Bankruptcy/Restructuring | USA

King & Spalding has a market-leading bankruptcy group that represents a variety of financial institutions, such as banks, hedge funds and private equity firms, in workout and restructuring matters both in and out of court. The firm is noted for its strength across the retail, manufacturing, energy and healthcare sectors, and represents a good choice of counsel for high-stakes cross-border bankruptcy cases. It is also noted for its handling of distressed M&A and insolvency litigation. The group's expertise extends to multinational workouts, including those occurring in the Middle East and Europe.

Alston & Bird has a superb bankruptcy team that works alongside clients at every stage of the restructuring and bankruptcy process. The firm excels in Chapter 11 proceedings and also provides representation and support on matters such as remedy enforcement and out-of-court workouts. It has strong capabilities in advising on debtor-in-possession financings. In addition, the group is noted for its counsel on issues concerning fiduciary duties and fraudulent conveyances. Clients include creditors' committees, lenders, debtors and buyers of distressed assets.

Greenberg Traurig has a strong Georgia-based offering within the firm's highly experienced national bankruptcy practice. It is able to tackle complex in-court and out-of-court bankruptcy and restructuring matters for fiduciaries, investors and a range of other clients. The group's expertise covers distressed acquisitions and sales. The firm is recognised for its representation of creditors' committees, most notably with respect to bankruptcies in the energy sector.

Parker, Hudson, Rainer & Dobbs has an impressive bankruptcy practice advising credit providers, such as insurance companies and banks, on a broad spectrum of insolvency matters. The firm has particular expertise in acting as agent's counsel in Chapter 11 situations. It also represents trustees, examiners and debtors in bankruptcy issues, and is noted for its counsel in cases relating to the misappropriation of assets, breaches of fiduciary duty and allegations of fraud. The team is recognised for its strong workout team, often working in parallel with court-ordered restructurings. It is noted for its capabilities in handling bankruptcy-related mediations. The group acts for major banks and other financial institutions, both national and multinational.

Troutman Pepper Locke LLP has an experienced bankruptcy practice with an emphasis on counselling indenture trustees, financial institutions, special servicers and other secured creditors. The group assists with matters such as fraudulent transfer litigation, Chapter 11 bankruptcy and out-of-court workouts. The firm is very strong in restructurings, particularly for cross-border matters, and it possesses wide-ranging industry sector experience that includes energy, aviation, healthcare and hospitality.

Eversheds Sutherland LLP is a go-to firm for complex bankruptcy and restructuring work. The firm is recognised for its wide-ranging creditor- and debtor-side practice, with strength in litigation and distressed M&A.

Adams & Reese has a strong lender-side practice, representing creditors' committees and other financial institutions in Chapter 11 cases and out-of-court restructurings. The firm also offers a strong bankruptcy litigation practice.

Arnall Golden Gregory is a prominent bankruptcy firm skilled in handling a range of distressed proceedings, offering notable prominence in Chapter 11 filings on behalf of debtors and creditors' committees. The firm is experienced in serving as trustees in Chapter 7 proceedings. It has additional strengths in out-of-court restructurings.

Baker, Donelson, Bearman, Caldwell & Berkowitz, PC has a skilled group that offers a range of restructuring services, including workouts, loan actions and Chapter 11 proceedings. The group attracts a broad client base, which includes major financial institutions and private equity investors. It also has strength in mandates involving cross-border elements.

Morris, Manning & Martin supports clients in matters such as corporate restructuring, workouts and Chapter 11 bankruptcies. The team advises lenders on a range of matters relating to distressed loans, including franchise financing and letters of credit. They are highly regarded for their expertise in bankruptcy litigation, including fraudulent transfer and preference disputes. The team serves a broad client base, with particular expertise in representing financial institutions and other creditor-side clients.