Representation of Vertis Holdings, Inc., one of the leading printers of advertising inserts, in its highly complex and revolutionary prepackaged chapter 11 case. This case involved the merger, through simultaneous chapter 11 filings, of two distressed companies – Vertis and American Color Graphics (ACG), into a single merged company, with the creditors of the two companies obtaining debt and equity of the reorganized merged entity through the restructuring. Weil assisted in generating consensus among numerous creditor groups that were situated at different levels in Vertis’s complex capital structure, which involved months of contentious negotiations and creative issue solving, ultimately leading to an agreement regarding the restructuring of $1.7 billion in liabilities. Simultaneously, because the prepackaged plan contemplated the merger of Vertis with ACG, Weil assisted Vertis in negotiating with ACG’s constituencies to produce a prepackaged plan supported by all parties. To implement the merger, in a closely choreographed manner, ACG simultaneously filed for chapter 11 protection with its own accompanying prepackaged plan of reorganization. This “double prepack merger” – the first of its kind – resulted in the combination of two of the largest printing companies in North America and a joint restructuring of the companies’ debt obligations.