Corporate Restructuring
T: 312.407.0549
F: 312.407.8641 ron.meisler@skadden.com
Education
J.D., The University of Michigan
Law School, 1999
M.B.A., University of Michigan, 1999
B.A., University of Michigan, 1994
Bar Admissions
Illinois
Ron Meisler represents clients in complex transactions involving business reorganizations, troubled company M&A, debt restructurings and recapitalizations, distressed financings, and alternative and special situation investments. He has represented purchasers of and investors in distressed companies, lenders to and creditors of troubled companies, companies experiencing financial difficulties and creditors’ committees in connection with all stages of complex restructurings throughout the United States, Europe and South America.
Mr. Meisler’s representations of distressed investors and his experience with troubled M&A transactions include: Black Diamond Capital Management, L.L.C.
in its $178 million acquisition of the assets of White Birch Paper Company as part of White Birch’s cross-border restructuring; Delphi Corporation , one of the largest global automotive suppliers, in connection with numerous dispositions of billions of dollars of assets, including the sale of the following divisions: break hose, catalyst, exhaust, interior and closures, steering, suspension and brakes, and wheel bearing; Equity Group Investments LLC in connection with subordinated financings to a subsidiary of Emmis Communications Corporation and in the
Chapter 11 of Middlebrook Pharmaceuticals, Inc.; Health Evolution Partners and affiliates in connection with the Chapter 11 of a portfolio company, MacKeyser Holdings, LLC, including with respect to originating a DIP loan; Harel Insurance Investments & Financial
Services Ltd.
in the structure and formation of a joint venture for the $125 million acquisition of a portfolio of multi-family properties in the southeastern United States; Hermitage
Management LLC and PPM America, Inc.
in the acquisition of Spanish Trail Country Club
Inc. via a credit bid, as part of Spanish Trail’s Chapter 11 case; second-lien lenders and certain third-lien lenders in the Chapter 11 prepackaged restructuring of Entegra Power
Group, LLC; Zell Credit Opportunities Master Fund, L.P.
in the debt-for-equity swap in the Chapter 11 bankruptcy case of Delta Petroleum Corporation; and Ziff Brothers Investments in connection with the Weinstein Company out-of-court restructuring.
Company-side representations of note include: Blue Bird Bus Company , one of the world’s leading bus manufacturers, in connection with its restructuring; Comdisco, Inc.
, formerly a leading multibillion-dollar leasing and technology company, in connection with its Chapter
11 case; Delphi Corporation in connection with the restructuring of more than $22 billion in liabilities; Eagle Food Centers, Inc.
, formerly a regional grocery store chain with $600 million in revenues, in connection with its Chapter 11 liquidation; Globalstar, Inc.
, a leading satellite telecommunications company, in connection with its out-of-court exchange;
McLeodUSA Incorporated , a regional multibillion-dollar competitive local exchange carrier, in connection with its Chapter 11 prepack; Montgomery Ward & Co.
, formerly a multibillion-dollar national retailer, in connection with its Chapter 11 liquidation; Pennfield
Corporation , a regional supplier of animal nutrition and services, in connection with its restructuring; and The Singer Company N.V.
, a leading multibillion-dollar global manufacturer of appliances, including sewing machines, in connection with its restructuring.
Mr. Meisler also has extensive experience regarding the intersection of U.K. pension law and U.S. bankruptcy law, and in that regard has advised a Fortune 500 company regarding mitigation of U.K. pension regulatory risk and previously has represented the Reader’s
Digest U.K. pension trustee and the Visteon U.K. pension trustee , respectively, in each
1 Skadden, Arps, Slate, Meagher & Flom LLP
of the Reader’s Digest and Visteon Chapter 11 cases. In addition,
Mr. Meisler has extensive experience with respect to U.S.-defined benefit pension plans and has solved complex issues and negotiated resolutions with the Pension Benefit Guaranty Corporation (PBGC) in connection with numerous pension plans (both large and small).
His experience also includes advising executives and boards in connection with troubled companies, including the representation of Antonio Perez , the former CEO of Kodak, in connection with
Kodak’s Chapter 11 case. Mr. Meisler also was among the partners leading the representation of the unsecured creditors’ committee of AMR Corporation , the parent company of American Airlines, in the company’s Chapter 11 case.
Mr. Meisler repeatedly has been selected for inclusion in Chambers
USA: America’s Leading Lawyers for Business and was selected in
The Best Lawyers in America in 2015 and 2016. He also was twice named one of the country’s “Outstanding Young Restructuring
Lawyers” by Turnarounds & Workouts magazine.
Associations
Member, Turnaround Management Association (2000 to
Present); TMA Board Member
(2007-Present); and Member of TMA Board’s Executive
Committee (2009-2012)
Slate, Meagher & Flom LLP
November 10, 2014
“Circuit Splits Emerge Regarding Trademark Licensees’
Bankruptcy Rights,” Skadden’s
2013 Insights , January 2013
,
Publications
“Oil and Gas Companies Brace for Fall Redeterminations,”
Skadden, Arps, Slate, Meagher &
Flom LLP , October 19, 2015 and
Oil & Gas Financial Journal ,
October 9, 2015
“Momentive Shifts Balance of
Power In Complex Chapter 11,”
Law360 , May 15, 2015
“Seventh Circuit Rules on
Trademark Licensees’ Bankruptcy Rights,” Skadden, Arps,
Slate, Meagher & Flom LLP ,
July 27, 2012
“Supreme Court to Consider
Secured Lender Credit-Bidding
Rights,” S kadden’s 2012 Insights ,
January 12, 2012
“District Court Decision on
MPM Silicones Bankruptcy
Case Highlights Risks for
Secured Lenders,” Skadden,
Arps, Slate, Meagher & Flom
LLP , May 14, 2015
“Third Circuit Holds Portion of
Withdrawal Liability Is Postpetition Administrative Expense,”
Skadden, Arps, Slate, Meagher &
Flom LLP , October 20, 2011
“Enforcement of Intercreditor
Agreements in Bankruptcy,”
Norton Journal of Bankruptcy
Law & Practice , May/June 2011 “Recent Cases Highlight
Potential Pitfalls for Distressed
Investors,” Skadden’s 2015
Insights - Corporate Restructuring , January 2015
“Exploring the Outer Limits of
Credit Bidding,”
February 2011
The Journal of
Corporate Renewal , January/
“Significant Ruling Gives Chapter 11 Debtors New Leverage
Over Secured Creditors,” Skadden’s 2015 Insights - Corporate
Restructuring , January 2015
“Japanese Acquirer Resolves
Pension-Related Liabilities of
US Subsidiary,” Skadden, Arps,
“Rejection of Intellectual
Property License Agreements
Under Section 365(n) of the
Bankruptcy Code: Still Hazy
After All These Years,” Norton
Journal of Bankruptcy Law and
Practice , May 2010
2 Skadden, Arps, Slate, Meagher & Flom LLP