Department profile
Latham & Watkins LLP

Bankruptcy/Restructuring

USA Guide 2026 : California

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Latham & Watkins LLP

Rankings

Chambers Review

Provided by Chambers

Bankruptcy/Restructuring - California

Band 2

What the Team is Known For

Latham & Watkins has a high-quality bankruptcy and restructuring practice with notable expertise in representing clients on both the creditor and debtor sides. It boasts considerable experience in acting on Chapter 11 cases and is also proficient at handling out-of-court workouts and prepackaged bankruptcies. The team is able to draw on the firm's full-service platform and extensive network of experts when advising on complementary areas such as tax and corporate finance. It exhibits additional strength in the Chapter 11 bankruptcy auction arena.

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Work Highlights

Provided by Chambers

  • Latham Watkins LLP represented The Container Store Group, Inc. in relation to its financial restructuring process and advised the retailer on the implementation of its Plan of Reorganization, which was confirmed by the US Bankruptcy Court.

Strengths

Provided by Chambers

  • The firm is extremely responsive and always available.

    Bankruptcy/Restructuring respondentUSA

  • Latham & Watkins has a deep knowledge of the law and offers creative solutions.

    Bankruptcy/Restructuring respondentUSA

  • Latham & Watkins is global, extremely experienced and acts on a level of the most elite law firms in the world.

    Bankruptcy/Restructuring respondentUSA

  • Fantastic professionals who are competent, caring, committed and great to work alongside.

    Bankruptcy/Restructuring respondentUSA

Notable Practitioners

Provided by Chambers

  • Jeffrey Bjork
    Jeffrey Bjork

    Jeffrey Bjork

    Jeffrey Bjork is particularly noted for his expertise representing debtors and has additional experience acting for other stakeholders in an array of bankruptcy matters. He serves as managing partner of the firm's Los Angeles office.

    • Jeffrey Bjork is brilliant, creative, client-focused and has incredible leadership skills.

      Bankruptcy/Restructuring respondentUSA

    • Jeff is my go-to person for issues.

      Bankruptcy/Restructuring respondentUSA
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  • Kimberly Posin
    Kimberly Posin

    Kimberly Posin

    Kimberly Posin advises both debtor and creditor clients on a broad range of matters, including Chapter 11 proceedings and out-of-court restructurings. She regularly advises debtors in mass tort-related bankruptcies.

    • Kimberly Posin is a very competent and diligent lawyer.

      Bankruptcy/Restructuring respondentUSA

    • Kimberly is detail-oriented, has great responsiveness and excellent management skills.

      Bankruptcy/Restructuring respondentUSA

    • Kimberly is a rising star who handles very complex cases with multiple parties, works to achieve consensus and is also good in court.

      Bankruptcy/Restructuring respondentUSA

    • Kim has a remarkable combination of deep knowledge, negotiating skills and goodwill.

      Bankruptcy/Restructuring respondentUSA
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  • Ted Dillman
    Ted Dillman

    Ted Dillman

    Ted Dillman's practice ranges from restructuring and distressed mergers and acquisitions to Chapter 11 bankruptcy proceedings.

    • Ted Dillman is a Swiss Army Knife and can do anything in a Chapter 11 case.

      Bankruptcy/Restructuring respondentUSA

    • Ted is very strong and knows how to move a process along.

      Bankruptcy/Restructuring respondentUSA

    • He is the ultimate professional. He has deep knowledge and firm commitment to quality execution.

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  • Helena Tseregounis
    Helena Tseregounis

    Helena Tseregounis

    Helena Tseregounis is a rising star in the bankruptcy and restructuring space. She advises clients on domestic and cross-border restructurings, with notable experience in mass tort bankruptcies.

    • Helena Tseregounis has a very high level of legal competence, a good bedside manner and knows how to navigate fraught situations.

      Bankruptcy/Restructuring respondentUSA

    • Helena is effective, smart and capable.

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Ranked Individuals at Latham & Watkins LLP (4)

California

Latham & Watkins LLP has rankings in the following guides

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