Ranking tables

Bankruptcy/Restructuring: Highly Regarded | USA

New York

The focus is on corporate bankruptcy and restructuring and the legal processes related to distressed businesses, which can either be reorganized or go into liquidation. Also, especially in the current economic environment, the chapter includes lawyers who advise on acquisition opportunities that arise out of distressed businesses. Lawyers in this chapter assist clients such as corporate debtors, investors and asset purchasers, secured and unsecured creditors and creditors` committees, bondholders, insurers, directors of distressed companies and any other interested parties in corporate restructurings and bankruptcy proceedings. In addition to transactional work, bankruptcy also covers any related litigation, such as disputes between such parties in connection with distressed companies and Chapter 11 and Chapter 7 processes.

All Departments profiles

1

Band 1

  1. A&O Shearman
    1
    A&O Shearman
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 1 Years Ranked
    Shearman & Sterling LLP ably represents clients in a range of domestic and cross-border restructuring matters, including Chapter 11 filings and out-of-court workouts. Clients benefit from the firm's extensive national and international network of offices.
  2. ArentFox Schiff LLP
    1
    ArentFox Schiff LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 4 Years Ranked
    ArentFox Schiff LLP acts for both debtors and creditors in complex bankruptcy and restructuring matters. Noted for its capabilities advising indenture trustees. Offers wide-ranging sector expertise, spanning the energy, telecommunications, and retail industries.
  3. Blank Rome LLP
    1
    Blank Rome LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 4 Years Ranked
    Blank Rome LLP offers notable expertise in reorganizations and bankruptcy litigation. Acts for a broad range of clients, including creditors' committees, debtors, secured lenders and indenture trustees. Regularly advises on cases relating to automotive, oil and gas, and real estate.
  4. Faegre Drinker
    1
    Faegre Drinker
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 4 Years Ranked
    Faegre Drinker is recognized for its strong bondholder and indenture trustee practice. Provides significant expertise in Chapter 11 and Chapter 15 cases. Operates across a variety of sectors, including energy and telecommunications.
  5. Greenberg Traurig, LLP
    1
    Greenberg Traurig, LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 2 Years Ranked
    Greenberg Traurig LLP is known for its work representing creditors and lenders in restructuring matters. It is a destination practice for clients seeking advice in Chapter 11 cases, Section-363 sales and out-of-court workouts.
  6. Hughes Hubbard & Reed LLP
    1
    Hughes Hubbard & Reed LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 3 Years Ranked
    Hughes Hubbard & Reed LLP is recognized for its strength across a variety of restructuring matters. Noted experience in bankruptcies in the financial services, energy and technology spaces, among others.
  7. Kilpatrick Townsend & Stockton LLP
    1
    Kilpatrick Townsend & Stockton LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 2 Years Ranked
    Kilpatrick Townsend & Stockton LLP fields a strong practice with notable expertise in creditor-side work. In particular, the firm routinely represents creditor committees and trustees in Chapter 11 proceedings and out-of-court restructurings, as well as bankruptcy-related litigation.
  8. Linklaters
    1
    Linklaters
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 4 Years Ranked
    Linklaters offers a significant lender-side practice acting for agents to senior secured lenders, RBL lenders and ad hoc committees. Offers strong cross-border capabilities, regularly acting in Chapter 15 cases and related litigation. Active on matters concerning companies in the oil and gas, retail and aviation sectors.
  9. Lowenstein Sandler LLP
    1
    Lowenstein Sandler LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 2 Years Ranked
    Lowenstein Sandler LLP is well regarded for its work in representing creditors, debtors and lenders in a variety of bankruptcy matters. Recent experience includes out-of-court restructurings, liquidating trustee representations and work in sectors such as manufacturing.
  10. Morgan, Lewis & Bockius LLP
    1
    Morgan, Lewis & Bockius LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 4 Years Ranked
    Morgan, Lewis & Bockius LLP is well regarded for acting on workouts and restructurings as well as related litigation. Routinely acts for noteholder groups and creditors' committees. Active on high-profile healthcare and oil and gas-related matters. Also fields significant Chapter 15 capabilities, with particular experience in matters concerning Latin America.
  11. Orrick, Herrington & Sutcliffe LLP
    1
    Orrick, Herrington & Sutcliffe LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 4 Years Ranked
    Orrick, Herrington & Sutcliffe LLP is noted in the market for its representation of creditors, financial institutions and bondholders. Handles high-profile Chapter 11 cases and municipal restructuring issues. Offers experience advising on bankruptcy and restructurings in the context of cross-border matters.
  12. Seward & Kissel LLP
    1
    Seward & Kissel LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 4 Years Ranked
    Seward & Kissel LLP is recognized for its experienced representation of indenture trustees and creditors' committees in complex bankruptcy matters. The firm is noted for its expertise in representing parties in Chapter 7 and Chapter 11 proceedings.
  13. Vinson & Elkins LLP
    1
    Vinson & Elkins LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 1 | 4 Years Ranked
    Vinson & Elkins LLP has significant experience advising on out-of-court restructurings and Chapter 11 proceedings. Also acts for clients in Section 363 sales. Strong reputation in the energy sector, with notable recent work including mining-related matters.
2

