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Ranking tables

USA Texas Bankruptcy/Restructuring

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. Haynes and Boone, LLP
    1
    Haynes and Boone, LLP
    Bankruptcy/Restructuring
    2022 | Band 1 | 18 Years Ranked
    Renowned for its work on complex bankruptcy and restructuring cases. Regularly advises on workouts and Chapter 11 matters. Able to offer tailored advice to local organizations, with particular expertise in matters relating to distressed oil and gas clients. Advises a wide range of parties, including debtors, creditors and buyers of distressed companies' assets and business operations. Client base includes manufacturers and retail companies.
  2. Norton Rose Fulbright
    1
    Norton Rose Fulbright
    Bankruptcy/Restructuring
    2022 | Band 1 | 18 Years Ranked
    Excellent bankruptcy and restructuring team that provides clients with high-quality counsel on a broad range of matters, including committee representations as well as valuation and solvency proceedings. Regularly works on contentious and noncontentious international restructurings as well as domestic Chapter 11 cases. Cross-border reorganization capabilities are enhanced by its groups in Europe, Canada and Australia. Acts for a range of clients, including international financial institutions and government-owned utility companies.
  3. Vinson & Elkins LLP
    1
    Vinson & Elkins LLP
    Bankruptcy/Restructuring
    2022 | Band 1 | 17 Years Ranked
    Preeminent bankruptcy practice with a strong bench of specialist practitioners. Focuses on representing large multinational companies in the energy space. Regularly advises clients on Chapter 11 cases and out-of-court restructurings. Experienced in debtor engagements, secured lender work and the representation of strategic buyers of distressed assets. Also known for representation of creditor interests, including single lenders and administrative agents.
2
Band 2
  1. Akin Gump Strauss Hauer & Feld LLP
    2
    Akin Gump Strauss Hauer & Feld LLP
    Bankruptcy/Restructuring
    2022 | Band 2 | 17 Years Ranked
    Highly regarded for advising creditors and debtors on a wide range of bankruptcy and restructuring matters, including litigation and distressed asset acquisitions. Frequently engaged on complex workouts and insolvencies in the energy sector. Sector expertise also covers healthcare, real estate and retail. Noted for its particular competence assisting bondholders, with additional experience representing creditors, debtors, liquidators and trustees.
  2. Jones Day
    2
    Jones Day
    Bankruptcy/Restructuring
    2022 | Band 2 | 15 Years Ranked
    High-profile practice that works on complex restructurings and bankruptcy filings on behalf of blue-chip clients. Advises debtors, lenders and committees. Experienced in mass tort restructurings and resolving derivatives-related issues. Known for its strength handling cross-border matters, as well as union, pension and retiree legacy issues. Expertise spans restructuring work concerning asbestos-related matters.
  3. Porter Hedges LLP
    2
    Porter Hedges LLP
    Bankruptcy/Restructuring
    2022 | Band 2 | 17 Years Ranked
    Strong capability in the energy and healthcare sectors. Excels at contentious and noncontentious reorganizations, as well as matters arising from the oil and gas industries. Also advises clients on Chapter 7 and Chapter 11 cases. Represents debtors, creditors, institutional lenders and investors, among others.
  4. Weil, Gotshal & Manges LLP
    2
    Weil, Gotshal & Manges LLP
    Bankruptcy/Restructuring
    2022 | Band 2 | 17 Years Ranked
    Debtor-focused restructuring and insolvency team. Regularly engaged on bankruptcies and reorganizations, and able to handle mandates with a cross-border element. Sector expertise covers energy, insurance and transportation.
3
Band 3
  1. Baker Botts L.L.P.
    3
    Baker Botts L.L.P.
    Bankruptcy/Restructuring
    2022 | Band 3 | 17 Years Ranked
    Maintains an active practice advising clients on reorganization cases and liquidations, with strength in related litigation. Also has expertise in out-of-court workouts. Recognized for its work in the oil and gas sector, with experience representing creditors, committees and asset acquirers. Expertise covers distressed asset acquisitions and dispositions.
  2. Bracewell LLP
    3
    Bracewell LLP
    Bankruptcy/Restructuring
    2022 | Band 3 | 17 Years Ranked
    Notable strength in oil and gas bankruptcies involving local and national clients. Adept at handling workouts and Chapter 11 cases. Frequently engaged by institutional investors and commercial lenders, particularly in relation to work in the energy and shipping industries. Houses a respected bankruptcy litigation practice, acting for both creditors and debtors. Experienced in handling international restructurings.
