Joseph Friedman

Paul, Weiss advised an ad hoc group of creditors of Digicel Limited (DL) and its subsidiaries in the company’s consensual financial restructuring of approximately $3.8 billion of debt. Jamaica-based Digicel is the leading provider of mobile phone networks and home entertainment services in 25 markets across the Caribbean, Central America and Asia Pacific. Together with the 2023 restructuring of Digicel Group Holdings Limited, DL’s restructuring has reduced the company’s consolidated debt by approximately $1.7 billion through an exchange offer, Bermuda schemes of arrangement and associated U.S. chapter 15 proceedings. The restructuring has substantially strengthened the company’s capital structure, positioning it for long-term success. The Paul, Weiss team was led by restructuring partners Andrew Rosenberg and Brian Bolin and corporate partner Megan Spelman, and included, among others, restructuring partner Elizabeth McColm and counsel Douglas Keeton; corporate partner David Huntington and counsel Lyudmila Bondarenko, Joseph Friedman, David Sobel, John Godfrey and Bruce Gruder; litigation partner Mark Mendelsohn and counsel Peter Carey; tax partner Anne McGinnis and of counsel David Mayo; intellectual property partner Claudine Meredith-Goujon; antitrust counsel Yuni Sobel; and international trade counsel Richard Elliott.

Jan 29

1 min

Paul, Weiss advised France-based Vallourec S.A., a leading premium tubes provider, in its offering of $820 million of senior notes due 2032, its entry into a €550 million multi-currency revolving credit facility and the upsize of its $350 million asset-based lending facility in the United States. These transactions are part of Vallourec’s holistic refinancing of its balance sheet. The Paul, Weiss team included corporate partners David Carmona, Matthew Friedman, Brian Kim and Aaron Schlaphoff, and counsel Joseph Friedman; tax partners Brian Grieve and Cian O’Connor, and counsel Jamie Chambers; litigation partner John Carlin; intellectual property counsel Elana Bensoul; and international trade counsel Richard Elliott.

Apr 23

1 min

Paul, Weiss advised LongRange Capital on its acquisition of 24 Hour Fitness, one of the largest fitness chains in the U.S. Under the agreement, LongRange acquired the business alongside the chain’s founder, Mark Mastrov. Financial terms were not disclosed. The Paul, Weiss team was led by corporate partners Angelo Bonvino, Cullen Sinclair and Michael Montgomery, and includes partners Thomas de la Bastide, Marc Shepsman, Steven Kaye and Joseph Friedman; executive compensation partner Christopher Gonnella; tax partner Lindsay Parks; restructuring partner Ken Ziman; intellectual property partner Marisa Geiger; antitrust counsel Todd Hahn; and litigation counsel Audrey Paquet.

Jan 7

1 min

Paul, Weiss advised KPS Capital Partners, LP, and its portfolio company Eviosys, a leading global supplier of metal packaging, in the sale of Eviosys to Sonoco Products Company for €3.615 billion. The combination of Eviosys with Sonoco, a global leader in highly engineered and sustainable packaging, brings high-quality, sustainable and innovative packaging solutions to new and existing customers around the globe. Under the terms of the transaction, Eviosys will transition to the Sonoco brand and operate under Sonoco’s Consumer Packaging segment. The Paul, Weiss team was led by corporate partners Angelo Bonvino and Michael Vogel and partner elect Daniel Fuschillo, and included partners David Carmona, Manuel Frey, Suhan Shim, Timothy Cruickshank, Joseph Friedman, Matthew Merkle, Robert Zochowski and Roger Johnson and counsel Nathan Mitchell; antitrust partners Ross Ferguson, Annie Herdman and Richard Pepper, partner elect Yuni Sobel and counsel Chad de Souza and Lauren O’Brien; tax partners Robert Killip and Timothy Lowe and counsel Jamie Chambers; intellectual property partners Charles Googe, John Patten and Claudine Meredith-Goujon and counsel Alex Zapalowski; executive compensation partner Andrea Wahlquist Brown and counsel Lisa Krausz Eisenberg; litigation partners John Carlin, Aidan Synnott, Lewis Clayton and Nicole Succar and counsel Benjamin Klein and Audrey Paquet; real estate partner Peter Fisch; and environmental counsel William O’Brien.

Dec 4

1 min

Paul, Weiss advised ADP, a leading global technology company providing human capital management solutions, in its acquisition of WorkForce Software, a premier workforce management solutions provider that specializes in supporting large global enterprises. The deal expands ADP’s global offering of workforce management solutions and enables future innovation in the space. Financial terms of the transaction were not disclosed. The Paul, Weiss team was led by partners Neil Goldman, Megan Spelman and Aidan Synnott, and included corporate partners David Huntington and Joseph Friedman and counsel Nathan Mitchell and Gabriella Toossi; intellectual property partners Chuck Googe and John Patten; tax partner Anne McGinnis and counsel Alyssa Wolpin and Patrick Karsnitz; executive compensation partner Lawrence Witdorchic and counsel Lisa Krausz Eisenberg and Meghan Fox; antitrust partners Eyitayo St. Matthew-Daniel and Marta Kelly and counsel Chad de Souza, Yuni Sobel, Todd Hahn and Lauren O’Brien; real estate partner Peter Fisch; and litigation counsel Audrey Paquet, Benjamin Klein and Pietro Signoracci.

Oct 15

1 min