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DEPARTMENT PROFILE

McGlinchey Stafford

Bankruptcy/Restructuring

1 ranked lawyersBand 2LouisianaUSA 2021 View ranking table

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Regularly involved in providing counsel to banks and other financial institutions in bankruptcy proceedings. Handles loan workouts and distressed asset sales in addition to providing counsel in Chapter 11 and 7 filings. Also noted for its handling of foreclosures for maritime financiers and heavy equipment manufacturers, among other clients.

Strengths

One source comments: "The attorneys are very knowledgeable concerning US bankruptcy law, particularly as applied by the local courts, as well as Louisiana law, which is rather different."

An interviewee notes: "The nature of the advice was not only complex but involved sensitive areas of judgment and a degree of diplomacy as well. I could not have been more pleased with the level of services they delivered."

"They have always been responsive and effective," confirms another source.

Notable practitioners

Rudy Cerone focuses on advising lenders and other creditors on bankruptcy matters. He has extensive experience handling Chapter 11 proceedings.
"He's very diligent, attentive to detail and he has a deep knowledge of the individual bankruptcy courts and practitioners. He's also a very easy fellow to work with." "I am most impressed with Rudy’s knowledge of bankruptcy law, practical approach to problems and his knowledge of other practitioners in the case and local practices."

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Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Louisiana

Bankruptcy/Restructuring


Rudy Cerone
Band 2