Department profile
Sidley Austin LLP

Bankruptcy/Restructuring: The Elite

USA Guide 2026 : New York


Sidley Austin LLP

Rankings

About

Provided by Sidley Austin LLP

For more information on the practice, please visit the practice's page at: 

https://www.sidley.com/en/services/restructuring

Chambers Review

Provided by Chambers

Bankruptcy/Restructuring: The Elite - New York

Band 5

Band 5


What the Team is Known For

Sidley Austin LLP offers broad expertise, with strength across Chapter 11 cases and out-of-court workouts. The firm offers substantial experience across a wide range of industries, including real estate, healthcare and aviation. The team is noted for work on both the debtor and creditor side of transactions.

Work Highlights

Provided by Chambers

  • Sidley Austin represented Prospect Medical Holdings and several subsidiaries in its Chapter 11 bankruptcy cases.

Strengths

Provided by Chambers

  • They are thoughtful, creative and responsive to the unique circumstance and objectives of the transaction.

    Bankruptcy/Restructuring: The Elite respondentUSA
  • The team is sophisticated and has comprehensive knowledge of all insolvency-related matters.

    Bankruptcy/Restructuring: The Elite respondentUSA
  • They are very practical, down to earth and know when to be strategic.

    Bankruptcy/Restructuring: The Elite respondentUSA

Notable Practitioners

Provided by Chambers

  • Band 2Stephen Hessler
    Band 2Stephen Hessler

    Stephen Hessler

    Stephen Hessler possesses significant expertise in Chapter 11 proceedings. His recent work includes advising on matters concerning the energy sector and notable debtor-side representation.
    • He has a great combination of business strategy and bankruptcy law knowledge.

      Bankruptcy/Restructuring: The Elite respondentUSA
    • Stephen is an excellent lawyer who has great experience. He is commercial and very smart.

      Bankruptcy/Restructuring: The Elite respondentUSA
    • He is a very seasoned and effective lawyer and able to lead exceedingly complex deals.

      Bankruptcy/Restructuring: The Elite respondentUSA
    • Stephen is smart and extremely cerebral. He is excellent at seeing the chess moves before they're made.

      Bankruptcy/Restructuring: The Elite respondentUSA
  • Band 4Thomas Califano
    Band 4Thomas Califano

    Thomas Califano

    Thomas Califano is noted for his expertise advising debtors on bankruptcy matters, including Chapter 11 cases, and offers recent experience in the healthcare, oil and gas and media industries.
    • Tom is the most trusted attorney we work with and a great business partner.

      Bankruptcy/Restructuring: The Elite respondentUSA
    • He is a street smart, practical, get-it-done lawyer.

      Bankruptcy/Restructuring: The Elite respondentUSA
  • Band 6Anthony Grossi
    Band 6Anthony Grossi

    Anthony Grossi

    Anthony Grossi demonstrates strength in Chapter 11 reorganizations and out-of-court restructurings. He is experienced in representing both company and creditor clients.

    • He is great and really calm under pressure.

      Bankruptcy/Restructuring: The Elite respondentUSA
    • Anthony is an excellent lawyer with a highly sophisticated approach to restructuring, a deep knowledge of the law and a nose for a deal. He is an excellent lawyer and a great person to shepherd a company through a difficult time.

      Bankruptcy/Restructuring: The Elite respondentUSA

Ranked Individuals at Sidley Austin LLP (3)

New York

Members

Provided by Sidley Austin LLP

Sidley Austin LLP has rankings in the following guides

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