Elizabeth R. McColm

Elizabeth R. McColm

Partner
Paul, Weiss

A partner in Paul, Weiss’ Restructuring Department, Elizabeth McColm specializes in the areas of corporate restructurings and bankruptcy and has been involved in major restructurings and bankruptcies representing debtors, creditors and acquirers of assets. Elizabeth’s company-side representations include The Bon-Ton Stores, Noranda Aluminum Holding Corp., JW Aluminum, Boart Longyear Limited, School Specialty, Inc. and Houghton Mifflin Harcourt Publishing Company. Recent creditor-side and investor matters include advising key stakeholders in the restructurings of Country Fresh Holdings, Seadrill Limited, FULLBEAUTY Brands, Pacific Drilling, Oro Negro, GenOn and NRG REMA, Armstrong Energy, Ultra Petroleum and SquareTwo Financial, among others.

Elizabeth is widely recognized as a leading restructuring practitioner, including by Chambers USA, The Legal 500 and IFLR1000, and she speaks frequently at industry events. She co-authors with fellow Paul, Weiss partner Alan Kornberg, an annual chapter in the International Comparative Legal Guide (ICLG) to Corporate Recovery and Insolvency. She also contributed the “Investment Fund Activity in Chapter 11” chapter in Americas Restructuring Review 2020 published by Global Restructuring Review. Elizabeth’s representations have been recognized by numerous industry publications; the M&A Advisor selected Pacific Drilling as the 2019 “Energy Deal of the Year” and The Bon-Ton Stores as 2018 “Consumer Discretionary Deal of the Year (Over $100MM),” and the Financial Times has “Highly Commended” Elizabeth in its annual report on “U.S. Innovative Lawyers” for her work representing certain CEVA Group lenders in the company’s restructuring.

Elizabeth currently serves on the Bankruptcy and Corporate Reorganization Committee of the New York City Bar Association.