Alice Eaton

Alice Eaton

Partner and Deputy Chair, Restructuring Department
Paul Weiss

Deputy Chair of the Restructuring Department, Alice advises creditor and debtor clients in corporate reorganizations and bankruptcies, with a focus on post-petition financings, exit financings and related transactions. Her recent company-side matters include advising Revlon, The IMAGINE Group, Foresight Energy, Animal Supply Company, Preferred Sands, Expro Holdings, and Performance Sports Group and various portfolio companies of the firm’s private equity clients. Recent creditor-side experience includes advising stakeholders in Western Global Airlines, Endo Pharmaceuticals, Talen Energy Supply, Bausch Health, Mallinckrodt, Neiman Marcus, LSC Communications, Oasis Petroleum, Extraction Oil & Gas, Exide Technologies, McDermott International, TOMS Shoes and PetSmart, among many others.

Alice was named as one of Law360’s “Bankruptcy MVPs” in both 2023 and 2021 and she was recognized as a 2022 “Outstanding Restructuring Lawyer by Turnarounds & Workouts. Chambers USA recognizes Alice for her “rare combination of bankruptcy and financing experience” and cites clients who praise her for being “tenacious in representing [their] best interests” and “one of the best deal-side lawyers [they] have ever worked with.” The Legal 500 writes that Alice’s “ease in grasping complex structures make her the perfect lawyer to attack difficult restructuring issues.” She is recognized by The Best Lawyers in America for her work in Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and was named in Lawdragon’s “500 Leading US Bankruptcy & Restructuring Lawyers.”

Alice’s matters are routinely recognized by industry publications and associations. The M&A Advisor selected the restructuring of Performance Sports Group as its “Restructuring of the Year ($500M-$1B)” and The Turnaround Management Association (TMA) honored Alice with two awards—its 2018 “Transaction of the Year: Large Company” award for her work on Performance Sports Group’s chapter 11 case, and its 2016 “Turnaround of the Year: Mega Company” award for her work on behalf of Chassix Holdings Inc. debtholders. The Financial Times has recognized Alice’s work on a number of restructurings in its annual report on “U.S. Innovative Lawyers,” including “Highly Commending” her work on behalf of the Ad Hoc Committee of Dynegy Bondholders (2012) and CIT Group bondholders (2010), and “Commending” her work on the successful restructuring of AbitibiBowater (2011).

Since 2018, Alice has served as a member of the Complex Case Committee for the U.S. Bankruptcy Court for the Southern District of Texas, which is tasked with reviewing and recommending changes to the existing procedures for complex bankruptcy cases. Alice received her J.D. from New York University School of Law and graduated summa cum laude from Bowdoin College.