Debtwire released a new episode of its Debtwired! podcast featuring Weil Restructuring Department Sunny Singh and partner Gary Holtzer, titled “The Fossil Restructuring, and Getting Creative Outside of Chapter 11 with Weil.”

In the episode, Sunny and Gary highlighted Weil’s role advising global watch and accessories company Fossil Group in its widely publicized and innovative cross-border restructuring. The transaction involved a U.K. Part 26A restructuring plan to address approximately $150 million of unsecured notes, paired with a broader exchange offer, and enabled Fossil Group to restructure its capital structure while maintaining its public listing and avoiding a traditional chapter 11 process.

Using Fossil Group as a case study, Sunny and Gary discussed the evolving restructuring landscape, including why companies are increasingly turning to out-of-court solutions such as liability management transactions and amend-and-extend strategies and how factors such as high interest rates and near-term debt maturities are influencing these decisions.

The podcast is available on Apple Podcasts and Spotify.