Kirkland & Ellis has sought to corner the market on debtor-side cases for troubled energy clients, but Weil, Gotshal & Manges snagged roles this week on three other recent Chapter 11 cases of note for teen retailer Aéropostale Inc., helicopter operator CHC Group Ltd. and gourmet grocery chain Fairway Group Holdings Corp.
On Monday, New York-based Aéropostale filed for bankruptcy in Manhattan, citing increased competition from other fast-fashion and online retailers and asking a court for permission to probe lender Sycamore Partners, a private equity firm that bought a $150 million stake in the company two years ago but now stands accused of pushing Aéropostale into insolvency.
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