Overview
Erez Gilad is a partner in the Financial Restructuring group at Paul Hastings and is based in the firm’s New York office. Mr. Gilad has played a prominent role in many of the largest and most complex chapter 11 restructurings across the country. Leading hedge funds and private equity firms rely on his extensive experience and business acumen to navigate through corporate reorganizations, liability management exercises and distressed investment opportunities. Known for his results-driven approach and strategic litigation prowess, Mr. Gilad has guided official creditor committees, ad hoc groups of lenders and noteholders, and other clients to industry-acclaimed outcomes and in-court victories involving groundbreaking areas of the law.
Recognitions
- Best Lawyers in America
- IFLR1000, "Deal of the Year: Banking and Finance" for Pacific Gas and Electric Company, 2020
- IFLR1000, Notable Practitioner
- Turnaround Management Association, Transaction of the Year: Large Company for Aceto Corporation, 2020
- The Legal 500 United States
- The M&A Advisor, Energy Deal of the Year (over $1B) for EP Energy, 2021
Education
- J.D., Benjamin N. Cardozo School of Law, Yeshiva University, 2000; Member, Cardozo Law Review
- B.A., Yeshiva University, 1995
Representations
Official Committees of Unsecured Creditors:
• Aceto Corporation
• Advanced Glassfiber Yarns I
• Dayton Superior
• EP Energy Corporation
• Extraction Oil and Gas
• Fieldwood Energy
• Formica Corporation
• FTX
• Global Brands Group
• K-V Pharmaceutical Company
• LSC Communications
• The McClatchy Company
• Savient Pharmaceutical
• Tropicana Entertainment Inc.
Ad Hoc Group and Other Representations:
• American Gilsonite Company (second lien noteholders, DIP lenders)
• Brookstone I & II (first lien noteholders)
• Caesars Entertainment (first lien noteholders)
• Cenveo (first lien noteholders, DIP lenders, backstop parties)
• Chaparral Energy (unsecured noteholders, backstop parties)
• Deluxe Entertainment (first lien lenders, DIP lenders)
• iPayment (special committee of board of directors)
• Lonestar Resources (unsecured noteholders)
• Murray Metallurgical Coal Holdings (second lien bondholders / debtors)
• PG&E and Pacific Gas and Electric Company (DIP agent)
• Seadrill Limited (unsecured noteholders, backstop parties)
• Strike (asset purchaser, DIP lender, ABL & term lender)
• TPC Group (first and second lien noteholders, DIP lenders, backstop parties)
• Trump Entertainment II & III (second lien bondholders / debtors)
news
Engagement & Publications
- Speaker, "Attempted Hostile Takeovers in Bankruptcy: DBSD, Philadelphia Newspapers, MGM, Tribune," 13th Annual New York City Bankruptcy Conference, American Bankruptcy Institute, 2011
- Co-author, "District Court Affirms Momentive Ruling on Intercreditor Dispute," Stroock Special Bulletin, 2018
- Co-author, "Stroock Prevails in Subordination Dispute Over Post-Petition Interest," Stroock Special Bulletin, 2013
- Co-author, "Amended Bankruptcy Rule 2019 Goes into Effect," Stroock Special Bulletin, 2011