Mendy Fox is an associate in the New York office of Milbank LLP and a member of the firm’s Tax Group.
New York
Primary Focus & Experience
Mr. Fox’s practice is primarily focused on advising debtors, creditors, equity holders and potential investors on tax matters related to all aspects of in-court and out-of-court restructurings, special situations and financing transactions (including liability management transactions).
Mr. Fox’s recent work includes the following:
Select company representations
- Aventiv Technologies in a restructuring and equitization transaction involving more than $2.2 billion of liabilities.
- Cabinetworks in a $100 million new-money financing and $1.7 billion recapitalization of its credit facilities and notes.
- Cision in a $250 million new-money financing and $2.4 billion recapitalization of its credit facilities and notes.
- A sports apparel company in a restructuring and equitization transaction involving more than $600 million of liabilities.
- Oregon Tool in a $150 million new-money financing and $1.3 billion recapitalization of its credit facilities and notes.
- Petmate in a restructuring and equitization transaction involving more than $800 million of liabilities.
- SVP Worldwide in a restructuring and equitization transaction involving more than $550 million of liabilities.
Select creditor representations
- An ad hoc group of lenders to Anastasia Beverly Hills in its more than $600 million restructuring.
- An ad hoc group of lenders to Dental Care Alliance in a transaction involving a $95 million new-money financing and a $1.8 billion equitization and restructuring.
- An ad hoc group of lenders to a dental support company in a transaction involving a $75 million new-money financing and a $1.4 billion equitization and restructuring.
- Elliott Investment Management, as anchor lender to Magenta Buyer, in drop-down liability management transactions that raised $400 million of new money and refinanced more than $4 billion of first- and second-lien liabilities.
- An ad hoc group of lenders to Oldcastle BuildingEnvelope, Inc. in a $300 million new-money financing and $2.4 billion recapitalization and refinancing.
- An ad hoc group of lenders to PSSI/Fortrex in a $1.5 billion equitization and restructuring.
- An ad hoc group of lenders to Rodan + Fields in a transaction involving a $75 million new-money financing and a more than $550 million equitization and restructuring.
- An ad hoc group of lenders to SI Group in a $1.8 billion uptier recapitalization.
- An ad hoc group of lenders to Sinclair Broadcast Group in a $4.25 billion recapitalization and refinancing.
- An ad hoc group of lenders to Summit Behavioral Healthcare in a $125 million new-money financing and $800 million refinancing.
- An ad hoc group of lenders to a talent solutions company in a $125 million uptier recapitalization.
- An ad hoc group of lenders to a wedding technology company in a more than $650 million recapitalization and refinancing.
- An ad hoc group of lenders to Tosca Services in a $100 million new-money financing and $600 million uptier refinancing.
Select private credit lender representations
- Private credit lenders in the equitization and restructuring of a dental support company involving more than $1.4 billion of liabilities.
- Private credit lenders in the equitization and restructuring of a fintech transportation company involving more than $135 million of liabilities.
- Private credit lenders in the equitization and restructuring of a home comfort products company involving more than $350 million of liabilities.
- Private credit lenders in the equitization and restructuring of a lab solutions company involving more than $125 million of liabilities.
- Private credit lenders in the equitization, restructuring and business combination of manufacturing companies involving more than $1.5 billion of liabilities.
- Private credit lenders in the equitization and restructuring of a studio production company involving more than $1.2 billion of liabilities.
- Private credit lenders in the equitization and restructuring of a technology solutions provider involving more than $1 billion of liabilities.
- Private credit lenders in the equitization and restructuring of a translation services provider involving more than $200 million of liabilities.
- Private credit lenders in the equitization and restructuring of a waste management company involving more than $500 million of liabilities.
- Private credit lenders in the equitization and restructuring of a women's apparel company involving more than $550 million of liabilities.
Select notes exchanges
- An ad hoc group of noteholders to Nexeo/GPD in a $485 million notes exchange.
- An ad hoc group of noteholders to Office Properties Income Trust in a more than $275 million notes exchange.
Select chapter 11 debtor representations
- 99 Cents Only Stores LLC, Gol Linhas Aéreas Inteligentes S.A., Intrum AB, LifeScan Global Corporation and Wesco Aircraft Holdings, Inc. (Incora) in their chapter 11 proceedings.
Select chapter 11 creditor representations
- An ad hoc group of lenders and noteholders in the chapter 11 proceedings of: Anthology Inc., Careismatic Brands LLC, DISH DBS Corporation, Exactech, Inc., Hornblower Holdings LLC, Mobileum, Inc., Multi-Color Corporation, Nine Energy Service, Inc., Office Properties Income Trust, Pretium Packaging, L.L.C., Spanish Broadcasting System, Inc., Steward Health Care System LLC, The Lycra Company LLC and West Marine, Inc.
- Brookfield Asset Management as prepetition secured lender, DIP lender and stalking horse purchaser of GoldenPeaks Poland Holding Limited.
Distressed M&A
- Encoura in connection with the acquisition of Anthology’s Lifecycle Engagement & Student Success business through a Section 363 bankruptcy sale.
Recognition & Accomplishments
Mr. Fox earned his J.D., magna cum laude, from Brooklyn Law School and served as a member of the Brooklyn Journal of Corporate, Financial & Commercial Law. Mr. Fox received his LL.M. in Taxation from New York University School of Law and his B.A. from Yeshiva Ohr Elchonon Chabad West Coast Talmudical Seminary.
Education
- Brooklyn Law School, J.D.
- New York University School of Law, LL.M.
- Yeshiva Ohr Elchonon Chabad West Coast Talmudical Seminary, B.A.
Admissions
- New York