Rebecca Ritchie is a restructuring associate in the Chicago office of Kirkland & Ellis LLP.
Experience
Representative Matters
Since joining Kirkland, Rebecca has been involved in the following representative matters:
Representation of Accuride Corporation and 15 of its debtor affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware. Accuride is the one of the largest and most diversified manufacturers and suppliers of wheels and wheel end components in the world. Accuride commenced its Chapter 11 cases with approximately $485.6 million in funded debt and commitments from an ad hoc group of prepetition term loan lenders to provide nearly $103 million in debtor-in-possession financing. Accuride and its term loan lenders have also agreed on the framework of a consensual restructuring transaction which will deleverage the company’s balance sheet via an equitization of the lenders’ prepetition debt.
Representation of SunPower Corporation and certain of its subsidiaries (“SunPower”) in their Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware. SunPower is a leading provider of residential solar energy solutions throughout North America, having fitted over half a million homes with its solar energy systems. At the time of the Chapter 11 filing, the SunPower enterprise had over $2 billion of total indebtedness. Prior to filing its Chapter 11 cases, SunPower entered into a stalking horse purchase agreement that contemplates a going-concern sale of its key businesses.
Prior to joining Kirkland, Rebecca was involved in the following representative matters:
Representation of a leading provider of secured facility services in connection with its successful negotiation and implementation of a comprehensive out-of-court liability management transaction that successfully addressed over $2 billion in near-term debt maturities and substantially deleveraged its balance sheet.
Representation of a flooring company in its Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware, pursuant to which the company sold substantially all of its assets.
Representation of agent under a $125 million asset-based DIP financing facility in the Chapter 11 bankruptcy of Instant Brands.
