Partner
Latham & Watkins LLP
George Klidonas assists companies, creditors, and equity holders in navigating complex issues arising in the context of financially troubled situations, with a particular focus on corporate restructurings, liability management transactions, recapitalizations, and other special situation transactions.
Mr. Klidonas provides counsel to key participants in in-court and out-of-court restructurings and special situations, including private and publicly held companies (including portfolio companies), equity owners and sponsors, and distressed investors (including hedge funds and private equity funds). He also advises boards of directors, board committees, and senior management of financially troubled companies on a range of issues, including fiduciary duties and corporate governance.
Mr. Klidonas brings broad industry experience spanning the aerospace, commodities, e-commerce, energy, power, healthcare, hospitality, media, real estate, retail, oil and gas, securities, shipping, technology, and telecommunications sectors. He also regularly represents clients in multijurisdictional and cross-border matters.
Mr. Klidonas previously worked on secondment at Kohlberg Kravis Roberts in the Special Situations Group. In this role, he advised the investment team on existing portfolio investments as well as new investments. He also supported the KKR team with distressed investments / transactions and new investment opportunities, including rescue financing, debtor-in-possession and exit financing, recapitalizations, equity investments, distressed trades, and other opportunistic investments.
Earlier in his career, Mr. Klidonas served as a judicial intern to Judge Allan L. Gropper (Ret.), United States Bankruptcy Court for the Southern District of New York.
