Paul, Weiss advised Brookfield Asset Management in connection with the chapter 11 cases of PosiGen, a national residential solar and energy efficiency provider. Brookfield, which held $600 million of the company’s debt, provided prepetition bridge financing and post-petition debtor-in-possession financing to PosiGen and ultimately acquired substantially all of PosiGen’s assets through a combination of a bankruptcy sale of the chapter 11 debtors’ assets and a strict foreclosure on their non-debtor affiliates’ assets. The U.S. Bankruptcy Court for the Southern District of Texas approved PosiGen’s chapter 11 plan, providing for a litigation trust in which Brookfield holds a majority of the beneficial interests.

Paul, Weiss also advised Brookfield affiliates in related litigation filed by Connecticut Green Bank in Connecticut federal court prior to PosiGen’s chapter 11 filing on November 24, 2025. That case was dismissed with prejudice on February 10 following a settlement.

The Paul, Weiss team includes restructuring partners Brian Hermann, Jacob Adlerstein, Brian Bolin and Michael Colarossi and counsel Douglas Keeton; corporate partners Austin Pollet, Kelann Stirling and Jeremy Veit and counsel Andrea Quek; tax partners Robert Holo and Anne McGinnis; litigation partners Gregory Laufer, Andrew Ehrlich and Nathan Mitchell and counsel Audrey Paquet and Robert Kravitz; intellectual property partner Jonathan Ashtor; executive compensation partner Lawrence Witdorchic; and real estate partner Matthew Dulak.