Isaac SassonIsaacSasson

Partner, Financial Restructuring

isaacsasson@paulhastings.com

New York+1 212 318 6948

Isaac Sasson is a partner in Paul Hastings' Financial Restructuring practice, based in the firm's New York office. He advises creditors, ad hoc groups, private credit funds, official committees of unsecured creditors, private equity funds and private companies across complex liability management transactions and in-court and out-of-court restructurings.

Isaac's practice is as much commercial as it is legal. He works with clients across the full arc of a restructuring and liability management exercise — from ad hoc group organization, negotiation strategy, getting to yes, documentation and litigation when it comes to that — with a particular focus on navigating competing interests and building consensus.

Boardriders (ad hoc group of priming lenders).
Brazos Electric Cooperative, Inc. (creditor).
Caesars Entertainment Operating Company et al. (certain stakeholders).
Commonwealth of Puerto Rico (bondholders).
Crew Group Inc. (company).
Deluxe Entertainment Services Group, Inc. (ad hoc group of secured lenders).
Desktop Metal (ad hoc group of secured and convertible noteholders).
Embarq (ad hoc group of noteholders).
Empire Today (ad hoc group of secured lenders).
Florida Food Products (ad hoc group of first lien lenders).
Franchise Group (ad hoc group of first lien and DIP lenders).
FTX (official committee of unsecured creditors).
GT Real Estate Holdings LLC (certain stakeholders).
Intelsat (ad hoc group of convertible noteholders).
Loparex (second lien lender).
The Container Store (ad hoc group of secured lenders & DIP lenders).
The McClatchy Company (official committee of unsecured creditors).
Mesquite Energy (special committee of the board of directors).
New You Bariatric Group (secured lender; agent).
Output Services Group, Inc. (ad hoc group of secured lenders).
Petmate (minority lenders).
Pipeline Health Systems (DIP, prepetition term lenders & equity).
Strike LLC (stalking horse purchaser; secured lender).
Sonrava/Western Dental (ad hoc group of secured lenders).
Travelport (ad hoc group of priority lenders).

Outstanding Young Restructuring Lawyer
Turnarounds & Workouts, 2026
Nationally Recommended, Restructuring Including Bankruptcy: Corporate
Legal 500 USA, 2025
Ones to Watch in America for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law
Best Lawyers, 2025
Next Generation Program
National Conference of Bankruptcy Judges, 2024
International Matter of the Year (FTX)
American Bankruptcy Institute, 2025
Restructuring of the Year, Over $10B (Intelsat)
The M&A Advisor, 2023
Restructuring of the Year, Over $1B (Brazos Electric)
The M&A Advisor, 2023
Large Company Turnaround/Transaction of the Year (Pipeline Health)
Turnaround Management Association, 2023

“Treatment of Letters of Credit in Bankruptcy: A Primer,” Annual Survey of Bankruptcy Law 4, Co-Author
2019
“What Constitutes a Transfer of ‘All or Substantially All’ of a Borrower’s Assets for Purposes of Indentures and Credit Agreements?” New York Law Journal, Co-Author
JUNE 8, 2018
“Introduction to Ad Hoc Committees In Distressed Situations,” New York Law Journal, Co-Author
SEPTEMBER 29, 2016
Judicial Review of Plan Support Agreements: A Review and Analysis, 9 NYU J.L. & Liberty 850, Author
2015

Member
American Bankruptcy Institute

"When Superpriority Isn’t So Super: Losses, Lessons, and the New Reality of Debtor in Possession Financing," TMA NYC Distressed Investing Seminar, Speaker
APRIL 15, 2026

Direct Lending & Private Credit Lending

Direct Lending & Private Credit Lending

Financial Restructuring

Financial Restructuring