Bankruptcy/Restructuring: The Elite
USA Guide 2024 : USA - Nationwide
Band 3
About
Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
The Corporate Restructuring Group at Skadden provides innovative solutions to clients involved in distressed company situations, which allow clients to minimize costs, enhance value and properly position themselves for the future.
We represent troubled companies, their boards, management, owners, creditors, lenders, investors and acquirors handling restructurings in and out of court, financial recapitalizations, business reorganizations, acquisitions and liquidations. Our lawyers also advise on insolvency issues in corporate and financing transactions and on all aspects of distressed debt trading and securities issues. A substantial aspect of our practice focuses on avoiding or mitigating the adverse effects of liquidity or other crises through contingency planning and helping companies overcome the inertia of a downward spiral while they still have alternatives to bankruptcy. In addition, our presence in Europe, Asia and South America allows us to address clients’ needs in the context of insolvency and bankruptcy regimes around the world.
Our Corporate Restructuring Group consistently has been recognized by peers and restructuring professionals as one of the top practices in the world. Skadden was named Corporate Restructuring Team of the Year by The American Lawyer and Legal Week at the 2017 Transatlantic Legal Awards, as well as U.S. News — Best Lawyers Law Firm of the Year for its Corporate Restructuring Group as part of the publication’s 2017 “Best Law Firms” survey.
Chambers Review
Skadden is known for regularly acting on engagements covering multiple jurisdictions. The group is well equipped to undertake complex bankruptcy litigation on behalf of high profile clients, with an impressive track record in debtor-side representations. It provides expert counsel to distressed companies on pre-bankruptcy concerns, including planning for market illiquidity, as well as appearing in high profile Chapter 11 cases.
Work Highlights
- Skadden continued to represent Endo International, and its affiliates, in its Chapter 11 cases.
Strengths
Provided by Chambers
"The team has an excellent understanding of the issues. They are on top of changes in the law and current trends, and are very creative in finding solutions."
"The Skadden team is very determined, creative and ready to go the extra mile for their clients."
"The Skadden team is hyper-focused on providing outstanding client service."
"The team has an excellent understanding of the issues. They are on top of changes in the law and current trends, and are very creative in finding solutions."
"The Skadden team is very determined, creative and ready to go the extra mile for their clients."
"The Skadden team is hyper-focused on providing outstanding client service."
Notable Practitioners
Paul Leake acts for clients on both the debtor and creditor sides on matters across industries including healthcare, retail and media. He is adept at handling out-of-court restructurings as well as Chapter 11 proceedings and related transactions.
"He sees the whole scene and is always a couple of steps ahead."
"Paul is an amazing service provider."
"Paul is the consummate strategist."