Sealing the Deal: Skadden Saves Vodka Co. From Liquidation

Law360, New York (July 24, 2013, 6:17 PM EDT) -- As top-tier vodka distributor Central European Distribution Corp. found itself on the brink of liquidation in Central Europe last year, attorneys at Skadden Arps Slate Meagher & Flom LLP crafted an unprecedented restructuring deal that saved the company in record time.

The deal came about when a team consisting of Skadden’s mergers and acquisitions experts as well as its restructuring lawyers joined forces to put together a prepackaged Chapter 11 in Delaware, where the holding company is based. The transaction, which eliminated $665.2 million of its...
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