Ranking tables

Restructuring/Insolvency | Global

Global: Multi-Jurisdictional

The Global-wide Restructuring/Insolvency section of Chambers research is aimed at reflecting expertise in corporate bankruptcy and restructuring and the legal processes related to distressed businesses, which can either be reorganised or go into liquidation.  Firms in this table expertly assist, in a cross-border context, 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, 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. Clifford Chance LLP
    1
    Clifford Chance LLP
    Restructuring/Insolvency
    2024 | Band 1 | 3 Years Ranked

    Clifford Chance has a remarkable team present on market-leading restructuring matters, providing an extensive global reach. The law firm's practices in London, Hong Kong, Singapore and continental Europe provide high-end support. The law firm offers:

           • Experience advising on matters involving Latin America, Australia and Africa.

           • Particular strength on lender-side transactions, with borrower-side capabilities.

           • Solid litigation capabilities in a range of disputes.

           • Additional expertise advising on distressed M&A deals.

  2. Kirkland & Ellis
    Restructuring/Insolvency
    2024 | Band 1
  3. Latham & Watkins LLP
    Restructuring/Insolvency
    2024 | Band 1
2

Band 2

  1. A&O Shearman
    2
    A&O Shearman
    Restructuring/Insolvency
    2024 | Band 2 | 3 Years Ranked

    Allen & Overy is well known for advising lenders on large-scale global restructurings and for its top-notch teams in the UK and Singapore, and well-regarded departments in China and Germany. The law firm offers:

           • Connections with a range of multinational financial institutions.

           • Strong coverage in Africa with an active Johannesburg office, closely cooperating with London.

           • Outstanding expertise in banking and finance.

           • Experience of restructurings in a range of sectors including transportation, energy, finance and manufacturing.

  2. Akin
    2
    Akin
    Restructuring/Insolvency
    2024 | Band 2 | 3 Years Ranked

    Akin Gump Strauss Hauer & Feld is a standout creditor-side practice with highly regarded practices in the USA and UK, as well as an active Hong Kong team. The law firm offers:

           • Experience handling matters originating in Scandinavia, as well as acting for clients across Asia, Latin America and the USA.

           • Strong abilities representing noteholders, bondholders and lenders to advise on major restructurings, debt-for-equity swaps and schemes of arrangement.

           • Experience in the shipping, manufacturing and financial sectors, as well as the energy and natural resources sector.

  3. Linklaters
    2
    Linklaters
    Restructuring/Insolvency
    2024 | Band 2 | 3 Years Ranked

    The global restructuring team of Linklaters demonstrates top European coverage combined with a highly-regarded team in China. The law firm offers:

           • Advisory for lenders, creditors and debtors, as well as administrators.

           • Experience advising on prominent restructurings with a European angle, alongside matters across Asia and Africa.

           • Expertise working with a range of multinational companies, investment funds and banks.

           • Support on insolvency litigation, English schemes of arrangement and distressed M&A.

  4. Milbank LLP
    2
    Milbank LLP
    Restructuring/Insolvency
    2024 | Band 2 | 3 Years Ranked

    Milbank has an expanding global practice with significant presence in North America, South-East Asia and the UK. The law firm offers:

           • Assistance to clients with Chapter 11 proceedings, English schemes of arrangement and debt-for-equity swaps.

           • Expertise representing creditors and noteholders and a growing practice acting on company-side mandates.

           • Experience advising on high-profile restructurings in the oil and gas, telecoms and real estate sectors.

  5. Weil, Gotshal & Manges LLP
    2
    Weil, Gotshal & Manges LLP
    Restructuring/Insolvency
    2024 | Band 2 | 3 Years Ranked

    Weil, Gotshal & Manges combines the strength of heavyweight teams in the USA and Europe. The law firm offers:

           • Highly regarded debtor-side expertise, with further experience acting on the creditor side.

           • A reputation for advising on some of the largest bankruptcy filings in the USA, including Chapter 11 and Chapter 15 cases, as well as pre-packaged proceedings.

