In New York, Barry Herzog chairs Herbert Smith Freehills Kramer’s tax practice, which advises clients on transaction tax structures, restructuring in the event of bankruptcy, and compliance with local and state regulations. Herzog is particularly active in the real estate, energy, and retail sectors whilst Avi Reshtick has a strong track record in debt financing and restructuring work, evidenced by his involvement in a multi-billion dollar reorganization plan of Purdue Pharmaceuticals after a case that went to the supreme court. Pamela Capps is a key lawyer in the team, demonstrating proficiency in creating tax structures for joint ventures.
L’éditorial du Legal 500

Distinctions

La satisfaction du client

Clients clés

  • Ad Hoc Committee (AHC) in connection with Purdue Pharma LP’s bankruptcy
  • Energy Harbor majority shareholders (Nuveen Asset Management and Avenue Capital)
  • Mitsui Fudosan America, Inc.
  • Lenders to Bausch Health Cos.
  • Stone Point Capital and its Portfolio Companies
  • Rite Aid Creditors’ Committee
  • VICI Properties, Inc.
  • Ad hoc First Lien Group in Diamond Sports Group
  • bankruptcy
  • Certain shareholders of LATAM Airlines Group S.A.

Points forts

  • Represented the Ad Hoc Committee (AHC) of 10 state attorneys general, six municipalities, the Plaintiffs Executive Committee in the multidistrict litigation, and a federally recognized Native American Tribe in the bankruptcy cases of Purdue Pharma.
  • Advised VICI Properties Inc. on a number of major transactions within the experiential and entertainment real estate sector in 2023.
  • Represented the official committee of unsecured creditors of Rite Aid Corporation. Rite Aid filed for Chapter 11 protection in the bankruptcy court in the District of New Jersey on Oct. 15, 2023, burdened by more than $4 billion in funded debt and facing substantial opioid litigation.

Avocats

Responsable de la pratique

Barry Herzog

Autres avocats clés

Avi Reshtick; Pamela Capps