Out-of-Court Workouts & Restructuring

Our restructuring team is known for its in-depth knowledge of the bankruptcy process and unique grasp of all aspects of the most challenging distressed situations. We represent Chapter 11 debtors and committees, balancing the interests of secured and unsecured creditors to reach consensus on equitable solutions that move businesses forward.

For us, the successful representation of debtors and committees means achieving a meaningful distribution to creditors while curtailing excessive administrative costs. We have represented debtors and committees in the manufacturing, media, retail, steel, promotional products, gaming, automotive, lumber, apparel, transportation, broadband communications and service industries. For each unique situation, we work across practices to negotiate, structure and implement reorganization plans for companies facing significant business challenges.

Our representations have earned commendable industry accolades. We are especially proud of our award-winning work to develop a successful turnaround that allowed a medical transport company to emerge from Chapter 11 less than a year after filing for bankruptcy. The financial and operational restructuring allowed the company to maintain its mission of air ambulance and organ procurement services and saved more than 100 jobs.