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White & Case

Restructuring 2010

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RankingHighly commended
InnovationAdvising junior lenders in the restructuring of Six Flags, the amusement park operator
DescriptionSet the strategy for eventually getting its clients, the original junior lenders, 95 per cent of the equity in the company. White & Case objected to an initial plan, which would have wiped out clients’ claims, and brought in new finance that won more time to come up with the successful reorganisation plan