Bavaria in Acquisition and Debt Restructuring of Cantiere del Pardo

December 15, 2010

Cleary Gottlieb represented Bavaria Yachtbau GmbH, in the immediate lease and the subsequent acquisition of the group’s operations of Cantiere del Pardo S.r.l., the manufacturer of the Grand Soleil and Dufour sail yachts, in the context of Cantiere del Pardo’s debt restructuring through a concordato preventivo procedure (court-approved composition with creditors).