Band 2

  1. Alston & Bird LLP
    2
    Alston & Bird LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 2 | 1 Years Ranked
    Alston & Bird LLP is a well-regarded firm in the New York market that advises equity holders, lenders, insurance companies and trustees on a broach spectrum of insolvency matters. Its particular expertise includes Chapter 11 cases, out-of-court restructurings, distressed M&A and bankruptcy litigation. The team routinely advises clients from the retail and real estate sectors.
  2. BakerHostetler LLP
    2
    BakerHostetler LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 2 | 2 Years Ranked
    BakerHostetler LLP acts for both creditors and debtors in a range of bankruptcy matters. The firm is experienced in a broad range of industries, including energy and telecommunications.
  3. Cadwalader, Wickersham & Taft LLP
    2
    Cadwalader, Wickersham & Taft LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 2 | 4 Years Ranked
    Cadwalader, Wickersham & Taft LLP has an experienced team which is frequently engaged by creditors for advice on complex, high-profile bankruptcy matters. Has notable cross-border capabilities. Sought out for its expertise in restructuring municipal debt and Chapter 11 proceedings.
  4. Cahill Gordon & Reindel LLP
    2
    Cahill Gordon & Reindel LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 2 | 1 Years Ranked
    Cahill Gordon & Reindel LLP is highly considered for its ability in advising agents, lenders and major banks on in and out-of-court restructurings. The firm is particularly adept in restructuring transactions including DIP financings, exit financings and liability management transactions.
  5. Freshfields US LLP
    2
    Freshfields US LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 2 | 1 Years Ranked
    Freshfields Bruckhaus Deringer demonstrates strong international capabilities, working closely with its UK and European offices to advise on cross-border restructurings. The firm also advises clients on bankruptcy litigation and out-of-court workouts. The team is particularly active in aviation-sector restructurings.
  6. Mayer Brown LLP
    2
    Mayer Brown LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 2 | 1 Years Ranked
    Mayer Brown LLP has a well-respected restructuring practice. It represents debtors, agents, indenture trustees and lenders in out-of-court workouts, distressed M&A transactions and bankruptcy litigation. Further expertise includes representing creditors' committees in Chapter 11 cases.
  7. Norton Rose Fulbright
    2
    Norton Rose Fulbright
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 2 | 1 Years Ranked
    Norton Rose Fulbright LLP has a strong reputation for its restructuring work. The firm advises a broad client base, including financial institutions and global banks, on Chapter 11 cases and out-of-court restructurings on both the national and international stages. Areas of particular industry specialism include aviation, energy and telecommunications.
  8. Pillsbury
    2
    Pillsbury
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 2 | 1 Years Ranked
    Pillsbury LLP has deep experience in national and international insolvency proceedings, with deep knowledge of Chapter 15 and Chapter 11 cases. The team is particularly active on restructurings in the aviation industry.
  9. Winston & Strawn LLP
    2
    Winston & Strawn LLP
    Bankruptcy/Restructuring: Highly Regarded
    2024 | Band 2 | 1 Years Ranked
    Winston & Strawn has a strong restructuring practice representing creditor and debtor clients in Chapter 11 cases, distressed M&A transactions, Section 363 sales and out-of-court restructurings. The team demonstrates a wide range of sector expertise, spanning healthcare, energy and aviation, amongst others. They also advises on high-stakes bankruptcy litigation.