About
Provided by Dechert LLP
Dechert’s financial restructuring group has across-the-board experience representing creditors, investors and troubled companies in all types of in-court and out-of-court restructuring matters. The practice represents clients in highly sophisticated, precedent-setting matters and holds substantial market share of the largest and most complicated deals.
The group handles:
- Representation of ad hoc and official committees of creditors, lenders and noteholders.
- Representation of agents, indenture trustees, shareholders and other significant parties.
- Representation of distressed companies in restructurings and workouts, reorganizations, recapitalizations and other transactions.
- Representation of investors of distressed assets and debt.
- Distressed lending and debt trading.
- Distressed mergers and acquisitions.
- Debt financing for acquirers of distressed businesses.
- Bankruptcy planning and litigation.
A hallmark of the practice is its experience as counsel to creditors’ committees and other critical stakeholders. Our lawyers know how to synchronize creditors’ interests and build consensus to maximize recovery, in local and cross-border matters.
Chambers Review
Diverse practice handling the full spectrum of representations, excelling for both creditor and debtor-side clients. Undertakes a large volume of cases with a cross-border element, and regularly features on highly litigious deals. Also known for its strength in advisory work concerning CMBS loan restructurings and large CMBS bankruptcies.
Work Highlights
- Dechert LLP represented Citadel in connection with the restructuring of Avianca Holdings.
Notable Practitioners
Stephen Zide offers significant experience representing noteholders and bondholders in a range of restructuring matters. He routinely advises on cases concerning the oil-drilling and retail industries.
"Stephen is very smart and commercial.""He is an exceptionally talented and creative restructuring lawyer."
Douglas Mannal handles restructuring matters for clients across a wide range of industries. He has substantial experience acting on behalf of creditors and is also adept at representing debtors in Chapter 11 cases and out-of-court restructurings.
"Douglas is a force of nature and a zealous advocate for his client's positions.""He is incredibly intelligent and is an adept architect of the restructuring processes.""His bankruptcy skills are fantastic. He can navigate dicey situations to positive outcomes."
Allan Brilliant regularly handles cross-border bankruptcy matters and offers notable experience in both Chapter 11 and 15 cases.
"Allan is a tough litigator and a creative lawyer." "He is a forward-thinking and commercial lawyer."