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As part of the transaction, the Company also secured a new $30M revolving credit facility, in addition to a new $370 million first lien term loan.

Healogics, Inc., the nation’s leading wound-care center operations provider, on a comprehensive restructuring of over $860 million in funded debt through an out-of-court debt-for-equity exchange, resulting in a $450m deleveraging that obtained 100% participation from its lenders and provided Healogics with $240 million in new equity financing.

MedMen Enterprises, one of nation’s largest cannabis companies and a publicly listed company in Canada, in connection with its leading edge out-of-court restructuring involving hundreds of millions in liabilities and resulting in a $100 million new-money equity recapitalization.

Basic Energy Services, Inc., one of the nation’s largest oilfield service companies with more than 2,400 employees, in connection with its chapter 11 cases and sale of substantially all of its assets.

iFIT Health & Fitness Inc, a global leader in connected fitness and interactive content with an extensive portfolio of iFIT and Sweat streaming platforms and iconic equipment brands such as NordicTrack, in connection with a $355 million capital raise and restructuring of hundreds of millions of other Company obligations.and its affiliates, a leading provider of digital media trading technology and services, in connection with a comprehensive, out-of-court recapitalization transaction, through which certain existing shareholders and financial stakeholders committed to invest up to $150 million through a mix of new capital and a refinancing of existing debt. Regis Corporation, a leader in the haircare industry and franchisor of major salon brands, including Supercuts, in connection with the refinancing and conversion of its existing revolving credit facility to a $180 million term loan and $55 million revolving credit facility.

by IFLR1000, was named among Turnarounds & Workouts’ “Outstanding Restructuring Lawyers”, and Global M&A Network’s Top 100 Restructuring & Turnaround Professionals, and he has also been named a Bankruptcy MVP by Law360. He led the team that advised J.Crew in its groundbreaking consensual restructuring, which won the Financial Times North America Innovative Lawyers Report 2017 award for “Accessing New Markets and Capital.” Ray was named a “Market Leader” for Restructuring and Insolvency in the U.S. In 2020, he was named MVP by Law360 and “Lawyer of the Year: Restructuring and Insolvency” by IFLR1000. Also, in 2020 he was awarded Dealmaker of the Year by The American Lawyer for his work as counsel to Sears Holdings Corporation in its chapter 11 bankruptcy and sale to ESL Investments, he was recognized as a “Top Restructuring Lawyer” by Business Insider and named a Leading Lawyer by Legal 500. In 2021, he was named a “Crisis Leadership Trailblazer” by The National Law Journal and he was inducted into The American College of Bankruptcy as a Fellow. by IFLR1000 and named among the 500 Leading Global Bankruptcy & Restructuring Lawyers by Lawdragon. Most recently, in 2022 he was named a “Market Leader” for Restructuring and Insolvency in the U.S. Ray is consistently recognized as one of the country’s leading restructuring lawyers and is ranked Band 1 both in New York and Nationwide by Chambers & Partners.