Cases and Deals
Case

Blank Rome Represents Owners of Iconic "Lipstick Building" in Prepackaged Bankruptcy

Blank Rome represented the owners of 885 Third Avenue, the iconic New York City office building known as the "Lipstick Building," in a prepackaged bankruptcy that resulted in the restructuring of debt and equity positions that benefited our client by more than $80 million. 

The company emerged from bankruptcy 36 days after filing - one of the fastest turnarounds in the Southern District of New York - despite the involvement of multiple parties located in several countries.