Elisha Graff is a Partner in the Firm’s Restructuring and Bankruptcy Department at Simpson Thacher & Bartlett LLP. He regularly represents clients in connection with out-of-court restructurings and Chapter 11 cases. His work has focused primarily on advising companies in connection with their in-court or out-of-court restructurings, equity sponsors in connection with the restructuring of their portfolio companies, and financial institutions with their loans to distressed companies.
Elisha has regularly represented JPMorgan Chase Bank, N.A. and other financial institutions as administrative agent for secured lending syndicates in connection with in-court and out-of-court restructurings. He is also regularly called upon to assist the Firm’s private equity clients (including First Reserve, Blackstone, KKR and Apax and other sponsor clients) with their portfolio companies that are in distress or in potential need of a restructuring, plan sponsors, and acquirers of distressed companies, as well as financial advisors with retention matters.
Recently, Elisha’s work has included acting as counsel to:
- Dixie Electric in connection with its financial restructuring through a pre-packaged Chapter 11 case
- J.G. Wentworth in connection with its financial restructuring through a pre-packaged Chapter 11 case
- JPMorgan Chase Bank, N.A., as administrative agent under The NORDAM Group’s pre-petition revolving credit facility, DIP facility and exit credit facilities, in The NORDAM Group’s Chapter 11 case
- Apax, as equity sponsor, in connection with the Chapter 11 case of its portfolio company FullBeauty
- JPMorgan Chase Bank, N.A., as administrative agent under EV Properties’ pre-petition reserve based credit facility and exit reserve based credit facility, in EV Properties’ pre-packaged Chapter 11 case
- Apax, as equity sponsor, in connection with the Chapter 11 case of its portfolio company rue21
- First Reserve, as equity sponsor and debt holder, in connection with the Chapter 11 case of its portfolio company AFGlobal Corporation
- Apax, as equity sponsor and debt holder, in connection with the Chapter 11 case of its portfolio company Answers Corporation
- JPMorgan Chase Bank, N.A., as administrative agent under Halcon Resource Corporation’s pre-petition reserve based credit facility, $600 million debtor-in-possession financing facility and $600 million exit reserve based credit facility, in Halcon’s pre-packaged Chapter 11 case
- Templar Energy LLC with a financial restructuring that resulted in the extinguishment of $1.45 billion in second lien debt, a new equity investment of $365 million, and an amended reserve based credit facility with a $600 million borrowing base
- JPMorgan Chase Bank, N.A., as administrative agent under Swift Energy Company’s pre-petition reserve based credit facility, and as sole lead arranger and sole bookrunner in Swift’s $500 million exit facility, in Swift’s Chapter 11 case
In addition, Elisha represented Apax Partners, as equity sponsor and holder of over $1.2 billion of debt, in connection with the Chapter 11 case of its portfolio company Cengage Learning. He has also represented Motor Coach Industries International, Inc., and its affiliates in connection with their Chapter 11 cases.
Elisha has also acted as counsel to the Lenders in several large Chapter 11 cases, including Logan Roadhouse, Inc., Oriental Trading Company; Jefferson County, Alabama (Chapter 9); Station Casinos, Inc.; Smurfit-Stone Container Corporation; Idearc Inc.; NextMedia Group, Inc.; Lear Corporation; Adelphia Communications Corp.; Federal-Mogul Corporation; GT Brands, LLC; RCN Corporation; Galey & Lord, Inc.; GenTek, Inc.; and Recoton Corporation.
Elisha has regularly acted as counsel to PJT Partners, Berenson & Company, and other financial advisors in connection with retention and compensation matters in the various restructuring and bankruptcy engagements in which the financial advisors are involved.
He received his B.A., magna cum laude, from Yeshiva University in 1997 and his J.D., cum laude, from Harvard Law School in 2000.