Ranking tables

Bankruptcy/Restructuring | USA

Texas

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

Band 1

Band 2

Band 3

Band 4

Band 5

Senior Statespeople

Eminent Practitioners

Robin Russell Hunton Andrews Kurth LLP15 Years Ranked
Robin PhelanRobin Phelan Law

Band 1

Band 2

Band 3

Band 4

Band 5

Up and Coming

All Departments profiles

Band 1

1
Haynes and Boone, LLP
Bankruptcy/Restructuring
2024 | Band 1 | 20 Years Ranked
Haynes and Boone is 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.
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1
Norton Rose Fulbright
Bankruptcy/Restructuring
2024 | Band 1 | 20 Years Ranked
Norton Rose Fulbright has an 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.
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1
Vinson & Elkins LLP
Bankruptcy/Restructuring
2024 | Band 1 | 19 Years Ranked
Vinson & Elkins LLP is home to a 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.
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Band 2

2
Akin
Bankruptcy/Restructuring
2024 | Band 2 | 19 Years Ranked
Akin is 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 in assisting bondholders, with additional experience in representing creditors, debtors, liquidators and trustees.
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2
Jones Day
Bankruptcy/Restructuring
2024 | Band 2 | 17 Years Ranked
Jones Day has a 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 in handling cross-border matters, as well as union, pension and retiree legacy issues. Expertise spans restructuring work concerning asbestos-related matters.
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2
Porter Hedges LLP
Bankruptcy/Restructuring
2024 | Band 2 | 19 Years Ranked
Porter Hedges LLP possesses strong capabilities 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.
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2
Weil, Gotshal & Manges LLP
Bankruptcy/Restructuring
2024 | Band 2 | 19 Years Ranked
Weil, Gotshal & Manges LLP offers a debtor-focused restructuring and insolvency team. Regularly engaged on bankruptcies and reorganizations, and able to handle mandates with a cross-border element.
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Band 3

3
Bracewell LLP
Bankruptcy/Restructuring
2024 | Band 3 | 19 Years Ranked
Bracewell LLP possesses 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.
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3
Forshey Prostok LLP
Bankruptcy/Restructuring
2024 | Band 3 | 17 Years Ranked
Forshey Prostok LLP is a boutique firm delivering comprehensive bankruptcy and restructuring advice, with a strong presence in Fort Worth. Advises a wide range of clients on business disputes, including professional malpractice, shareholder disputes and fraud. Substantial experience in representing Chapter 11 debtors in the energy sector. Highlighted for its strength in advising debtors.
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3
Hunton Andrews Kurth LLP
Bankruptcy/Restructuring
2024 | Band 3 | 20 Years Ranked
Hunton Andrews Kurth LLP advises creditors and debtors on reorganizations, both in and out of court. The team 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 retail and banking industries.
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3
Jackson Walker LLP
Bankruptcy/Restructuring
2024 | Band 3 | 13 Years Ranked
Jackson Walker LLP 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.
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3
Munsch Hardt Kopf & Harr, PC
Bankruptcy/Restructuring
2024 | Band 3 | 19 Years Ranked
Munsch Hardt Kopf & Harr, PC is 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.
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3
Reed Smith LLP
Bankruptcy/Restructuring
2024 | Band 3 | 4 Years Ranked
Reed Smith LLP boasts a significant bench of specialist bankruptcy practitioners with experience in Chapter 7 and Chapter 11 cases. Frequently acts on behalf of clients in the energy and retail industries. Noted in particular for its impressive representation of creditors and investors.
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Band 4

4
Baker Botts L.L.P.
Bankruptcy/Restructuring
2024 | Band 4 | 19 Years Ranked
Baker Botts maintains an active practice advising clients on reorganization cases and liquidations, with strength in related litigation. The team also has expertise in out-of-court workouts. Recognized for its work in the oil and gas sector, Baker Botts has notable experience in representing creditors, committees and asset acquirers. The expertise of the firm covers distressed asset acquisitions and dispositions.
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4
Foley & Lardner LLP
Bankruptcy/Restructuring
2024 | Band 4 | 19 Years Ranked
Foley & Lardner LLP is recognized for its expertise in the bankruptcy and restructuring field. Advises clients in the energy, healthcare and retail sectors on workouts, reorganizations and public debt restructuring. Additional expertise in distressed asset sale and contested Chapter 11 proceedings.
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4
Gray Reed
Bankruptcy/Restructuring
2024 | Band 4 | 4 Years Ranked
Gray Reed is a noteworthy Texas firm with significant experience in the full range of bankruptcy matters. Acts for a varied client base, including trustees, creditors and debtors.
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4
Holland & Knight LLP
Bankruptcy/Restructuring
2024 | Band 4 | 23 Years Ranked
Holland & Knight LLP has a capable bankruptcy practice with an established reputation for its frequent engagement on oil and gas reorganizations, especially upstream and midstream. Experience ranges from mid-sized 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.
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4
Kane Russell Coleman Logan PC
Bankruptcy/Restructuring
2024 | Band 4 | 15 Years Ranked
Kane Russell Coleman Logan PC offers a strong creditors' committee practice that is 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.
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4
Winstead PC
Bankruptcy/Restructuring
2024 | Band 4 | 9 Years Ranked
Winstead PC supports clients in 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.
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Dykema Gossett PLLC
Bankruptcy/Restructuring
2024 | Band 4
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Band 5

5
A&O Shearman
Bankruptcy/Restructuring
2024 | Band 5 | 3 Years Ranked
A&O Shearman is noted for its expertise in restructuring matters, both in and out of court. The firm regularly represents clients in the energy sector. On 1 May 2024, Allen & Overy and Shearman & Sterling merged to form A&O Shearman.
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5
Akerman LLP
Bankruptcy/Restructuring
2024 | Band 5 | 9 Years Ranked
Akerman LLP offers a 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.
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5
McDermott Will & Emery LLP
Bankruptcy/Restructuring
2024 | Band 5 | 1 Years Ranked
"McDermott is a well-qualified law firm full of talented restructuring lawyers. The team has the capacity and skill to handle company-side, committee and lender matters, and their attorneys are accessible and take a collaborative approach."
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5
O'Melveny & Myers LLP
Bankruptcy/Restructuring
2024 | Band 5 | 1 Years Ranked
"The team complete projects and transactions in an efficient and timely manner, and added additional expertise to transactions seamlessly."
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5
Okin Adams Bartlett Curry LLP
Bankruptcy/Restructuring
2024 | Band 5 | 7 Years Ranked
Okin Adams Bartlett Curry is a capable team with notable expertise in bankruptcy litigation, Chapter 11 proceedings and workouts. The firm represents a diverse range of clients from industries including energy, shipping and retail.
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