Ranking tables

Bankruptcy/Restructuring | USA

Pennsylvania: Philadelphia & Surrounds

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.

Rankings overview for Departments

All Departments profiles

1

Band 1

  1. Blank Rome LLP
    1
    Blank Rome LLP
    Bankruptcy/Restructuring
    2024 | Band 1 | 6 Years Ranked
    Blank Rome LLP offers a stellar bankruptcy and restructuring team handling the full range of issues, including Chapter 11 and Chapter 15 matters, as well as related bankruptcy litigation. The team possesses significant knowledge of complex financing transactions. Its clients also include major financial institutions and companies in the insurance recovery and finance sector. The firm is strong in its representation of debtors and both secured and unsecured creditors in restructuring proceedings.
  2. Reed Smith LLP
    1
    Reed Smith LLP
    Bankruptcy/Restructuring
    2024 | Band 1 | 6 Years Ranked
    Reed Smith offers an outstanding bankruptcy practice with significant experience in representing national and international clients in debt restructuring, workouts and other sophisticated insolvency proceedings. The team regularly acts for creditors, lenders and creditors' committees, and has considerable knowledge of complex financial structures, including credit default swaps and structured investment vehicles. It has a growing debtors practice, and excels in bankruptcy litigation and the defense of bankruptcy class actions. The team regularly acts for debtors in the manufacturing and energy sectors, as well as for prominent national and international banks.
2

Band 2

  1. Dilworth Paxson LLP
    2
    Dilworth Paxson LLP
    Bankruptcy/Restructuring
    2024 | Band 2 | 6 Years Ranked
    Dilworth Paxson LLP has a comprehensive bankruptcy and restructuring team that advises distressed companies from various sectors, including publishing, real estate and technology. It is particularly noted for its strength in representing debtors and lenders in complex Chapter 7 and Chapter 11 cases. Also well versed in creditors' rights and corporate restructurings.
  2. Duane Morris LLP
    2
    Duane Morris LLP
    Bankruptcy/Restructuring
    2024 | Band 2 | 6 Years Ranked
    Duane Morris LLP houses a distinguished practice handling high-profile Chapter 11 bankruptcy proceedings and major restructurings. Its practitioners have considerable experience in cross-jurisdictional insolvency work and creditors' rights matters and has significant experience in asset depositions, business and finance markets.
  3. Faegre Drinker
    2
    Faegre Drinker
    Bankruptcy/Restructuring
    2024 | Band 2 | 6 Years Ranked
    Faegre Drinker possess an excellent practice with particular emphasis on assisting energy and environmental clients in insolvency matters and corporate restructurings. The group is highly skilled in mass tort Chapter 11 proceedings and cases involving private equity portfolio companies. The team acts for both lenders and creditors in loan workouts.
  4. Saul Ewing LLP
    2
    Saul Ewing LLP
    Bankruptcy/Restructuring
    2024 | Band 2 | 6 Years Ranked
    Saul Ewing LLP is predominantly known for advising clients on complex reorganizations and restructurings across Pennsylvania. The team is known for acting as debtor's counsel in Chapter 11 cases and assisting creditors' committees in the full range of restructuring matters. It is also noted for its skills in debtor-in-possession financing and asset disposition.
3

Band 3

  1. Fox Rothschild
    3
    Fox Rothschild
    Bankruptcy/Restructuring
    2024 | Band 3 | 6 Years Ranked
    Fox Rothschild LLP has a robust practice acting for a diverse array of clients, from family-owned businesses to large corporates, on complex bankruptcy and restructuring matters. The group is well versed in a wide range of sectors, and is particularly noted for its work in construction, energy, manufacturing and healthcare.
4

Band 4

  1. Ballard Spahr LLP
    4
    Ballard Spahr LLP
    Bankruptcy/Restructuring
    2024 | Band 4 | 6 Years Ranked
    Ballard Spahr LLP represents an established practice assisting in various types of bankruptcy and restructuring matters, with a particular emphasis on the reorganization of debt and Chapter 11 proceedings. Its practitioners demonstrate extensive courtroom experience at both the federal and state level. The team is particularly sought after for its strengths in complex real estate workouts and retail tenant bankruptcies.
  2. McElroy, Deutsch, Mulvaney & Carpenter, LLP
    4
    McElroy, Deutsch, Mulvaney & Carpenter, LLP
    Bankruptcy/Restructuring
    2024 | Band 4 | 6 Years Ranked
    McElroy, Deutsch, Mulvaney & Carpenter is well regarded for representing debtors and creditors in Chapter 11 and Chapter 7 proceedings, and is particularly noted for its skills in bankruptcy disputes, reorganizations and creditors' rights matters. The firm regularly represents debtors, lenders and creditors' committees, and enjoys a fine reputation for its work in healthcare and mass tort matters.
  3. Robinson & Cole LLP
    4
    Robinson & Cole LLP
    Bankruptcy/Restructuring
    2024 | Band 4 | 3 Years Ranked
    Robinson & Cole has considerable experience of handling mass tort bankruptcy cases. The team demonstrates the ability to provide coverage of issues for both national and international clients, including banks and other financial institutions. The group has the capacity to handle international restructurings, financing and acquisitions.
  4. Flaster Greenberg PC
    Bankruptcy/Restructuring
    2024 | Band 4
  5. Klehr Harrison Harvey Branzburg LLP
    Bankruptcy/Restructuring
    2024 | Band 4
5

Band 5

  1. Hangley Aronchick Segal Pudlin & Schiller
    5
    Hangley Aronchick Segal Pudlin & Schiller
    Bankruptcy/Restructuring
    2024 | Band 5 | 1 Years Ranked
    Hangley Aronchick Segal Pudlin & Schiller is frequently sought by both creditors and debtors to act in complex bankruptcy matters. The team has significant experience in bankruptcy litigation. It is well versed in a wide range of industries including insurance, pharmaceutical, manufacturing and finance.
  2. Morgan, Lewis & Bockius LLP
    5
    Morgan, Lewis & Bockius LLP
    Bankruptcy/Restructuring
    2024 | Band 5 | 3 Years Ranked
    Morgan, Lewis & Bockius LLP is well regarded for its in-depth representation of creditors and institutional investors. The team routinely handles both out-of-court restructurings and bankruptcy proceedings. The practitioners draw on their previous experiences to act as effective litigators in complex disputes.
  3. Stradley Ronon Stevens & Young LLP
    5
    Stradley Ronon Stevens & Young LLP
    Bankruptcy/Restructuring
    2024 | Band 5 | 6 Years Ranked
    Stradley Ronon Stevens & Young LLP is highly regarded for its expertise in bankruptcy litigation, restructuring and distressed sales and acquisitions.
  4. Troutman Pepper
    5
    Troutman Pepper
    Bankruptcy/Restructuring
    2024 | Band 5 | 6 Years Ranked
    Troutman Pepper offers a respected team in the Pennsylvania marketplace, handling complex restructurings and distressed sales and acquisitions. It remains a go-to practice for large corporations in the real estate, energy and healthcare sectors. The team represents both creditors and debtors in high-value restructurings.
  5. Ciardi Ciardi & Astin
    Bankruptcy/Restructuring
    2024 | Band 5
  6. Karalis PC
    Bankruptcy/Restructuring
    2024 | Band 5