An associate in the Restructuring Department, Mitchell advises debtors, creditor groups, distressed investment funds and sponsors in a wide range of restructuring matters, including chapter 11 cases, out-of-court restructurings and cross-border matters. He also advises borrowers, lenders and sponsors on liability management transactions, direct lending transactions and distressed investments.
Mitchell published an article in the Capital Markets Law Journal titled “The Development of Collateral Stripping by Distressed Borrowers.” He also co-authors, alongside Paul, Weiss partners Brian Bolin and Lauren Bilzin, the annual “Investment Fund Activity in Chapter 11” chapter in Americas Restructuring Review. Prior to joining Paul, Weiss, Mitchell clerked for Chancellor Kathaleen St. Jude McCormick of the Delaware Court of Chancery.
Mitchell’s representative experience includes advising:
- HPS Investment Partners in a recapitalization transaction with Vialto, a New York-based provider of global mobility, tax and immigration solutions. The recapitalization transaction reduced the company’s outstanding debt by approximately $550 million, delivered a $225 million new money equity capital investment and provided the company with certain amendments to its existing debt obligations
- An ad hoc group of secured and unsecured creditors of Bausch Health, a multinational healthcare company, in connection with the company’s proposed spin-off of its eyecare business and potential transactions with respect to the company’s funded debt
- An ad hoc group of secured and unsecured creditors of Digicel Group, the leading provider of mobile phone networks and home entertainment services in 25 markets across the Caribbean, Central America and Asia Pacific, in its restructuring of over $5.4 billion of debt
- An ad hoc group of unsecured noteholders of Werner, the world leader in the manufacturing and distribution of ladders, climbing equipment, fall protection and ladder accessories, in connection with an exchange offer and consent solicitation with respect to its outstanding notes
- CovisPharma, a multinational pharmaceutical company, in the out-of-court recapitalization involving more than $1 billion of outstanding first- and second-lien funded debt
- A secured lender to a leading brand of pet products in the out-of-court restructuring of over $200 million of funded debt, which included a new-money investment of $40mm and exchange of existing debt into a new, multi-tranche priority structure
- Talen Energy Supply, a power generation and infrastructure company in North America, in its chapter 11 cases, with approximately $5 billion in funded debt obligations*
*Matters worked on prior to joining Paul, Weiss
