Benjamin S. Arfa

Education

Benjamin S. Arfa

Benjamin S. Arfa is Head of Wachtell Lipton’s Capital Solutions Practice and a Partner in its Restructuring and Finance Department. Benjamin represents borrowers, creditors, sponsors and distressed investors in connection with financing aspects of all types of transformative corporate transactions and in a wide range of liability management, restructuring, bankruptcy, direct lending, rescue, DIP and other financing transactions.

Benjamin has been recognized as one of the 500 Leading Global Bankruptcy & Restructuring Lawyers by Lawdragon and one of the top financing lawyers in North America by MergerLinks, ranking in the top 5 of their 2025 list. He has also been identified as an Outstanding Young Restructuring Lawyer by Turnarounds and Workouts, as one of the next generation of legal leaders in America by Lawdragon, as a Rising Star by the New York Law Journal, as one of the Ones to Watch in America in Bankruptcy and Creditor and Debtor Rights / Insolvency and Reorganization Law by Best Lawyers, and as an Emerging Leader by the M&A Advisor.

Special Situations & Liability Management

  • TPG Angelo Gordon in connection with a “dropdown” financing of an intellectual property joint venture with Xerox
  • Centerbridge in connection with financing the liability management transactions of U.S. Renal Care
  • King Street in connection with financing the liability management transactions of Team Health
  • Abra in connection with its $1.8 billion comprehensive out-of-court restructuring and refinancing transactions
  • an ad hoc group of secured noteholders in connection with a global settlement with InfraBuild Australia and related new money senior secured financing transactions
  • Caspian Capital in connection with various matters, including financing the liability management transactions of Hornblower
  • Littlejohn & Co. & Cetus Capital in various matters
  • Rayonier Advanced Materials in connection with its secured financing from Oaktree and credit-enhancing intercompany loan

Bankruptcy & Restructuring

  • Abra in connection with the $4.2 billion Chapter 11 Cases of Gol Linhas Aéreas Inteligentes
  • an ad hoc group of unsecured noteholders in connection with the contested Chapter 11 cases of Altera Infrastructure
  • an ad hoc group of first and second lien noteholders in connection with their acquisition of a controlling interest in Pyxus International through bankruptcy
  • Centerbridge in connection with its acquisition of Speedcast International through a contested Chapter 11
  • Axar Capital in the strict foreclosure and out-of-court restructuring of Phillips Pet Food & Supplies
  • WHP Global in the formation of PHOENIX, a joint venture with affiliates of Simon Property Group and Brookfield Properites, and PHOENIX’s acquisition of Express Inc.’s retail operating assets pursuant to Section 363
  • XPO in its acquisition of $870 million of real property assets from Yellow Corporation pursuant to Section 363
  • Strategic Materials in its Chapter 11 pre-packaged plan of reorganization
  • Quorum Health Corporation in its Chapter 11 pre-packaged plan of reorganization

Corporate Financing

  • XPO in more than $14 billion of financing transactions, including in connection with its €3.24 billion acquisition of Norbert Dentressangle S.A., its $3 billion acquisition of Con-way and its spin-offs of GXO Logistics and RXO
  • Herman Miller in connection with committed financing to fund its $1.8 billion acquisition of Knoll
  • Insulet in its $800 million convertible notes offering, $500 million secured term loan, $300 million secured revolver and a variety of refinancings and repricings
  • Salesforce, Broadcom, Abbvie, Abbott and others in connection with several financing transactions

Benjamin completed his J.D. cum laude from Harvard Law School in 2014. He also received an M.Sc. in Accounting and Finance with distinction from the London School of Economics in 2009 and a B.S. in Industrial and Labor Relations from Cornell University in 2008.

Prior to joining Wachtell Lipton, Benjamin worked as an analyst in the Financial Institutions Group in the Investment Banking Division of Goldman, Sachs & Co.

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