Fried Frank’s representation of Centerbridge in connection with Extended Stay’s auction reported by The Deal Pipeline

Fried Frank’s representation of Centerbridge in connection with Extended Stay’s auction reported by The Deal Pipeline

In "Centerbridge-led Group Wins Long Extended Stay Auction," The Deal Pipeline noted the Firm's representation of Centerbridge Partners, L.P. in connection with its US$3.925b purchase of Extended Stay, Inc. The winning bid, by a group led by Centerbridge and included Paulson & Co. and Blackstone Group, was made at an auction designed to take Extended Stay out of bankruptcy protection. Leading the Fried Frank team were bankruptcy and restructuring partners Brad Eric Scheler (NY) and Jennifer L. Rodburg (NY).

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