The Stapled Exchange: How Weil Helped Pioneer a New Restructuring Solution

In this episode of the Unordinary Course podcast, Gary Holtzer, partner in Weil’s Restructuring Department, joins host Lee Pacchia, managing director at strategic communications and advisory firm ICR, to discuss the Firm’s innovative “Stapled Exchange” transaction pioneered to restructure debt for retailer Fossil Group. Gary explains how the structure was developed, the challenges it was designed to solve and what makes it an important new tool for companies, lenders and investors seeking to address financial distress outside of chapter 11.
Listen to the full episode on Apple Podcasts or Spotify.
Contributor(s)
More from the Restructuring Blog
Copyright © 2026 Weil, Gotshal & Manges LLP, All Rights Reserved. The contents of this website may contain attorney advertising under the laws of various states. Prior results do not guarantee a similar outcome. Weil, Gotshal & Manges LLP is headquartered in New York and has office locations in Austin, Boston, Brussels, Dallas, Frankfurt, Hong Kong, Houston, London, Los Angeles, Miami, Munich, New York, Paris, San Francisco, Silicon Valley and Washington, D.C.

