Stacey L.Corr-Irvine

Partner

(T) 1.212.326.3432

Stacey Corr-Irvine's practice focuses on corporate bankruptcy and insolvency-related matters. She represents debtors, creditors, asset purchasers, and trustees in in-court and out-of-court restructurings. Stacey also has represented defendants in avoidance actions and advised large financial institutions in analyzing counterparty risk.

Stacey's recent experience includes representing M&G USA Corporation and American Apparel, LLC in their chapter 11 proceedings, the first lien steering committee in the chapter 11 cases of RCS Capital, the Official Committee of Second Priority Noteholders in the Caesars Entertainment bankruptcy, as well as a senior lender group engaged in an out-of-court restructuring. Prior to joining Jones Day, she represented debtors and creditors in a variety of restructuring proceedings, including representing a large national retailer in its chapter 11 cases.

Stacey is a member of the International Women's Insolvency & Restructuring Confederation and serves as vice chair of the Chapter 11 Committees subcommittee of the ABA Business Bankruptcy Committee. She also maintains an active pro bono practice and has worked with the New York Legal Assistance Group, Kids In Need of Defense (KIND), and other nonprofit organizations on immigration matters.

Experience

M&G debtors confirm chapter 11 plan of liquidation and close sale of Corpus Christi plant for $1 billion
On December 17, 2018, the United States Bankruptcy Court for the District of Delaware entered an order confirming the Third Amended Plan of Liquidation (the "Plan") of Jones Day client M&G USA Corporation and eight of its affiliates (the "M&G Debtors"), which prior to the chapter 11 filing, were, along with their affiliates in Mexico, Brazil and Europe, one of the largest producers of polyethylene terephthalate resin – used for packaging applications – in the world. On December 28, 2018, after receiving antitrust approval, the M&G Debtors closed the sale of their partially constructed manufacturing facility in Corpus Christi, Texas, (the "Corpus Christi Plant") with a deal value in excess of $1 billion.

American Apparel sells IP rights to Gildan Activewear
Jones Day represented American Apparel, LLC ("AA") in its second chapter 11 case, which was filed on November 14, 2016.

KeyBank amends and restates credit agreement for Tri-Starr Management Services and Legacy SCO
Jones Day represented KeyBank National Association in connection with an amended and restated credit agreement for Tri-Starr Management Services, Inc., a provider of logistics services, and Legacy SCO, Inc., a Delaware corporation, for restructuring existing indebtedness.

First lien lenders take majority ownership in RCS Capital chapter 11 case
Jones Day represented a steering committee of first lien lenders in the RCS Capital Corp. chapter 11 cases filed in the U.S. Bankruptcy Court for the District of Delaware.

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