           • Capabilities assisting clients from a range of sectors including energy, retail and pharmaceuticals.

  6. White & Case LLP
    2
    White & Case LLP
    Restructuring/Insolvency
    2024 | Band 2 | 3 Years Ranked

    White & Case has extensive coverage across the globe with a strong UK and European platform, as well as notable offices in the USA and Singapore. The law firm offers:

           • Experience acting for lenders, as well as representation of cases for noteholders and debtors.

           • Aptitude in cross-border financial restructurings, Chapter 11 filings and insolvency litigation.

           • Assistance to clients from a range of industries including transportation and telecommunications.

           • Expertise advising on matters relating to Africa, Latin America and the CIS region.

3

Band 3

  1. Freshfields
    3
    Freshfields
    Restructuring/Insolvency
    2024 | Band 3 | 3 Years Ranked

    Clients benefit from Freshfields Bruckhaus Deringer's notable pan-European practice, coverage and coordination capabilities on matters spanning Asia and the Middle East, as well as a developing US team. The law firm offers:

           • Familiarity acting for blue-chip European multinationals, hedge funds and banks on high-yield bond restructurings.

           • Experience in English schemes of arrangement.

           • Debtor-side expertise, acting for international corporates across a range of industries.

  2. Hogan Lovells
    3
    Hogan Lovells
    Restructuring/Insolvency
    2024 | Band 3 | 3 Years Ranked

    Hogan Lovells offers considerable spread across the globe, with particularly strong departments in London, Paris, Hong Kong and Singapore, alongside a US offering. The law firm offers:

           • Experience of a variety of restructuring mandates in Latin America, Australia and Africa.

           • An active creditor practice, including advising bond and note holders, and assisting clients with insolvency and Chapter 11 proceedings.

           • Strong expertise especially in the oil and gas, natural resources, life sciences and infrastructure industries.

4

Band 4

  1. 4
    Dentons
    Restructuring/Insolvency
    2024 | Band 4 | 3 Years Ranked

    Dentons is a law firm with an impressive international footprint, present in numerous key financial centres as well as emerging markets globally. The law firm offers:

           • A truly global platform with well-regarded restructuring groups in the UK, Australia, Italy, Germany, the CEE region and Russia.

           • Aptitude acting for financial institutions, corporates and asset managers.

           • Strong experience advising clients in the energy, mining, retail and infrastructure sectors.

           • Full-service capabilities in areas relevant to restructuring transactions and insolvency litigation.

  2. DLA Piper LLP
    4
    DLA Piper LLP
    Restructuring/Insolvency
    2024 | Band 4 | 3 Years Ranked

    DLA Piper is present in multiple jurisdictions across Asia, Europe and the USA, with a particularly well-regarded team in China and a notable presence in Singapore and Australia. The law firm offers:

           • Experience acting for debtors and creditors, as well as liquidators and administrators on distressed M&A transactions.

           • Expertise advising on Chapter 11 and 15 cases, and in court proceedings.

           • Considerable knowledge across the construction and infrastructure sectors.

  3. Gibson, Dunn & Crutcher LLP
    4
    Gibson, Dunn & Crutcher LLP
    Restructuring/Insolvency
    2024 | Band 4 | 3 Years Ranked

    Gibson, Dunn & Crutcher is a well-regarded global law firm with strong coverage across Europe and Asia in addition to its US base. The law firm offers:

           • Specialist, market-leading teams in Singapore and France, as well as a growing practice in New York.

           • Experience representing debtors in high-value cross-border restructuring matters.

           • Solid capabilities across a range of transactional areas including distressed M&A, capital increases and debt restructuring.

  4. Norton Rose Fulbright
    4
    Norton Rose Fulbright
    Restructuring/Insolvency
    2024 | Band 4 | 3 Years Ranked

    Norton Rose Fulbright is an international law firm with extensive global reach and notable experience on significant cross-border restructuring matters. The law firm offers:

           • A strong reputation for contentious and non-contentious cases across Asia, with a substantial platform in South-East Asia and Australia.

