|Date Closed:||October 01, 2015|
|Deal Value:||US$270 million|
|Client Name:||Wilmington Trust, National Association|
Nelson was represented by Goodmans LLP with a team consisting of Rob Chadwick, Caroline Descours and Sydney Young (restructuring/corporate), Benjamin Zarnett and Jessica Kimmel (litigation), Shevaun McGrath, Jaclyn Seidman, Matthew Segal and Rachel Ouellette (corporate), Mitch Sherman and Glenn Ernst (tax), David Zitzerman (corporate/entertainment), and Jeffrey Citron and Ada Tien (banking). Alvarez & Marsal Canada Securities ULC acted as Nelson’s financial advisor.
Wilmington Trust, National Association, as first lien administrative agent, and the steering committee of first lien lenders were represented in Canada by Bennett Jones LLP with a team that included Kevin Zych and Sean Zweig (restructuring), Robert Staley (litigation), Kristopher Hanc (corporate), and Thomas Bauer and Andrew Sullivan (tax); and by Willkie Farr & Gallagher LLP in the United States with a team that included Paul Shalhoub (restructuring), Penelope Jensen (banking), and Mark Cognetti, Ted Powers III and Dunia Rkein (corporate). AlixPartners, LLP acted as financial advisor to Wilmington Trust, National Association and the first lien steering committee.
Royal Bank of Canada, as first lien lender, second lien administrative agent, and second lien lender, was represented in Canada by Thornton Grout Finnigan LLP with a team that included D.J. Miller and Kyla Mahar (restructuring) and John Finnigan (litigation); and in the United States by Andrew Tenzer (restructuring) of Paul Hastings LLP. CDG Group, LLC acted as financial advisor to Royal Bank of Canada.
FTI Consulting Canada Inc., acting as Monitor in the CCAA proceedings, was represented by Norton Rose Fulbright Canada LLP with a team consisting of Orestes Pasparakis and Evan Cobb (restructuring).