We’ve earned worldwide recognition for defending creditors’ rights. Our team has represented official committees and ad hoc groups of creditors in most of the high-profile chapter 11 reorganization proceedings and out-of-court restructurings in the US over the past decade—among them, Takata Corp., Lehman Brothers, Ultra Petroleum, Energy XXI, Chaparral Energy, Gymboree, Peabody, Alpha Natural Resources, J. Crew, the Great Atlantic & Pacific Tea Company, Refco, Enron, and National Century Financial Enterprises.
- Financial restructurings―we represent lenders, investor syndicates and individual creditors, advising on senior, subordinated and mezzanine debt transactions, bridge and exit financings, and high-yield debt offerings.
- Leverage lease structures―we counsel creditors at the center of airline reorganizations, including Delta Air Lines, Northwest Airlines and United Airlines.
- Distressed securities―we represent clients seeking control positions in issuances by troubled companies like Accuride Corp. and Tronox.
- Chapter 11 litigation―we represent clients in claims litigation and defend against fraudulent conveyance claims and challenges to acquisitions in high-profile cases such as TOUSA and Adelphia.