Department profile
O'Melveny & Myers LLP

Bankruptcy Litigation

USA Guide 2026 : New York


O'Melveny & Myers LLP

Rankings

About

Provided by O'Melveny & Myers LLP

O'Melveny's restructuring lawyers, many of whom are also experienced litigators, have played a leadership role in a number of the largest and highest profile restructuring matters in recent years, including the ongoing financial restructuring of Puerto Rico with more than US$70 billion of debt and the bankruptcies of Verso, Energy Future Holdings, LINN Energy, Homer City Generation, Colt Defense, Cal Dive International, Peabody Energy, Hancock Fabrics, New Century Financial, Dynegy,General Motors, and Chrysler. Our clients, which include some of the most well known names in finance, turn to O’Melveny in their most challenging times and when the stakes are at their highest. 

Our restructuring team has broad experience representing the full panoply of participants in bankruptcies and out-of-court restructurings, including: Debtors in chapter 11 bankruptcies and out-of-court restructurings; Investors in distressed debt; Ad hoc groups of secured and unsecured creditors; Official committees of unsecured creditors; Private equity sponsors and their distressed portfolio companies; Purchasers of distressed assets in section 363 and other distressed M&A transactions; Bank agents and indenture trustees; and Providers of debtor-in-possession or exit financing.

Chambers Review

Provided by Chambers

Bankruptcy Litigation - New York


What the Team is Known For

O'Melveny & Myers LLP is an eminent presence in the bankruptcy and restructuring space, well known for its involvement in significant Chapter 11 restructurings. The firm has a strong debtor-side practice in addition to representing major lenders. The team also possesses strength in advising a broad range of creditors, as well as potential buyers and sellers of distressed assets, and enjoys a fine reputation for its work in the energy sector.

Work Highlights

Provided by Chambers

  • O'Melveny & Myers represented the official committee of unsecured creditors in the Chapter 11 case of Millenkamp Cattle.

Strengths

Provided by Chambers

  • The team we worked with at O'Melveny are strategic thinkers and diligent lawyers.

    Bankruptcy Litigation respondentUSA
  • Responsive, creative and practical advice is provided consistently.

    Bankruptcy Litigation respondentUSA
  • They are very practical and understanding of our commercial perspective.

    Bankruptcy Litigation respondentUSA
  • The team prioritizes what is important and provides sound advice.

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  • They are always responsive.

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Notable Practitioners

Provided by Chambers

  • Band 3Peter M Friedman
    Band 3Peter M Friedman

    Peter M Friedman

    Peter Friedman serves as chair of the firm's bankruptcy and litigation group, where he has experience representing borrowers and their stakeholders, including lenders, bondholders, investors and officers and directors in bankruptcy court.

    • He is easy to communicate with and responsive.

      Bankruptcy Litigation respondentUSA
    • He is a brilliant strategist and outstanding in cross-examination.

      Bankruptcy Litigation respondentUSA
    • Peter is very strategic on how to handle a high profile matter. He sees the big picture and is a straight shooter.

      Bankruptcy Litigation respondentUSA
    • Peter is highly skilled, tactical and laser-focused. He reads the room, understands the issues and is creative in designing solutions.

      Bankruptcy Litigation respondentUSA
    • He is truly committed to our cause.

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Ranked Individuals at O'Melveny & Myers LLP (1)

New York

Members

Provided by O'Melveny & Myers LLP

O'Melveny & Myers LLP has rankings in the following guides

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