Consistently ranked as leaders in Chambers, Legal 500, IFLR1000, Turnarounds & Workouts and Benchmark Litigation, our Financial Restructuring Group is known globally for prominent corporate restructurings and groundbreaking chapter 11 cases. We are at the forefront of most of the largest, most complex corporate restructuring matters in the world, and our representations have earned us numerous industry awards.
The key to our long-standing success: our unique ability to advise companies, creditors’ committees, financial institutions, funds and trustees in domestic and cross-border restructurings, providing perspective from all aspects of a case. We work hand-in-hand with Milbank’s other market-leading practice groups, helping our clients develop commercial solutions that create and preserve value.
We have a strong reputation for providing innovative legal solutions in major bankruptcies and restructurings, in any industry or jurisdiction and for all types of financial instruments and arrangements, including loans, bonds, structured products and derivatives across all tiers of the capital structure. Our attorneys are comfortable utilizing unconventional legal tools and strategies previously unused in situations where they prove to be the best means to maximize value for our clients. We are trusted to get results.
Highlights of our work with top-tier clients and their notable transactions include:
- Senior lenders in the $4.3 billion recapitalization of Sinclair Broadcast Group
- A groundbreaking English law restructuring plan for Ambatovy Project financing
- Roche on its acquisition of LumiraDx’s point of care technology via an English pre-pack administration sale
- Financing sources on a letter of credit facility for WeWork’s chapter 11 exit financing
- Oaktree Capital Management in assuming ownership of Inter Milan Football Club
- Ad hoc group of noteholders of Food Delivery Brands (Telepizza) in a successful restructuring
- Senior lenders to Keter Group on a transfer of ownership
- Ad hoc group of senior lenders on the sale of Farfetch
Recent recognition earned by our Financial Restructuring team:
- Elite ranking – both New York and national – in Chambers USA 2024
- Band 2 ranking in Chambers Global 2024 and Chambers UK 2025
- Multiple partners recognized in the Turnarounds & Workouts “Outstanding Young Restructuring Lawyers” list
- Named a Tier One practice for Corporate Restructuring (including Bankruptcy) by The Legal 500 USA
- Named the Leading Bankruptcy Practice Group of the Year in 2021 by Law360
“They are fantastic – very diligent and extremely knowledgeable. What impressed me most was their ability to think outside the box; they really took the situation and tried to develop new strategies and ways to maximize outcomes for the client.” – Chambers USA
“A great strength of the firm is its international size and reputation, such that when the other side learns that Milbank are involved, the dynamic changes. This reputation is swiftly reinforced by their performance.” – Chambers Global
“Milbank is ‘the leading specialist in the representation of creditors.’” – Bloomberg Businessweek
“Very good indeed,” Milbank LLP’s “terrific” team provides “very commercial advice” to a largely creditor client roster from its New York, Washington, DC and Los Angeles offices. “Attuned to creditors’ rights and needs,” the firm is a “go-to-firm for committee work in many of the highest-profile mandates around...” – The Legal 500
