Department profile
Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Bankruptcy/Restructuring

USA Guide 2026 : Illinois


Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Rankings

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

Provided by Chambers

Bankruptcy/Restructuring - Illinois

Band 2

Band 2


What the Team is Known For

Skadden is a powerhouse in the Illinois bankruptcy space, recognized for its representation of companies, creditors and investors in connection with restructurings and reorganizations. Offers a strong track record in matters with a cross-border component. Particularly prominent in matters pertaining to the oil and gas industry.

Strengths

Provided by Chambers

  • Skadden has a highly consultative and commercial approach and provide very sophisticated advice. They constantly look for ways to get to the best result with minimum drama.

    Bankruptcy/Restructuring respondentUSA

Notable Practitioners

Provided by Chambers

  • Band 1Matt Murphy
    Band 1Matt Murphy

    Matt Murphy

    Matt Murphy advises on Chapter 11 reorganizations and distressed M&A. He also acts on liquidation matters and payment defaults.
    • He is a very good attorney; knowledgeable, responsive and practical.

      Bankruptcy/Restructuring respondentUSA
    • Matt has a calm and patient demeanor that belies an ability to be tough when needed.

      Bankruptcy/Restructuring respondentUSA
  • Band 2Ron E Meisler
    Band 2Ron E Meisler

    Ron E Meisler

    Ron Meisler advises lenders on Chapter 11 proceedings, insolvencies and amendments to debt facilities. He often works with financial institutions.
    • Ron is just fabulous; he is curious about everything and has insightful questions that open up new possibilities. He is a passionate advocate who also manages expectations well.

      Bankruptcy/Restructuring respondentUSA
    • He is very business-oriented and a very strong technical lawyer. He is very adept at managing complex debt finance instruments.

      Bankruptcy/Restructuring respondentUSA
    • Ron is a brilliant restructuring strategist with an incredibly calm demeanor. He filters out the noise and focuses on the core issues. He is very reliable and practical.

      Bankruptcy/Restructuring respondentUSA
  • Band 3James Mazza
    Band 3James Mazza

    James Mazza

    James Mazza assists clients with a host of bankruptcy and restructuring matters. His impressive client roster includes those in the healthcare arena.
    • James is very responsive and his key skills lie in his problem-solving and overall vision.

      Bankruptcy/Restructuring respondentUSA
    • He knows restructuring and is highly experienced; he can draw on examples from other restructurings and talk a board through alternatives.

      Bankruptcy/Restructuring respondentUSA
    • He is very commercial, level-headed and really smart.

      Bankruptcy/Restructuring respondentUSA

Ranked Individuals at Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates (3)

Illinois

Members

Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates has rankings in the following guides

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