOR Inc., Martifer Solar USA, Signal International, Tri-Valley Oil & Gas, American Eagle Energy, ERG Resources, Pacific Energy Resources, Emerald Oil, Forbes Energy Services, and Aquion Energy, Inc.

Healthcare:
The firm has one of the nation’s leading healthcare insolvency practices, with extensive experience in representing various constituencies in the highly regulated and increasingly active healthcare industry, including healthcare providers, trustees and governmental and private creditors in some of the nation’s largest bankruptcy cases. Representations include involvement in the bankruptcies of San Diego Hospice and Palliative Care, LifeCare Holdings, Pacifica Hospital of the Valley, S&B Surgical Center, San Fernando Mission Community Hospital, Promise Healthcare, Valley Health System, Victor Valley Community Hospital, and Contra Costa Health Care District.

Transportation:
The firm has represented debtors and creditors’ committees in chapter 11 cases of airline carriers and companies engaged in aviation, trucking, logistics and other sectors of the transportation industry, including Takata Americas, Fisker Automotive, America Suzuki Motor Corporation, America West Airlines, Coach America, National Air Cargo, Fleetwood Enterprises, Global Aviation, Jevic Holding Corp., Mesa Air Group, and Trans World Airlines.

Entertainment:
The firm has played prominent roles in some of the nation’s largest production and distribution company chapter 11 cases, including The Weinstein Company Holdings LLC, Penthouse Global Media, Inc., KSL Media, Digital Domain Media, BR Festivals, AMF Bowling Worldwide, United Artists, Loews Cinemas, General Cinemas, Mann Theaters, 21st Century Film Group and Quintex Entertainment, and has been involved in the cases of high profile entertainers/ athletes, including Toni Braxton, Ronald Isley, Johnny Gill and Mike Tyson, as well as record company Deathrow Records, and Marion ‘Suge’ Knight.