Founded in 1983, Pachulski Stang Ziehl & Jones is a law firm
focusing on corporate restructurings. Specifically, the firm
focuses on bankruptcy reorganizations and out-of-court workouts,
bankruptcy and business litigation and business transactions.
In the Business of Bankruptcy
PSZJ is the firm to call when only a few dollars (or none) are
left in the bank. Its focus on corporate restructuring has brought
Six Flags, Harry & David, Agway, Polaroid, United Artists
Theaters Company, Coach America, Fruit of the Loom, Suzuki,
Chrysler and even Mike Tyson knocking at its door.
The firm has grown since its founding in 1983 to become the
largest bankruptcy boutique firm in the country, with a presence on
both coasts. The firm has offices in Los Angeles, San Francisco,
New York and Delaware. Its skill in handling insolvencies has been
hailed by The Daily Journal, which deems it "one of the
best firms in the country," The American Lawyer
and Chambers and Partners. As a specialized firm, PSZJ has
in-depth knowledge of the nuances of bankruptcy law, corporate,
avoidance and claims litigation, M&A and general business and
commercial litigation in industries and entities as diverse as
healthcare, national retail and restaurant chains, real estate,
entertainment, financial holdings and archdioceses.
Insolvency isn't just a problem for companies in the U.S., so
PSZJ's solutions and counsel accordingly extend beyond America's
borders. It was one of six firms to be awarded the Global M&A
Network 2012 "Mid Markets Firm of the Year" distinction. The firm
won two additional Turnaround Atlas Award recognitions from Global
M&A: the "Media and Entertainment Turnaround of the Year" for
its role as co-counsel to Caribe Media, the Yellow Pages
publication rights owner in Puerto Rico and the Dominican Republic
and the "Turnaround of the Year-Middle Markets" for its full asset
recovery for the largest Mexican manufacturer or copper and
electrical products to sectors throughout Mexico, Latin America,
the U.S. and Europe.
They just don't make cars like they used to. PSZJ was hired by
American Suzuki Motor Corporation, the U.S. subsidiary of Japanese
parent company Suzuki Motor Corporation, when it filed Chapter 11
bankruptcy in 2012. ASMC, the U.S. distributor of Suzuki-line
automobiles, all-terrain vehicles, motorcycles and racing bikes and
boats, was hundreds of millions of dollars in debt and filed in
order to refocus its efforts on motorcycles, all-terrain vehicles
and boats and discontinue its automobile line. PSZJ helped obtain
ASMC a $45 million debtor-in-possession loan from the U.S.
Bankruptcy Court to facilitate its restructuring.