Department profile
Latham & Watkins LLP

Bankruptcy/Restructuring

USA Guide 2026 : Illinois

Share profile

Latham & Watkins LLP

Rankings

Chambers Review

Provided by Chambers

Bankruptcy/Restructuring - Illinois

Band 2

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.
View ranking table

Work Highlights

Provided by Chambers

  • Latham & Watkins LLP advised Audacy and its debtor affiliates in their pre-packaged chapter 11 cases to implement a consensual USD1.9 billion restructuring.

Strengths

Provided by Chambers

  • Latham is my most trusted and reliable partner. The team thinks through and prepares for various options and offers a superior level of service.

    Bankruptcy/Restructuring respondentUSA

  • The group has an impressive breadth of knowledge and is very creative and responsive. They handle large and complex cases, often juggling multiple debtor representations at the same time.

    Bankruptcy/Restructuring respondentUSA

Notable Practitioners

Provided by Chambers

  • Caroline Reckler
    Caroline Reckler

    Caroline Reckler

    Caroline Reckler acts for retail and energy clients, as part of a broad client base. She works on Chapter 11 restructuring and distressed M&A.

    • Caroline is sophisticated, experienced and creative; she has come up with novel approaches to myriad legal issues and has led in some of the most complex Chapter 11 restructurings.

      Bankruptcy/Restructuring respondentUSA

    • She is extremely proactive, thoughtful and strategic; always a step or two ahead of opposition.

      Bankruptcy/Restructuring respondentUSA

    • Caroline is just exceptional; she is very business-forward and can weave her way though the bankruptcy code with ease and elegance.

      Bankruptcy/Restructuring respondentUSA
    View profile
  • Ryan Dahl
    Ryan Dahl

    Ryan Dahl

    Ryan Dahl has extensive experience acting for debtors in Chapter 11 proceedings, as well as out-of-court workouts.

    • Ryan showcases a unique level of expertise and leadership.

      Bankruptcy/Restructuring respondentUSA

    • Ryan's impact on the restructuring space is very powerful.

      Bankruptcy/Restructuring respondentUSA
    View profile
  • James Ktsanes
    James Ktsanes

    James Ktsanes

    James Ktsanes is a talented attorney whose practice displays strength in the representation of creditors and debtors in a broad suite of sophisticated restructuring matters.

    • James has a really great perspective and a high level of expertise; his attention to detail and ability to negotiate is also very high.

      Bankruptcy/Restructuring respondentUSA

    • He is very reasonable, practical and smart.

      Bankruptcy/Restructuring respondentUSA

    • He is an excellent blended finance lawyer.

      Bankruptcy/Restructuring respondentUSA
    View profile
  • Benjamin Rhode
    Benjamin Rhode

    Benjamin Rhode

    Benjamin Rhode is known for representing clients across a broad spectrum of bankruptcy and insolvency cases. He is particularly adept in out-of-court restructurings and Chapter 11 proceedings.

    • Ben does an excellent job and is very calm with clients.

      Bankruptcy/Restructuring respondentUSA
    View profile
  • Jason Gott
    Jason Gott

    Jason Gott

    Jason Gott represents financially distressed clients in bankruptcy litigation as well as out-of-court restructurings. He is particularly adept at handling debt restructuring transactions, Chapter 11 and Chapter 15 proceedings.

    • He is a strong technical lawyer.

      Bankruptcy/Restructuring respondentUSA

    • He has great judgment and does well in court dealing with opposing counsel. He has a steady and strategic approach to questions.

      Bankruptcy/Restructuring respondentUSA

    • Jason is very good; exceptionally skilled in his subject matter area and a good thought partner.

      Bankruptcy/Restructuring respondentUSA
    View profile

Ranked Individuals at Latham & Watkins LLP (5)

Illinois

Latham & Watkins LLP has rankings in the following guides

What success is built on

Chambers is the leading data and intelligence partner for the legal sector.

Explore thought leadership