Bankruptcy/Restructuring

What the team is known for

Strong bankruptcy practice with capabilities ranging from Chapter 11 proceedings to distressed M&A. Frequently advises lenders, creditors and debtors, and remains active across an array of industries, including the healthcare, automotive and retail sectors.

Strengths

A market insider says: "It is a go-to firm because they are very commercial and thoughtful."

"They are good at strategizing," notes an interviewee, adding: "They are helpful and effective."

Sources comment: "They have tremendous experience, they're extremely responsive and they're detailed in their approach."

Work highlights

Advised KKR Credit Advisors as secured lenders to Borden Dairy in relation to Borden's Chapter 11 bankruptcy cases.

Notable practitioners

Arthur Steinberg remains a popular choice for lenders and creditors seeking counsel on restructuring matters, including workouts, Chapter 11 cases and municipal bankruptcies.
"He is reasonable and will help us avoid a confrontation when there is no need for one. He will resolve and simplify issues, and will offer the best route for achieving your objectives based on his deep knowledge of bankruptcy."