Cases & Deals

ZAIS Investment goes into involuntary bankruptcy

Client(s) ZAIS Investment Grade Limited VII

Jones Day served as prepetition counsel and postpetition special counsel to ZAIS Investment Grade Limited VII, a Cayman Islands special purpose vehicle in a first of its kind involuntary prepackaged bankruptcy filed in the District of New Jersey. Prior to and after the filing, Jones Day assisted the debtor by analyzing the debtor's constituent, administrative, structured loan and collateral management documents and by advising regarding related litigation that arose in the debtor's chapter 11 case.