Drinker Biddle & Reath LLP

Bankruptcy/Restructuring Department

Pennsylvania
Current View:

This content is provided by Chambers. Learn more about our methodology

What the team is known for Excellent practice with particular emphasis on assisting healthcare clients in insolvency matters and corporate restructurings. Highly skilled in mass tort Chapter 11 proceedings and cases involving private equity portfolio companies. Accomplished in acting for both lenders and creditors in loan workouts.

Strengths One client says: "The team understands business issues both for my team and for the clients we have. They personify the combination of legal and business-oriented."

A source notes: "The team is highly respected, with good attorneys who have good experience and are highly responsive."

"The team is made up of extremely diligent, very intelligent, very good lawyers," a commentator reports.

Work highlight Represented CoStar in the bankruptcy case of Xceligent. CoStar is the largest creditor and has filed a claim in excess of $400 million.

Notable practitioners

Andrew Kassner is chairman and CEO of the firm and a leading light of the Pennsylvania bankruptcy Bar, particularly as an expert in Chapter 11 proceedings.An impressed client comments: "He's a very strategic thinker who gets the bigger picture. He's also awesome in front of a judge, with a commanding but not overpowering presence."