Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Weil Gotshal, Lazard & AlixPartners advising as J Crew files Chapter 11

By Benjamin Clarke

04 May 2020

Weil Gotshal, Lazard & AlixPartners advising as J Crew files Chapter 11 shutterstock/1035000736

Following a novel restructuring through the transfer of its intellectual property in 2016, apparel retailer J Crew has filed for Chapter 11 protection in Virginia with an agreement from lenders to convert US$1.65 billion of the group’s debt into equity.