Biography
Sean Sheng is an associate in the Restructuring Department of Weil’s New York office.
Sean received his J.D. from Duke University School of Law and his B.A. from Vanderbilt University.
Sean has played a role on a number of teams advising:
Debtor/Company-Side Experience:
- Steward Health Care System LLC, the largest private, physician-owned for-profit healthcare network in the United States with over $8 billion in debt obligations ($7 billion of which is in long-term lease commitments), in its chapter 11 cases.
- Core Scientific, Inc., one of the world’s largest cryptocurrency mining and hosting companies, in its successful chapter 11 cases involving approximately $1 billion in debt, which resulted in full recoveries to non-subordinated creditors and significant recoveries to equityholders.
- AMC Entertainment Holdings, Inc., the largest movie exhibition company in the United States and globally, in its successful out-of-court restructuring which included various capital raising efforts that yielded over $1.5 billion of cash and other liquidity improvements and the reduction of AMC’s debt load by more than $550 million.
Creditor/Sponsor/Other Party Experience:
- An ad hoc group of secured lenders to Nordic Aviation Capital, the world’s largest regional aircraft lessor, on bespoke restructuring transactions for multiple aviation financing structures implemented under pre-arranged U.S. chapter 11 proceedings, including a consensual remarketing and mortgage enforcement for certain financing arrangements.
- ICBC Standard Bank, prepetition intermediation facility provider to Philadelphia Energy Solutions (PES) Holdings, LLC, in the PES chapter 11 cases.