Natasha Hwangpo

Natasha’s experience includes advising:

• 8th Avenue Food & Provisions, a leading provider of private label food products, on acquiring Post Holdings in a transaction that fully satisfied approximately US$815 million of 8th Avenue’s funded debt obligations*
• Cutera, a global aesthetics device company, on prepackaged chapter 11 cases to reduce the company’s debt by nearly US$400 million and raise US$65 million in new money from existing lenders*
• Hearthside Foods and its affiliated debtors on prearranged chapter 11 cases involving approximately US$3 billion of funded debt; the company successfully emerged from chapter 11, rebranded as Maker’s Pride, with approximately US$600 million of liquidity and rebranded as Maker’s Pride*
• The largest equity holder and junior DIP Lender to Yellow Corporation and its affiliates, historically one of the largest less-than-truckload shipping providers in the United States, in Yellow Corporation’s chapter 11 cases to address approximately US$1.2 billion of funded debt obligations, multi-employer pension liabilities, liquidating sale transactions, and wind-down of all operations*
• ATI Physical Therapy, a nationally recognized outpatient physical therapy provider with over 900 clinics across 24 states, in connection with a transaction to increase the company’s liquidity and financial flexibility, by among other things, obtaining US$25 million second-lien PIK exchangeable notes and exchanging US$100 million of first-lien term loan into new second-lien PIK exchangeable notes*
• Kabbage and its debtor-affiliates, an online loan service provider, for over US$7 billion of loans issued to small businesses under the Paycheck Protection Program, in their chapter 11 cases*
• 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 US$180 million term loan and US$55 million revolving credit facility*
• VIVUS, a specialty pharmaceutical company with three approved therapies and one product candidate in clinical development, and its debtor-affiliates, in their chapter 11 restructuring addressing more than US$230 million of funded debt. VIVUS’ restructuring involves, among other things, an innovative go-forward royalty structure between the reorganized company and pre-reorganization shareholders to address the highly speculative nature of value inherent to developmental drugs*
• NPC International, Inc. and its debtor affiliates, America’s largest franchisee company with over 1,600 restaurants across two iconic brands — Pizza Hut and Wendy’s — and more than 35,000 employees, in the chapter 11 cases involving over US$900 million of funded debt*
• Doncasters Group, a leading international manufacturer of high-precision components for aero engines, industrial gas turbines, and other specialist high-performance applications, in its restructuring of US$1.6 billion of funded debt through an English scheme of arrangement and an ancillary chapter 15 proceeding (Dundee Pikco Limited) in the United States*
• Fusion Connect and its domestic subsidiaries, a telecommunications services provider, in their chapter 11 cases with liabilities in excess of US$650 million*
• Sears Holdings Corporation and its affiliated debtors, one of the largest retailers in the world, in their chapter 11 cases — one of the largest retail chapter 11 cases in history. At the time of commencing these cases, Sears had more than 68,000 employees and approximately US$6 billion in debt*
• The NORDAM Group, a leading aerospace manufacturing and repair company, in their chapter 11 cases*
• Cenveo, Inc., a leading global provider of print and related resources headquartered in Stamford, Connecticut with a worldwide distribution platform*
• Avaya Inc. and certain of its affiliates, a leading multinational technology company that specializes in telephony, wireless data communications, customer relationship management software, and networking, in their chapter 11 cases. Avaya and its debtor-affiliates had over US$6 billion in funded debt obligations as of the commencement of their chapter 11 cases, with annual revenues in excess of US$3 billion. Avaya’s restructuring was recognized as the 2018 Transaction of the Year (Mega Company) by the Turnaround Management Association*
• Energy Future Holdings and 70 of its affiliates, the largest generator, distributor, and certified retail provider of electricity in Texas — the product of the largest buy-out in history — with over US$4 billion in liabilities and US$36 billion in assets. EFH’s chapter 11 case is the largest operating chapter 11 case ever filed in Delaware and the seventh-largest chapter 11 case filed in history*
• Equity sponsor to American Tire Distributors, one of the largest independent suppliers of replacement tires, with approximately US$2.6 billion in funded debt. Existing equity holders received 5% of the new equity, plus warrants for additional equity*

*Matter handled prior to joining Latham