Latham & Watkins LLP

Bankruptcy/Restructuring Department

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What the team is known for Hugely respected insolvency team, noted for its outstanding representation of creditor and debtor-side clients in the full range of bankruptcy work. Continuing strength in out-of-court restructurings, high-value Chapter 11 cases and cross-border bankruptcies. Also noted for its handling of matters such as distressed M&A and prepackaged bankruptcies.

Strengths One source states: "When you hire it for a matter, you know you'll get great work."

A client reports: "It possesses the ability to ask the right questions and make the client feel comfortable."

Work highlights Represented Imerys Talc in Chapter 11 restructuring proceedings before the US Bankruptcy Court for the District of Delaware.

Notable practitioners

Caroline Reckler
acts for retail and energy clients on Chapter 11 restructuring and distressed M&A. "She's extraordinarily effective," remarks one satisfied client, continuing: "She's enormously pragmatic, well liked by her clients and adversaries, and is incredibly creative and resourceful."

Richard Levy
advises a range of clients in distressed M&A relating to bankruptcy, as well as handling Chapter 11 proceedings and out-of-court restructuring settlements. One interviewee lauds: "He has an impressive mind in bankruptcy and restructuring, has a very calm demeanor and is a practical thinker."