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Weil Represents TPI Composites in Connection with Chapter 11 Cases

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Weil is advising TPI Composites, Inc. (“TPI”), a leading independent manufacturer of composite wind blades with a global manufacturing footprint, in its voluntary chapter 11 cases. TPI and its domestic subsidiaries (the “Company”) commenced the chapter 11 cases to pursue a comprehensive restructuring of the Company that will allow it to emerge as a stronger enterprise. To support the chapter 11 process, the Company and its senior secured lenders comprised of funds affiliated with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) reached an agreement for Oaktree to provide a debtor-in-possession financing facility of up to $82.5 million and for the consensual use of cash collateral. 

The Weil team advising TPI in this process is led by Restructuring Department Co-Chair Matt Barr and Restructuring partners Gabriel Morgan, Lauren Tauro, and Cliff Carlson as well as associates Ryan Rolston, Emma Wheeler, Ashley Anglade, Joe Sullivan, Courtney Wright, Kieran Graulich, and Sayre Powers; Mergers & Acquisitions partner Mariel Cruz and associates Michael Chenkin, Dorothy Coco, Calvin Lee, Blake Oglensky, Alan Chan, David Rudolph, and Sidy Traore; Banking & Finance partner Courtney Marcus and associates Anna Williams and Ryan Johnson; Tax partners Stuart Goldring and Greg Featherman and associates Alexander Dobyan and Zachary Torres; Executive Compensation & Benefits partner Paul Wessel; Capital Markets partner Frank Adams and associates Michael Cremers and Ari Anderson; PCAG partner Kaitlin Descovich and associates Rachel Alpert and Allie Williams; and Litigation partner Ted Tsekerides, counsel Christine Calabrese, and associates Sydney Hargrove and Jasmine Harris.

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