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Instead of trying to be everything to everybody, we’ve made a name for ourselves by delivering what our clients need most: in-depth, hands-on legal counsel throughout the financial services sector — and beyond.

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  • New York

    • 919 Third Avenue
    • New York, NY 10022
    • United States of America
      • +1 212.756.2000 Phone
      • +1 212.593.5955 Fax
  • Washington, DC

    • 555 13th Street, NW, Suite 6W
    • Washington, DC 20004
    • United States of America
      • +1 202.729.7470 Phone
      • +1 202.730.4520 Fax
  • London

    • One Eagle Place
    • London SW1Y 6AF
    • United Kingdom
      • +44 (0) 20 7081 8000 Phone
      • +44 (0) 20 7081 8010 Fax
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Schulte advised the senior secured noteholders in connection with a financial restructuring plan with Pace Industries LLC and its U.S. and Mexican affiliates. The restructuring plan deleveraged Pace Industries’ balance sheet, providing new liquidity and transfer ownership of Pace Industries to the senior secured noteholders. The restructuring is designed to afford Pace Industries the opportunity to restart its idled plants and resume normal operations as the COVID-19 pandemic subsides. Pace Industries is North America's leading full-service aluminum, zinc and magnesium die-casting company. Headquartered in Fayetteville, Ark., Pace Industries operates the largest number and broadest range of clamping force die-casting machines in North America. The deal closed in June 2020.

The Schulte team was led by business reorganization partner Adam Harris. The team also included employment & employee benefits partners Ian Levin and Ronald Richman; tax partner Alan Waldenberg; finance associates and Michelle Chang; business reorganization associate Kelly Knight; and former Schulte lawyers Andrew Fadale, Michael Mezzacappa, David Passey, Jae Kim, Jinhwa Seo and Marc Rosenberg.