Kirkland Advises HanesBrands on Cooperation Agreement with Barington

Kirkland & Ellis advised HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, on a cooperation agreement with shareholder Barington Capital Group, L.P.  In connection with the agreement, HanesBrands added new independent directors to its board and Barington agreed to certain standstill, voting, confidentiality and other commitments.

The Kirkland team was led by corporate partners Shaun Mathew, Evan Johnson and Daniel Wolf and associate Alex Adamis.