George A. Davis

Partner
New York
  • 885 Third Avenue
  • New York, NY 10022-4834
  • USA
Profile Experience

George Davis, Global Chair of Latham & Watkins’ Restructuring & Special Situations Practice, helps leading public and private companies, sponsors, and investors navigate their highest-stakes restructurings, including some of the most complex and contentious matters of the past three decades.

Widely recognized as one of the top restructuring lawyers in the United States, Mr. Davis combines shrewd tactical and negotiating skills with creative problem solving to achieve outcomes sought by clients. Mr. Davis offers particular experience in large-scale restructuring matters involving prominent multinational and domestic companies across diverse industries, including the energy, chemicals, metals, manufacturing, real estate, gaming, financial services, retail, telecommunications, airline, and healthcare sectors.

Mr. Davis’ significant company representations have included advising:

  • Libbey Glass, Inc
  • Mallinckrodt
  • Weatherford International
  • Hexion
  • Alta Mesa Resources
  • Sable Permian Resources
  • IMERYS
  • Savers Thrift Superstores
  • Verso
  • New Page
  • Ocwen Financial
  • LyondellBasell
  • Bethlehem Steel
  • Cal Dive International
  • Carmike Cinemas
  • Caribbean Petroleum
  • DIMAC Holdings
  • Entegra Power Holdings
  • Factory Card Outlet Stores
  • IMPATH
  • Marvel Entertainment
  • McCulloch
  • Patriot Rail Company
  • Saint Vincent Catholic Medical Centers
  • Sunbeam
  • The Portland Trailblazers
  • Xerium Technologies

Mr. Davis also regularly handles high-profile restructurings on behalf of sponsors and investors, including:

  • AIG
  • Apollo
  • Avenue Capital
  • Bank of America
  • Blackstone
  • Carlyle
  • Centerbridge
  • Franklin Templeton
  • General Motors
  • GSO
  • Oaktree
  • PSEG
  • Riverstone
  • Solus Capital
  • TPG
Accolades

Mr. Davis has earned broad recognition for his distinctive practice work from industry publications, clients, and peers. Chambers USA describes Mr. Davis as “impressive,” “extremely talented,” “top-notch,” and “a real leader in the bankruptcy space,” commending his “highly competent, constructive, deal-making approach.” IFLR 1000 notes “his success in building consensus among groups with extremely different viewpoints.” Likewise, The Legal 500 US says that Mr. Davis is “excellent, very professional and a pleasure to work with,” and Corporate Counsel praises his “outstanding knowledge, timely delivery of work and quick response time.”

According to The Best Lawyers in America, clients “recommend George to run any deal” and describe him as “extremely smart and thoughtful” with the “ability to find solutions to difficult problems and to build consensus amongst warring factions.”

Mr. Davis’ broad experience includes advising:

Company-Side Restructurings
  • Libbey Glass Inc., a glass tableware maker in the US Bankruptcy Court for the District of Delaware, in regard to its chapter 11 filing
  • Mallinckrodt, a major global specialty pharmaceutical company, in its chapter 11 restructuring relating to its opioid-related liabilities
  •  Weatherford, one of the largest multinational oilfield services companies, in its US$5.8 billion deleveraging through prearranged restructuring proceedings in the US, Ireland, and Bermuda
  • Hexion, a leading global chemical company, in its more than US$2 billion deleveraging pre-arranged chapter 11 case
  • Alta Mesa Resources, an independent oil and gas exploration and production company with reserves in the Anadarko Basin, in its chapter 11 restructuring
  • Sable Permian Resources, an independent oil and gas exploration and production company with reserves in the Permian Basin of West Texas, in its successful out-of-court restructuring
  • Subsidiaries of Imerys, a French multinational company that produces and processes talc, in connection with their chapter 11 case
  • Savers Thrift Superstores, a thrift superstore, in connection with its successful out-of-court restructuring
  • Verso and New Page, leading North American producers of printing papers, specialty papers, and pulp, in all aspects of their chapter 11 cases*
  • LyondellBasell Industries, one of the world’s largest polymers, petrochemicals, and fuels companies, in all aspects of its chapter 11 proceedings and discharge of US$40 billion of funded debt and contingent liabilities*
    • M&A Advisor Turnaround Award of the Year from M&A Advisor
    • Investment Dealers’ Digest Restructuring Deal of the Year Award
    • IFLR Europe Restructuring Deal of the Year Award
  • Cal Dive International, a market-leading oil and gas infrastructure company, in all aspects of its chapter 11 cases*
    • M&A Advisor Turnaround Award of the Year
  • Entegra Power Holdings, an independent power company with ownership interests in two of the largest gas-fueled power plants in the US, in effecting a substantial deleveraging through a quick and efficient prepackaged chapter 11 case*
    • Turnarounds & Workouts Restructuring of the Year
  • Ocwen Financial, a leading non-bank mortgage servicer, in developing and executing its successful liability management strategy involving more than US$10 billion of funded debt*
  • Caribbean Petroleum, a Puerto Rico-based company involved in the import, offloading, storage, distribution, and retailing of petroleum products, in all aspects of its chapter 11 case*
    • IFLR Americas Restructuring Deal of the Year Award Finalist
  • Saint Vincent Catholic Medical Centers, the largest Catholic hospital system in New York State, in all aspects of its chapter 11 proceedings, including the sale of three non-core hospitals*
Creditor and Investor-Side Restructurings
  • GSO as fulcrum second-lien lender and successful plan sponsor in Legacy Reserves’ highly litigious chapter 11 cases
  • An ad hoc group of creditors in connection with the restructuring of First Energy Solutions and its subsidiary debtors
  • An ad hoc group of first-lien creditors in connection with the chapter 11 restructuring of Appvion and affiliated debtors
  • An ad hoc group of first-lien creditors in connection with the chapter 11 restructuring of Fieldwood Energy and affiliated debtors
  • Bank of America, as administrative agent under the revolving credit facility, in connection with the restructuring of Stone Energy Corporation*
  • Wilmington Trust, as successor second-lien term loan agent, in connection with the restructuring of Bennu Oil & Gas*
  • An ad hoc group of secured bondholders issued by Homer City Funding, LP*
  • Holders of lessor notes in the potential restructuring of Coso Geothermal*
  • US Bank as trustee for the holders of secured notes guaranteed by subsidiaries of Dynegy Holdings in the bankruptcy of Dynegy Holdings, one of the more contentious bankruptcies in recent years; Mr. Davis challenged Dynegy’s pre-chapter 11 movements of assets, its chapter 11 plan, and attempts to cap his clients’ claims, and secured a settlement providing for payment in full with interest of his clients’ claims*
  • An ad hoc group of senior noteholders in Kaiser Aluminum & Chemical’s chapter 11 case, including in successful litigation up to the Third Circuit Court of Appeals to enforce the terms of an intercreditor agreement with subordinated noteholders, which resulted in payments of his clients’ claims in full*
  • A leading financial institution as lender and agent for a syndicate of four other US banks under a secured US$2.5 billion bridge loan facility in Centro Properties Group’s highly successful, multinational out-of-court restructuring*

*Matter handled prior to joining Latham

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