Elizabeth McColm

Elizabeth R. McColm is a partner with Paul Weiss Rifkind Wharton & Garrison LLP in New York in itsReorganization Department, where she specializes in the areas of corporate restructurings and bankruptcy. She has been involved in major restructurings and bankruptcies representing debtors, creditors and acquirers of assets. Her recent creditor matters include advising key stakeholders in the restructurings of California Resources Corp., Country Fresh, Denbury Resources, Seadrill, Dean Foods, FULLBEAUTY Brands, Pacific Drilling, GenOn, Armstrong Energy, Ultra Petroleum and SquareTwo Financial, and her noteworthy company-side representations include McGraw Hill, Pioneer Energy Services Corp.,David’s Bridal, The Bon-Ton Stores and Noranda. She also has experience advising clients in cross-border matters, including in the restructurings of Oro Negro, Petra Diamonds, Virgin Australia Airlines, among others. Ms. McColm is recognized as a leading restructuring practitioner, including by ChambersUSA, Who’s Who Legal and IFLR1000. She also is listed as a “Leading Lawyer” by The Legal 500 and is named in Lawdragon’s “500 Leading US Bankruptcy & Restructuring Lawyers.” In 2022 and 2021respectively, she was awarded IFLR’s Asia-Pacific “Restructuring Deal of the Year” for her role in there structuring of Boart Longyear and sale of Virgin Australia to Bain Capital and related U.S. chapter 15cases. The M&A Advisor selected the restructuring of Pacific Drilling as the 2019 “Energy Deal of theYear” and The Bon-Ton Stores as the 2018 “Consumer Discretionary Deal of the Year (Over $100 MM). The Financial Times has “Highly Commended” her in its annual report on “U.S. Innovative Lawyers”for her work representing certain CEVA Group lenders in the company’s restructuring. Ms. McColm co-authors an annual chapter in the International Comparative Legal Guide (ICLG) to Corporate Recovery and Insolvency and co-authors the annual “Investment Fund Activity in Chapter 11” chapter in AmericasRestructuring Review. She speaks frequently at industry events, including the Annual Wharton Restructuring and Distressed Investing Conference, as well as at various ABI seminars, including the International Insolvency & Restructuring Symposium and the Complex Financial Restructuring Program. Ms.McColm received her L.L.B. with honors in 1994 from the University of Western Australia.