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

Bankruptcy/Restructuring

USA Guide 2026 : USA - Nationwide


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

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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 - USA - Nationwide


What the Team is Known For

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

Provided by Chambers

  • Skadden, Arps, Slate, Meagher & Flom represented Endo in its Chapter 11 restructuring.

Strengths

Provided by Chambers

  • They are creative and have the ability to solve complex matters.

    Bankruptcy/Restructuring respondentUSA
  • 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 2Paul Leake
    Band 2Paul Leake

    Paul Leake

    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.
    • Paul is incredibly smart.

      Bankruptcy/Restructuring respondentUSA
    • Paul is a fabulous, detailed and creative problem solver. He has strong judgment and skills to deliver results.

      Bankruptcy/Restructuring respondentUSA
    • He is very smart and practical.

      Bankruptcy/Restructuring respondentUSA
    • His main strength is the ability to take a complex set of facts and distill and communicate them to stakeholders.

      Bankruptcy/Restructuring respondentUSA
  • Band 4Matt Murphy
    Band 4Matt Murphy

    Matt Murphy

    Matt Murphy is well-known for the high quality of his restructuring practice. He advises on Chapter 11 matters and distressed M&A.

    • 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

Ranked Individuals at Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates (2)

USA - Nationwide

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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