We have successfully assisted numerous clients both in and out of bankruptcy in connection with their efforts to restructure their workforces, including reductions-in-force, plant and office closings, key employee incentive programs and modification of obligations under collective bargaining agreements and other post-employment benefit arrangements.
Particular experience advising private equity firms with respect to employment law concerns at distressed portfolio companies
Many years advising companies on fiduciary issues arising in connection with employer securities held by their retirement plans, particularly companies in financial distress that have experienced or is expecting a substantial decline in the value of its employer securities
We draw upon the unrivaled experience and resources of Weil’s Business Finance & Restructuring Department, long considered to be one the leading restructuring departments in the world
Clients have included General Motors, Lehman Brothers, Pilgrim’s Pride, Enron, Worldcom, General Electric, Bethlehem Steel, Republic Steel, Harper Collins and Macy’s