Candace ArthurWeil, Gotshal & Manges LLP, New York, NY
CANDACE is a partner in the Restructuring Department at Weil, Gotshal & Manges LLP, where she advises debtors, creditors, equity-holders, investors, and other interested parties in the context of out-of-court and in-court domestic and international corporate restructurings, liquidations, and distressed financings and acquisitions. Her notable representations include Western Global Airlines, Inc., Kabbage Inc. (d/b/a KServicing), J. Crew, Insys Therapeutics, Sears, Breitburn Energy Partners, The Great Atlantic & Pacific Tea Company, Southern Air, Lehman Brothers and AMC Entertainment. She also represented the lead arrangers and lenders for the exit facility in the chapter 11 cases of Hertz Corp. Prior to joining Weil, she clerked for Hon. Robert E. Gerber at the U.S. Bankruptcy Court for the Southern District of New York in 2009.
Candace grew up in an entrepreneurial family and witnessed the ebbs and flows of market impacts on a company, the emotional ties of founders, the gravity of making decisions that impact the lives of a workforce, and the business judgment used in making decisions that maximize value. In 2023, she was named among Crain’s “New York Business’ Notable Women in Law,” named one of the “Top Women in Dealmaking” by The Deal, and named among the 500 Leading Global Bankruptcy & Restructuring Lawyers by Lawdragon for 2020 and from 2022-23. She also was named a “Rising Star” for Restructuring and Insolvency in the U.S. by IFLR1000 (2022-23), named an “Emerging Leader” by The M&A Advisor, and named a “Rising Star” by Law360 and an “Outstanding Young Restructuring Lawyer” by Turnarounds & Workouts in 2021. In addition, she was recognized by Bloomberg Law as one of the top young bankruptcy lawyers currently “raising the bar” in the practice area and in 2020 was profiled in its series “They’ve Got Next,” which spotlights “five young lawyers to know in the world of bankruptcy.”
Within her firm, Candace is a member of Weil’s Professional Evaluation & Compensation Committee and Summer Program Committee, and the firm’s Women at Weil and Black Lawyers Achieving Success Together (BLAST) affinity groups. She also is involved in pro bono matters, having advised nonprofit organizations, represented individuals in chapter 7 proceedings, and lectured on small businesses in distress on behalf of The Legal Aid Society. In addition, she serves on the board of directors of The Friends of the Children - New York, a chapter of a nationwide organization dedicated to breaking the cycle of generational poverty through salaried, professional mentoring. She also is a member of the Executive Committee of the National Bar Association’s Commercial Law Section, an organization that promotes diversity in the ranks of outside counsel and provides networking and educational opportunities to its members.
“Candace is a consensusbuilder and possesses the expertise and skills to handle the most complex matters.”