Sidley represented Coupang, Inc. (Coupang), one of the world’s leading global retailers, in the completion of its acquisition of the business and assets of Farfetch Holdings plc (Farfetch), in a rescue deal through an English pre-pack administration process. Farfetch is a leading global marketplace for the luxury fashion industry. Coupang and certain funds managed and/or advised by Greenoaks Capital Partners, LLC (Greenoaks) had previously entered into a US$500 million bridge loan facility and a transaction support agreement with the Farfetch group in December 2023. This was done through a newly formed joint entity, Surpique LP, a Delaware limited partnership (formerly known as Athena Topco LP). The cross-jurisdictional team was led by partners Martin A. Wellington (M&A and Private Equity), Mark Knight (Restructuring), and Karen Goldstein (Global Finance), and senior managing associate Dhevine Chandrapala (Restructuring) alongside partners and teams from across several practice areas and offices, including: Restructuring (London): partner Jifree Cader, senior managing associate Dhevine Chandrapala, managing associate Luke Mason, associate Hannah Murray, and trainee solicitor Doris Beganovic; Global Finance (Dallas and London): senior managing associate Adam M. Nelson, managing associate Kendra Smith, and associates Henry Sasse and Chase M. Rowland; Corporate (Dallas and London): partners Ryan M. Scofield, Adam Runcorn, and Courtney J. Gilberg, senior managing associate Zoe Woodhouse, and associates Molly K. Byman, Jessica Edwards, and Stanley Amoah; Tax (Palo Alto and London): partners Jason Menzies and Rachel D. Kleinberg, and managing associate Ellie Verran; Litigation (New York): partner James Heyworth; and Antitrust and Competition (Washington, D.C. and Brussels): partners Ken Daly and Vadim Brusser, and associate Iva S. Todorova.~~Sidley represented Coupang, Inc. (Coupang), one of the world’s leading global retailers, in the completion of its acquisition of the business and assets of Farfetch Holdings plc (Farfetch), in a rescue deal through an English pre-pack administration process. Farfetch is a leading global marketplace for the luxury fashion industry. Coupang and certain funds managed and/or advised by Greenoaks Capital Partners, LLC (Greenoaks) had previously entered into a US$500 million bridge loan facility and a transaction support agreement with the Farfetch group in December 2023. This was done through a newly formed joint entity, Surpique LP, a Delaware limited partnership (formerly known as Athena Topco LP). The cross-jurisdictional team was led by partners Martin A. Wellington (M&A and Private Equity), Mark Knight (Restructuring), and Karen Goldstein (Global Finance), and senior managing associate Dhevine Chandrapala (Restructuring) alongside partners and teams from across several practice areas and offices, including: Restructuring (London): partner Jifree Cader, senior managing associate Dhevine Chandrapala, managing associate Luke Mason, associate Hannah Murray, and trainee solicitor Doris Beganovic; Global Finance (Dallas and London): senior managing associate Adam M. Nelson, managing associate Kendra Smith, and associates Henry Sasse and Chase M. Rowland; Corporate (Dallas and London): partners Ryan M. Scofield, Adam Runcorn, and Courtney J. Gilberg, senior managing associate Zoe Woodhouse, and associates Molly K. Byman, Jessica Edwards, and Stanley Amoah; Tax (Palo Alto and London): partners Jason Menzies and Rachel D. Kleinberg, and managing associate Ellie Verran; Litigation (New York): partner James Heyworth; and Antitrust and Competition (Washington, D.C. and Brussels): partners Ken Daly and Vadim Brusser, and associate Iva S. Todorova.