Dechert Advises Centric Brands in its in its Chapter 11 Voluntary Bankruptcy Case

May 19, 2020

Dechert is serving as special corporate counsel to Centric Brands (the “Company”), a leading lifestyle brand collective, in its Chapter 11 voluntary bankruptcy case.  In connection with the bankruptcy case, the Company entered into a restructuring support agreement with  substantially all of its secured lenders, led by certain funds managed by Blackstone, Ares Management Corporation, and HPS Investment Partners, to recapitalize the Company, provide debtor-in-possession financing and allow the Company to operate without interruption throughout the restructuring process.

The Dechert team advising Centric Brands includes corporate partner Nazim Zilkha, finance partner Scott Zimmerman and financial restructuring partner Allan Brilliant.

About Dechert

Dechert is a leading global law firm with 26 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.