Patty Perez

Partner

Patty Perez is a partner in O’Melveny’s New York office and a member of the Mergers and Acquisitions and Restructuring Practices. Patty has a diverse corporate practice with extensive experience in mergers and acquisitions, corporate restructurings, private equity, securities laws, and general corporate matters, involving both public and private companies. She represents both strategic acquirors and targets, special committees, financial sponsors, and other significant stakeholders in a wide variety of acquisition transactions, including going private transactions, recapitalizations, affiliate-sponsored financings, and joint ventures. Having concentrated on financially distressed company acquisitions for several years, Patty regularly advises private investment firms, bondholder committees, creditor committees, and secured creditors in connection with in-court and out-of-court restructurings. 

Patty has advised clients on numerous significant transactions, including representation of:

• BlackRock as a member of a creditor consortium bidding to acquire the assets of RathGibson pursuant to a plan of reorganization and related equityholder agreements
• New York-based private investment fund in connection with several joint ventures in the mortgage and credit card receivables sectors
• New York-based private investment fund in connection with its investment in a public company and related option agreements to acquire securities of the company’s foreign subsidiary
• Escada (USA) Inc. in the sale of substantially all of its assets to the Mittal family pursuant to a Section 363 sale
• MHR Fund Management in its investments in NationsHealth, Inc. and as a significant rollover stockholder and creditor in NationsHealth’s subsequent sale to ComVest Investment Partners in a going private transaction
• New York-based private investment fund in its acquisition of securities of Comanche Clean Energy Corporation and add-on financing transactions
• New York-based private investment fund in its bid for assets of Tronox Incorporated pursuant to a Section 363 sale
• Serious Materials, Inc., a California-based green building materials manufacturer, in its acquisition of Republic Windows and Doors pursuant to a Section 363 sale
• Strategic purchaser in its bid for the assets of Hines Horticulture, Inc. and Hines Nurseries, Inc. pursuant to a Section 363 sale
• New York-based private investment fund in its acquisition of securities of satellite services operator, Protostar Ltd., and add-on financing transactions
• Cherokee International Corporation in its proposed restructuring and ultimate sale to Lineage Power
• New Century Financial Corporation in the sales of its technology assets pursuant to Section 363
• Special committee of the board of directors of WestPoint International in connection with a preferred stock rights offering
• Telex Communications Holdings, Inc., a manufacturer and supplier of audio, wireless, life safety, and communication equipment, in its sale to Robert Bosch Corporation
• Official and ad hoc committees of creditors in the following bankruptcy reorganizations: Ziff Davis Media, NSC/Pueblo, Advanced Glassfiber Yarns, Westpoint Stevens, GenTek, Inc., Oglebay Norton Company
• New York-based private equity firm in connection with a joint venture to acquire and exploit interests in exploration and production oriented oil and gas opportunities
• Controlling bondholders in the out-of-court restructuring of Outsourcing Services Group and add-on financing transactions
• Outsourcing Services Group in various add-on strategic transactions, including the acquisition of Tiro Industries
• GSC Partners as a significant stakeholder in the restructuring of DTN Corporation
• DTN Corporation in various add-on strategic transactions, financings and recapitalization transactions
• Ad hoc committee of bondholders in connection with the debt exchange offers and related out-of-court restructuring of Anthony Crane Rental
• CSFB as controlling shareholder and creditor in the out-of-court restructuring of Ascent Assurance
• CSFB as a significant minority stakeholder in the buyout consortium acquiring Metaldyne Corporation and in connection with the subsequent sale of Metaldyne subsidiary TriMas Corporation
• Controlling bondholders in a debt-for-equity exchange and related out-of-court restructuring of Personnel Group of America, Inc.
• Donna Karan in the sale of Ms. Karan’s company, Gabrielle Studio, Inc., and Donna Karan International to LVMH, S.A.
• Allied Domecq plc in a dispute relating to the Captain Morgan rum brand and related strategic transactions
• CMGI, Inc. in a share exchange with Hong Kong listed company Pacific Century CyberWorks Limited
• Ascend Communications, Inc. in its acquisition by Lucent Technologies Inc.
• NTL Incorporated, the British cable telephone company, in a large number of financings, strategic alliances, acquisitions, and consent solicitations
• Venator Group in its successful defense of a proxy contest by Greenway Partners
• Hasbro, Inc. in its acquisition of substantially all of the assets of Monarch Avalon, Inc.
• Cellular Communications of Puerto Rico, Inc. in its acquisition by SBC Communications, Inc.

Professional Activities

Member, Association of the Bar of the City of New York