Legal DealFolio - Patriot Coal - Chapter 11 Reorganisation

Davis Polk is advising Patriot Coal Corporation in connection with its reorganization under Chapter 11 of the Bankruptcy Code and the related $802 million in debtor-in-possession (DIP) financing. Patriot Coal and substantially all of its wholly owned subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York on July 9, 2012. In conjunction with its reorganization, Patriot has obtained $802 million in DIP financing from Citigroup Global Markets Inc., Barclays Bank PLC, and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arrangers, which was approved by the Bankruptcy Court on July 10, 2012. The Davis Polk restructuring team includes partners Marshall S. Huebner, Damian S. Schaible and Brian M. Resnick, and associates Darren S. Klein, Michelle M. McGreal and Eli James Vonnegut. The credit team includes partner Waide Warner and associate Tenley Laserson Chepiga. The mergers and acquisitions team includes partner William L. Taylor. The capital markets team includes partner Sarah E. Beshar. The tax team includes partners Kathleen L. Ferrell and Neil Barr and associate Arie Rubenstein. Partner Edmond T. FitzGerald and associate Ron M. Aizen are advising on compensation and employee benefits issues. The environmental team includes counsel Betty M. Huber and Hayden S. Baker. The litigation team includes partners Elliot Moskowitz and Amelia T.R. Starr, and counsel David B. Toscano and Jonathan D. Martin. All members of the Davis Polk team are based in the New York office.

Deal Date:	11-07-2012	Practice Area:	Restructuring and Insolvency
Deal Title:	Patriot Coal - Chapter 11 Reorganisation	Industry:	Mining
Description:	Davis Polk is advising Patriot Coal Corporation in connection with its reorganization under Chapter 11 of the Bankruptcy Code and the related $802 million in debtor-in-possession (DIP) financing. Patriot Coal and substantially all of its wholly owned subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York on July 9, 2012. In conjunction with its reorganization, Patriot has obtained $802 million in DIP financing from Citigroup Global Markets Inc., Barclays Bank PLC, and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arrangers, which was approved by the Bankruptcy Court on July 10, 2012. The Davis Polk restructuring team includes partners Marshall S. Huebner, Damian S. Schaible and Brian M. Resnick, and associates Darren S. Klein, Michelle M. McGreal and Eli James Vonnegut. The credit team includes partner Waide Warner and associate Tenley Laserson Chepiga. The mergers and acquisitions team includes partner William L. Taylor. The capital markets team includes partner Sarah E. Beshar. The tax team includes partners Kathleen L. Ferrell and Neil Barr and associate Arie Rubenstein. Partner Edmond T. FitzGerald and associate Ron M. Aizen are advising on compensation and employee benefits issues. The environmental team includes counsel Betty M. Huber and Hayden S. Baker. The litigation team includes partners Elliot Moskowitz and Amelia T.R. Starr, and counsel David B. Toscano and Jonathan D. Martin. All members of the Davis Polk team are based in the New York office.
Financial Center:	New York	Value:	500.01-1000.00
Advised Party:	Group	Law Firm	Davis Polk
	United States		United States
Classification:	Debt Restructuring	Lawyer	Marshall S Huebner

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Restructuring and Insolvency Law Firms and Lawyers

Practice Areas - Restructuring and Insolvency Law Firms and Lawyers