           • Strong teams in Canada and the UK as well as active practices across continental Europe.

           • Expertise representing banks in cross-border restructurings, as well as assisting administrators and multinational corporates.

           • Knowledge of a wide range of sectors, including oil and gas, retail and transportation.

5

Band 5

  1. Baker McKenzie
    5
    Baker McKenzie
    Restructuring/Insolvency
    2024 | Band 5 | 2 Years Ranked

    Baker McKenzie operates on a global basis out of offices in the Americas, Asia-Pacific and EMEA, with a well-established presence in China, Japan and the UK. The law firm offers:

  2. Jones Day
    5
    Jones Day
    Restructuring/Insolvency
    2024 | Band 5 | 3 Years Ranked

    Jones Day has a global offering comprising a leading US team, supported by its recognised UK and Australia practices. The law firm offers:

           • Advice to creditors, debtors, insolvency administrators and trustees, as well as representing bondholders.

           • Wide-ranging expertise spanning distressed portfolio transactions, pre-packaged insolvency proceedings and in-court restructurings.

           • A strong track record assisting clients on mandates within the retail sector.

  3. Mayer Brown LLP
    5
    Mayer Brown LLP
    Restructuring/Insolvency
    2024 | Band 5 | 1 Years Ranked

    Mayer Brown has an extensive reach across continents including the Americas, Europe, Asia and the Middle East. The law firm offers:

  4. Paul Hastings LLP
    5
    Paul Hastings LLP
    Restructuring/Insolvency
    2024 | Band 5 | 1 Years Ranked

    Paul Hastings provides highly-coordinated advice through its UK and US offices on a range of bankruptcy and insolvency matters. The law firm offers:

  5. Sidley Austin LLP
    5
    Sidley Austin LLP
    Restructuring/Insolvency
    2024 | Band 5 | 3 Years Ranked

    Sidley Austin has an especially strong base in the USA and London, complemented by a developing German platform and a presence in China. The law firm offers:

           • A distinguished creditor-side practice, including acting for banks and noteholders in contentious insolvency proceedings and Chapter 11 cases.

           • Expertise advising large and mid-sized debtor companies on all aspects of restructuring.

           • Experience acting on a number of prominent transatlantic mandates.

  6. Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
    5
    Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
    Restructuring/Insolvency
    2024 | Band 5 | 3 Years Ranked

    Skadden Arps has a particularly strong presence in the USA with distinguished expertise representing clients from overseas, and a proficient restructuring group in London. The law firm offers:

           • Significant expertise in Chapter 11 proceedings.

           • Experience of debt-to-equity exchange offers, pre-packaged bankruptcies and the sale and purchase of distressed assets.

           • Capability representing indebted companies and administrative agents in high-end restructuring mandates.

  7. Sullivan & Cromwell LLP
    5
    Sullivan & Cromwell LLP
    Restructuring/Insolvency
    2024 | Band 5 | 1 Years Ranked

    Sullivan & Cromwell is noted for its capabilities in complex restructuring and insolvency matters, with strong teams in the USA and the UK. The law firm offers:

  8. Willkie Farr & Gallagher LLP
    5
    Willkie Farr & Gallagher LLP
    Restructuring/Insolvency
    2024 | Band 5 | 3 Years Ranked

    Willkie Farr & Gallagher is a strong international law firm with high-end transactional capabilities in its New York headquarters as well as highly regarded European teams. The law firm offers:

           • A New York restructuring group well positioned to advise on some of the most significant cross-border work involving the US market.

           • Expertise assisting clients with Chapter 11 proceedings, as well as advising on both debtor and creditor-side work.

           • An excellent position in the French restructuring market, as well as a growing team in London.

           • Experience representing private equity and hedge funds, and asset managers, on international matters.

  9. Ashurst
    Restructuring/Insolvency
    2024 | Band 5