Partnering with Kirkland & Ellis, Jackson Walker represented Technicolor S.A. in filing a Chapter 15 petition in the Southern District of Texas to help reduce $1.58 billion of debt resulting from the COVID-19 pandemic.
The Jackson Walker team representing Technicolor S.A. includes Matthew D. Cavenaugh, Jennifer F. Wertz, and Veronica A. Polnick. The case is filed in the U.S. Bankruptcy Court for the Southern District of Texas – Houston Division.
For additional information, view Technicolor’s 2020 Financial Restructuring Plan and the Law360 article “French Film Co. Technicolor Seeks To Cut Debt In Ch. 15 Case” (subscription required).
On March 19, 2021, IFLR listed the Technicolor S.A. Chapter 15 bankruptcy in its shortlist of the restructuring deals of the year for the 2021 IFLR Europe Awards. Winners will be announced on Thursday, April 29. For more information, view the announcement of the IFLR Europe Awards 2021 shortlist.
Founded in 1887, Jackson Walker has played a vital role in the growth and development of Texas business. With more than 400 attorneys across seven Texas-based offices, we are the third-largest law firm in the state and have been recognized by Law360 as a “Texas Powerhouse” and an “elite law firm” that regularly provides counsel to industry-leading clients on highly complex transactions. The Firm is ranked nationally in 27 practice areas in the U.S. News’ “Best Law Firms” rankings, has nine Chambers-ranked practices and 16 practice areas with Chambers-ranked attorneys, and has been recognized as a BTI Client Service A-Team since 2014. To explore Jackson Walker’s experience representing retailers in seeking bankruptcy protection amid the pandemic, visit our Bankruptcy, Restructuring, & Recovery and Debtor Representation practice pages.
- Fast Takes Podcast: Chapter 15 Bankruptcy Issues, Venue, and Jurisdiction »