Eric A. Tirschwell, Paul H. Schoeman Named Burton Award Winners
Stephen D. Zide Named One of Turnarounds & Workouts’ 2015 Outstanding Young Restructuring Lawyers
In distressed situations, it is crucial that counsel be experienced, creative and pragmatic. It is imperative that counsel have the ability to structure and negotiate transactions as well as the litigation expertise necessary to protect client rights. Our 45-attorney Corporate Restructuring and Bankruptcy Department has the resources necessary to tackle complex problems and we take pride in our ability to yield tangible results. Institutions, committees, corporations and individuals look to us to find practical solutions where others cannot. We have been actively involved in most of the major bankruptcy cases over the last 20 years and our breadth of industry expertise is second to none. We are knowledgeable in the telecommunications, real estate, health care, manufacturing, retail, mortgage finance, consumer products, supermarket, food service, financial services, construction, transportation, utilities, media and entertainment sectors, among others. Working closely with the firm’s other departments, our diverse practice area includes representation of creditors’ committees, equity committees, debtors, banks, bondholders, trade creditors, landlords, investors, debtor-in-possession lenders and acquirers as well as investors in the purchase and sale of securities and assets of troubled companies. Among other areas, we have particular expertise giving advice in connection with complex bankruptcy litigation and investigations, distressed investments, mergers and acquisitions, and mass tort and class action bankruptcies. We also have an active subgroup of attorneys focused on distressed and special situations lending, and another devoted to claims trading in distressed enterprises
The department’s recognitions and news include:
These awards reflect the depth of our restructuring practice and our ability to deliver successful outcomes. They also demonstrate our role as an industry leader, regularly involved in the nation’s largest cases, including American Airlines, Hostess Brands, General Motors, Chrysler, Capmark Financial, Enron, WorldCom, Calpine, Adelphia, General Maritime, Bally Total Fitness, Dana Corporation, Dura Automotive, Cooper-Standard, Sea Containers, Northwest Airlines, United Airlines, Owens Corning, Dow Corning, ASARCO and W.R. Grace bankruptcies, to name a few.Members of our team regularly publish, teach and lecture widely on bankruptcy-related topics, including issues related to DIP financing, asset sales, mass tort bankruptcy, acquisition of troubled companies, creditor and shareholder rights, distressed investing and developments in claims trading. Many of our attorneys have clerked for prominent federal and bankruptcy judges. We continue to draw on the qualities that have fueled the success of the firm and our clients: a commitment to excellence and a dynamic spirit.