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Image: Marija Pecar

Marija Pecar

Partner, Corporate Department

Overview

Marija Pecar is a partner in the Special Situations and Financial Restructuring groups at Paul Hastings, with expertise on a wide range of capital solutions involving both performing and non-performing debt.  

Marija has experience across a variety of opportunistic and hybrid credit transactions, direct lending, bridge and rescue financings, liability management transactions, loan-to-own and other distress-for-control transactions, and both domestic and cross-border restructurings (including Chapter 11 debtor-in-possession financings). Marija’s predominantly creditor-side client base comprises leading investment and commercial banks, private credit providers, alternative asset managers, BDCs, CLOs, hedge funds and insurers. Her practice is industry and sector agnostic, with transactions involving TMT, energy, infrastructure, retail, consumer, healthcare, crypto and financial services. 

The core of Marija’s practice is enabling credit investors to capitalize on opportunities that require sophisticated analysis and complex structuring, find creative ways to leverage documentary weaknesses and counterparty pressure points to maximize returns, and hedge against downside scenarios in times of financial distress. Clients turn to Marija for her ability to navigate challenging situations that are often inherently off-market, lack precedent and call for bespoke structures. 

Prior to joining Paul Hastings, Marija practiced at two other major international firms in New York, as well as one in London.  As a result of her career experience in both London and New York, and her dual-qualification under both New York and English law, Marija is frequently involved in cross-border transactions and works closely with the firm’s London and other foreign offices. 

Accolades

  • Rising Star Partner, IFLR1000
  • 25 in '25 - Trailblazing Women in Credit, Kayo
  • Ones to Watch, Best Lawyers in America
  • Top Women in Dealmaking, The Deal
  • Emerging Leader, The M&A Advisor
  • Turnaround of the Year: Mid-Size Company for American Addiction Centers, Turnaround Management Association (2021)

Education

  • University of Oxford, M.A., 2014
  • The College of Law, Postgraduate Diploma in Legal Practice (Commendation), 2011
  • New York University School of Law, L.M., 2010
  • University of Oxford, Bachelor of Arts (Jurisprudence), 2009

Representations

  • 21st Century Oncology, Inc. (ad hoc cross-holder creditor group providing bridge, DIP and Chapter 11 exit financing)
  • American Addiction Centers (majority lenders in prepetition, DIP and exist financing transactions and debt-to-equity exchange)
  • Animal Supply Company (ad hoc group of second lien lenders)
  • Caesars Entertainment Corporation (ad hoc group of first lien lenders)
  • Chase Industries (ad hoc group of 1.5L and 2L lenders)
  • Cenveo (DIP agent and lenders)
  • Convene (senior secured term lenders)
  • Core Scientific (ad hoc group of convertible noteholders)
  • Dex Media Inc. (senior secured term facility lenders)
  • Digicel (ad hoc group of secured lenders and secured noteholders)
  • Foresight Energy LLC (ad hoc bondholder group in consensual restructuring of $1.4 billion capital structure)
  • Garden Fresh Restaurant Corp. (prepetition secured lender and DIP lender in credit bid and Chapter 11 transaction)
  • Hovnanian Enterprises, Inc. (term lender and revolving lender in special situations financing transaction)
  • Iracore International Holdings, Inc. (senior secured lenders in out-of-court debt-to-equity exchange and term financing)
  • Marelli Holdings (official committee of unsecured creditors)
  • Permian Production Partners (senior secured lenders in out-of-court restructuring financing)
  • Pipeline Health (prepetition equity holder and term lender)
  • Reagan Corporation (borrower in whole-business securitization financing)
  • Sandy Creek Energy Station (ad hoc group of first lien lenders in out-of-court debt-to-equity exchange and term financing)
  • Strike Industries (American Industrial Partners, as sole provider of bridge and DIP financing and majority lender leading Chapter 11 and foreclosure transaction)
  • Summit Midstream (majority lenders leading consensual debt exchange and foreclosure transaction)
  • Transmar Commodity Group Ltd. (ABL credit facility lender and agent)
  • VIP Cinema Seating (second lien lender and DIP lender in Chapter 11 restructuring)

Engagement & Publications

Speaking Engagements

  • Evolving Together: Exploring the Relationship Between Banks and Private Credit in the Current Restructuring Landscape,” Wharton Restructuring and Distressed Investing Conference, Panelist (Feb. 20, 2026)
  • Women in Restructuring Podcast” Marija Pecar joined the dialogue in this joint venture between Debtwire and the American Bankruptcy Institute to share practical observations drawn from years of working at the center of market stress. (Jan. 9, 2026)
  • Debtwire Miami 2025: Takeaways and predictions for year’s end,” Debtwire Miami 2025, Speaker (Dec. 23, 2025)
  • "Making It Big: Maximizing the Benefits of Sponsors and Mentors," Centerforce’s Virtual Summit on Women, Diversity & Change on Wall Street, Speaker (Oct. 6, 2021)
  • “Hot Button Issues in Transactional & Corporate Compliance,” 2018 Hispanic National Bar Association Annual Convention, Panelist (Sept. 6, 2018)
  • "Blockchain Technology and the Financial System: Legal and Regulatory Issues", New York City Bar Association, Futures & Derivatives Regulation Committee, Speaker (June 14, 2017)

Publications

  • "Unblocking the Blockchain: Regulating Distributed Ledger Technology," Futures & Derivatives Law Report, Co-Author (November 2016)

Practice Areas

Financial Restructuring


Languages

English


Admissions

New York Bar


Education

New York University School of Law, LL.M. 2010

University of Oxford, B.A./M.A. 2009