Latham & Watkins LLP

Bankruptcy/Restructuring Department

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What the team is known for High-quality bankruptcy and restructuring practice with notable expertise in representing clients on both the creditor and debtor sides. Boasts considerable experience acting on Chapter 15 cases and is also proficient at handling out-of-court workouts and prepackaged bankruptcies. 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. Exhibits additional strength in the Chapter 11 bankruptcy auction arena.

Strengths One client states: "They are professional, competent and responsive, and have the scale for tricky mandates when you need full service."

"I couldn’t speak more highly about this firm and the level of support we receive," reports one client, adding that "its particular strengths are the response times and service regardless of how big or small the case is."

Sources praise the "consistent quality" of the team, saying: "When you hire them for a matter you know you'll get great work."

Work highlights Acted for Imerys Talc America and certain affiliates on its Chapter 11 cases pending in the US Bankruptcy Court for the District of Delaware.

Notable practitioners

Jeffrey Bjork
"has a rare combination of an excellent courtroom demeanor and a thorough grasp of the law," according to sources. He is particularly noted for his expertise representing debtors and has additional experience acting for other stakeholders in an array of bankruptcy matters. Other sources regard him as a "brilliant strategist, and very calm and effective in court."

Kimberly Posin
advises both debtor and creditor clients on a broad range of matters including Chapter 11 proceedings and out-of-court restructurings. "Kim is a brilliant and steady hand on the client rudder," reports one source, adding: "She sees the issues well and sets the course."

Peter Gilhuly
is regarded as "one of the preeminent practitioners on the West Coast" by market commentators. He advises clients in a broad range of bankruptcy matters including Chapter 11 proceedings as well as out-of-court restructurings. One client notes: "He is exceedingly bright and very capable."

Ted Dillman
's practice spans restructuring and distressed mergers and acquisitions to Chapter 11 bankruptcy proceedings. Clients praise his "excellent communication skills," with other sources noting that he is a "tireless worker, creative and experienced."