This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Bankruptcy

Jun. 25, 2010

Attorney Helping MGM Restructure

A lawyer who advised on the purchase of Metro-Goldwyn-Mayer six years ago is now helping the cash-strapped movie studio draw up a bankruptcy plan.

By Jean-Luc Renault

Daily Journal Staff Writer

A lawyer who represented a group of private equity funds in their purchase of Metro-Goldwyn-Mayer six years ago is helping the cash-strapped movie studio draw up a bankruptcy plan to restructure nearly $4 billion in debt left over from that deal.

Nick Saggese, a corporate partner with Skadden, Arps, Slate, Meagher & Flom and co-head of the firm's private equity practice, w...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up