  3. Holland & Knight LLP
    3
    Holland & Knight LLP
    Bankruptcy/Restructuring
    2022 | Band 3 | 21 Years Ranked
    Capable bankruptcy practice with an established reputation for its frequent engagement on oil and gas reorganizations, especially upstream and midstream. Experience ranges from midsized regional bankruptcies to large-scale creditor representations. Areas of expertise include distressed asset transactions and lease disputes. Particularly active representing trustees and bondholders, as well as secured creditors, equity owners and company operators.
  4. Hunton Andrews Kurth LLP
    3
    Hunton Andrews Kurth LLP
    Bankruptcy/Restructuring
    2022 | Band 3 | 18 Years Ranked
    Advises creditors and debtors on reorganizations, both in and out of court. Provides corporate clients and independent board committees with risk guidance and is noted for its work in the energy sector, as well as for its experience in matters relating to the shipping industry and the retail industry. Client base includes bondholders and secured lenders, as well as strategic buyers.
  5. Jackson Walker LLP
    3
    Jackson Walker LLP
    Bankruptcy/Restructuring
    2022 | Band 3 | 11 Years Ranked
    Represents a diverse client base across sectors including energy, real estate and healthcare. Frequently engaged on reorganizations, Chapter 11 cases and bankruptcy litigation. Caseload ranges from complex corporate cases to liquidation proceedings for small businesses and individuals. Acts on behalf of creditors, debtors and asset purchasers, among others.
  6. Forshey Prostok LLP
    Bankruptcy/Restructuring
    2022 | Band 3
  7. Reed Smith LLP
    Bankruptcy/Restructuring
    2022 | Band 3
4
Band 4
  1. Kane Russell Coleman Logan PC
    4
    Kane Russell Coleman Logan PC
    Bankruptcy/Restructuring
    2022 | Band 4 | 13 Years Ranked
    Strong creditors' committee practice active across the USA. Also notable for advising debtors, trustees and asset purchasers. Particular strength in pre-bankruptcy and out-of-court workouts. Experienced in defending fraudulent conveyance actions. Active in sectors such as healthcare, energy, real estate and retail.
  2. Munsch Hardt Kopf & Harr, PC
    4
    Munsch Hardt Kopf & Harr, PC
    Bankruptcy/Restructuring
    2022 | Band 4 | 17 Years Ranked
    Well-regarded locally and nationally for undertaking a wide variety of restructuring and bankruptcy matters. Expertise covers issues such as Chapter 11 cases and asset sales. Experienced in a number of sectors including energy, financial services and healthcare. Particular strength in cross-border insolvency. Advises clients such as creditors, debtors, committees, trustees and investors.
  3. Winstead PC
    4
    Winstead PC
    Bankruptcy/Restructuring
    2022 | Band 4 | 7 Years Ranked
    Supports clients on a range of bankruptcy matters including Chapter 11 proceedings and out-of-court workouts. Works with commercial banks, asset-based lenders and lender syndicates, among others.
  4. Dykema Gossett PLLC
    Bankruptcy/Restructuring
    2022 | Band 4
  5. Foley & Lardner LLP
    Bankruptcy/Restructuring
    2022 | Band 4
5
Band 5
  1. Akerman LLP
    5
    Akerman LLP
    Bankruptcy/Restructuring
    2022 | Band 5 | 7 Years Ranked
    Notable practice that covers the full range of bankruptcy and restructuring matters, with particular expertise in litigation. Focused on work for creditors, with the ability to advise debtors. Client base also includes bondholders and trustees. Also well versed in commercial mortgage foreclosures, workouts and receiverships, as well as international insolvency transactions. Often works with clients active in the airline, manufacturing and energy sectors.
  2. Holland & Knight LLP
    5
    Holland & Knight LLP
    Bankruptcy/Restructuring
    2022 | Band 5 | 21 Years Ranked
    Capable bankruptcy practice with an established reputation for its frequent engagement on oil and gas reorganizations, especially upstream and midstream. Experience ranges from midsized regional bankruptcies to large-scale creditor representations. Areas of expertise include distressed asset transactions and lease disputes. Particularly active representing trustees and bondholders, as well as secured creditors, equity owners and company operators.
  3. Shearman & Sterling LLP
    5
    Shearman & Sterling LLP
    Bankruptcy/Restructuring
    2022 | Band 5 | 1 Years Ranked
    Shearman & Sterling is noted for its expertise in restructuring matters, both in and out of court. The firm regularly represents clients in the energy sector.
  4. Gray Reed
    Bankruptcy/Restructuring
    2022 | Band 5
  5. Okin & Adams LLP
    Bankruptcy/Restructuring
    2022 | Band 5