ALICE BELISLE EATON, Esq.
Deputy Chair of the Restructuring Department, Alice advises creditor and debtor clients in corporate reorganizations and bankruptcies, with a focus on postpetition financings, exit financings and specialized finance structures. Her recent company-side matters include advising Revlon, The IMAGINE Group, Foresight Energy, Animal Supply Company, Preferred Sands, Expro Holdings, and Performance Sports Group and various portfolio companies of the firm’s private equity clients and recent creditor-side experience includes advising stakeholders in Endo Pharmaceuticals, Talen Energy Supply, Mallinckrodt, LSC Communications, Oasis Petroleum, Neiman Marcus, Extraction Oil & Gas, Exide Technologies, Whiting Petroleum Corporation, McDermott International, TOMS Shoes, PetSmart and an informal committee of certain holders of secured and unsecured notes of Chassix and Chassix Holdings.
Chambers USA recognizes Alice for her “rare combination of bankruptcy and financing experience” and cites clients who praise her for being “tenacious in representing [their] best interests” and “one of the best deal-side lawyers [they] have ever worked with.” Clients are “impressed with her ability to really work through complex issues and come up with solutions and able to work with a number of competing parties.” The Legal 500 writes that Alice’s “ease in grasping complex structures make her the perfect lawyer to attack difficult restructuring issues.” Alice was named a 2022 “Outstanding Restructuring Lawyer” by Turnarounds & Workouts, and more recently in 2024, she was shortlisted for Euromoney’s “Woman in Business Law Award” for “Restructuring & Insolvency Lawyer of the Year.” In 2021 and most recently in 2023, Alice was named as one of Law360’s “Bankruptcy MVPs.” She is recognized by The Best Lawyers in America for her work in Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and was named in Lawdragon’s “500 Leading US Bankruptcy & Restructuring Lawyers.” Additionally, Alice was selected by Law360 as a “Rising Star” in 2011, noting her role in the successful bankruptcies of AbitibiBowater and CIT Group.
Alice’s matters are routinely recognized by industry publications and associations. The Turnaround Management Association (TMA) honored her with three awards – its 2024 “Mega Company Turnaround/Transaction” award for her work in Revlon’s emergence from bankruptcy, its 2018 “Transaction of the Year: Large Company” award for her work on Performance Sports Group’s chapter 11 case, and its 2016 “Turnaround of the Year: Mega Company” award for her work on behalf of Chassix Holdings Inc. debtholders. The M&A Advisor selected the restructuring of Performance Sports Group as its “Restructuring of the Year ($500M-$1B).” The Financial Times has recognized Alice’s work on a number of restructurings in its annual report on “U.S. Innovative Lawyers,” including “Highly Commending” her work on behalf of the Ad Hoc Committee of Dynegy Bondholders (2012) and CIT Group bondholders (2010), and “Commending” her work on the successful restructuring of AbitibiBowater (2011).
Alice frequently participates in industry events. She serves as co-chair of Practising Law Institute’s annual restructuring symposium, “Recent Developments in Distressed Debt, Restructurings and Workouts,” and she was a panelist at ABI’s VALCON Conference in 2020. Futures and Options, a nonprofit dedicated to empowering NYC’s youth to acquire transferable professional skills, named Alice the 2024 Dream Big Award honoree. More recently, the American College of Bankruptcy announced she will be inducted as a Fellow in the 36th Class of the College at its Annual Meeting in March 2025. Since 2018, Alice has also served as a member of the Complex Case Committee for the U.S. Bankruptcy Court for the Southern District of Texas, which is tasked with reviewing and recommending changes to the existing procedures for complex bankruptcy cases.