Akin Gump Advises Goldman In Weinstein Debt Deal

Law360, New York (June 24, 2010, 7:46 PM EDT) -- The Weinstein Co. reportedly has worked out a significant debt restructuring that entails handing over its library of more than 200 films to Goldman Sachs Group Inc. and insurer Assured Guaranty Ltd.

The restructuring, which was completed by the parties Wednesday, aims to help the film studio remain a going concern and address the financial woes that consumed it soon after its 2005 opening, according to The Wall Street Journal.

The deal is intended to assist Weinstein in climbing out of debt, and gives Goldman Sachs...
To view the full article, register now.