Question on legal cases... who is the law firm representing?

[zackary42]

Hi, No knowledge here of legal info. Really a simple question. I have an article from the Daily Deal and I have to figure out Weil, Gotshal and Manges is the debtor counsel for who... Aleris International?

Daily Deal, PE backed Aleris rolls into Ch 11

A steep drop in demand for its products and liquidity constraints have flattened Aleris International Inc., which on Thursday, Feb. 12, became the largest private equity-owned company this year to tumble into bankruptcy.
The Beachwood, Ohio, producer of rolled and extruded aluminum products filed for Chapter 11 protection with 42 affiliates in the U.S. Bankruptcy Court for the District of Delaware in Wilmington and will have a $1.08 billion debtor-in-possession financing at its disposal.
With $4.85 billion in assets, TPG Capital-backed Aleris is the fifth-largest debtor by assets to file in the U.S. in 2009.
"We have moved aggressively to reduce our costs and eliminate capacity to offset the negative effects of the global economic slowdown," said Aleris chairman and CEO Steven J. Demetriou in a statement. "However, given the unpredictability of the speed and severity of the downturn over the last few months, these actions were not sufficient to counter the combination of challenges Aleris faces, including a sharp deterioration in demand for our products by the automotive, housing, and general industrial products sectors and an unprecedented decline in aluminum prices which limited our borrowing ability."
Aleris will fund its operations during the bankruptcy with a DIP that includes a $500 million term loan led by prepetition lender Deutsche Bank AG and Deutsche Bank Securities Inc. and a $575 million revolving credit facility from the Deutsche Bank entities, Bank of America NA, Banc of America Securities LLC and General Electric Capital Corp.
Court documents show Apollo ALS Holdings LP and funds managed by Oaktree Capital Management LP are also lenders on the term loan, which is priced at LIBOR plus 1,000 basis points for dollar loans and EURIBOR plus 600 basis points for euro loans. Both LIBOR and EURIBOR have a 3% floor....
Stephen Karotkin of Weil, Gotshal & Manges LLP is debtor counsel. Paul Heath of Richards, Layton & Finger PA is debtor co-counsel. Fried, Frank, Harris, Shriver & Jacobson LLP is special financing, corporate, tax and litigation counsel.

[chason62]

You are correct. The "debtor" is the company that filed for bankruptcy, in this case Aleris International Inc. "Debtor counsel" is the law firm that represents the debtor in the Bankruptcy Court.

[blaisdell]

God, ignore ll those typos, why can't I edit my Asker's Rating? Embarrassing