Skip to content
DEPARTMENT PROFILE

Katten

Bankruptcy/Restructuring

2 ranked lawyersBand 4CaliforniaUSA 2021 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Strong creditor-side practice that particularly stands out for its representation of financial institutions as lenders and administrative agents. Also offers accomplished counsel in relation to the acquisition and disposition of distressed assets. Further noted for representation of third-party bidders in bankruptcy sales. Sought after for its strength in contentious situations, frequently acting for indenture trustees and creditor clients in bankruptcy-related litigation.

Strengths

A client says: "The team works to close deals and finalize matters within required time frames and in a favorable manner."

Work highlights

Represented Health Net and its affiliates in the Chapter 11 bankruptcy cases of Verity Hospitals.

Notable practitioners

Craig Barbarosh represents clients in a range of bankruptcy and restructuring matters, from Chapter 11 proceedings to litigation. He is particularly adept at acting for financial institution clients.
"His problem solving, creativity and empathy are impressive, and his willingness to be proactive is outstanding." "He is super; he is always looking at the big picture, he wants to know the entire business strategy and how best to position us for success."

William Freeman is experienced in advising clients on bankruptcy matters concerning a range of industries including retail and entertainment.
"Bill brings a practical approach to difficult situations where he helps balance business and legal issues so that as much economic value as possible can be maintained. Bill is highly available and very communicative. He is willing to listen to the viewpoint of opposing parties to determine if a reasonable middle ground is possible and can take an aggressive position or pursue remedies if necessary."

Department Information

This content is provided by Katten.

Overview

Our Insolvency and Restructuring team offers practical, innovative solutions to complex business and legal issues that arise in the restructuring process, focusing on resolving clients' economic objectives. We provide proactive, front-end counseling to clients in structuring commercial transactions to identify and minimize risks related to insolvency and bankruptcy. Financial institutions seek our assistance in restructuring large syndicated loans as well as "club" and middle-market loans. Our lender clients rely on us for thoughtful advice and prompt, market-tested structures and documentation in debtor-in-possession, exit and other bankruptcy-related financings. We are one of the leading firms to represent indenture trustees in connection with credit default administration and related litigation.

Katten's Insolvency and Restructuring attorneys have significant experience representing financially strained enterprises, including as Chapter 11 debtors, in various fields such as energy, technology, consumer products, retail and data-collection, and related services. We also represent buyers and sellers of businesses and assets in distressed situations, including in the context of bankruptcy proceedings and through the use of various state law procedures. We frequently represent stalking-horse and other third-party bidders in bankruptcy sales. Our team works closely with the firm's corporate and transactional attorneys to provide the optimal mix of experience in any transaction.

Bankruptcy/Restructuring

Katten

firm
Location

2029 Century Park East

Suite 2600

Los Angeles

California

USA

CA 90067-3012

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

California

Bankruptcy/Restructuring


Craig A Barbarosh
Band 3
William B Freeman
Band 4