Delaware - Bankruptcy/Restructuring Lawyers & Law Firms - USA - Chambers and Partners
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USA Guide

Bankruptcy/Restructuring — Delaware


Morris, Nichols, Arsht & Tunnell LLP - Bankruptcy/Restructuring Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for  Standout business reorganization and restructuring team that has significant expertise in both lead and co-counsel roles. Possesses a deep bench of lawyers well versed in handling Chapter 11 cases for numerous stakeholders including debtors, creditors and acquirers. Recognized for its strengths across loan workouts and reorganization proceedings, and in bankruptcy-related disputes.

Strengths  The firm draws praise for its "complete mastery of the Delaware bankruptcy scene," and clients add that "the firm does excellent work, gives good advice and has a team of very strong lawyers."

Clients say: "The lawyers are zealous advocates. They can be counted on to get things done and are very capable of handling complex matters."

Work highlights  Represented Eureka Hunter in the Chapter 11 restructuring of its joint venture partner, Magnum Hunter Resources, which involved defending against attempted rejection of its pipeline agreements.

Assisted oil drilling services company Hercules Offshore in confirming a Chapter 11 restructuring plan despite the objections of an official committee of shareholders.

Notable practitioners

Derek Abbott's sophisticated practice involves the representation of creditors and debtors in bankruptcy proceedings and related litigation. Market sources describe him as "stellar," adding that he's "very skilled, careful, charismatic and an excellent choice to run a complicated Chapter 11 case."

"Standout attorney" Robert Dehney represents both debtors and creditors in Chapter 11 bankruptcy proceedings and out-of-court restructuring. Clients highlight his "exceptional experience and unmatched energy in representing his clients' interests," and one source says: "He is very helpful in coming up with creative solutions to vexing legal problems."

Gregory Werkheiser has extensive experience handling complex bankruptcy cases and out-of-court Chapter 11 restructurings. Commentators describe him as an "extremely proficient technical lawyer," and "an extremely analytical and deep thinker, who makes sure all the bases are covered."

Eric Schwartz is "a very strong lawyer, with great strategic sense," according to market commentators. He advises distressed companies on restructuring, and also has experience handling insolvency litigation on behalf of debtors and creditors.

About the Team (content provided by Morris, Nichols, Arsht & Tunnell LLP)

The Morris Nichols Business Reorganization & Restructuring Group regularly serves as lead or co-counsel for publicly-traded and privately-held debtors in possession, official creditors’ committees, bondholders’ committees, secured and unsecured creditors, pre- and post-petition lenders, equity holders, purchasers of assets and variety of other parties-in-interest.  These representations require skillful negotiating and masterful knowledge of the specific practices and procedures regarding insolvencies and of the Delaware Bankruptcy Court and District Court as well as the U.S. Court of Appeals for the Third Circuit. 

Since 1990, Delaware has been the venue for nearly half of the nation's largest bankruptcy cases.  Morris Nichols has represented debtors, committees and other key parties in many of these sophisticated proceedings.  The team also collaborates with the Firm’s other practice groups, particularly colleagues practicing business and corporate litigation, real estate and corporate and commercial counseling to provide clients with the exceptional knowledge and experience needed for complex restructuring and workouts.  Having handled some of the nation’s largest bankruptcy cases, Morris Nichols has the resources and experience to assist troubled businesses and other major parties in large, complex proceedings.

Learn more at http://www.mnat.com/practices/businesss-reorganization-restructuring.

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Pachulski Stang Ziehl & Jones LLP - Bankruptcy/Restructuring Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Robust business reorganization and workout practice that enjoys a fine reputation for its work in the retail and energy sectors. Recommended for both lead and co-counsel work in significant and high-value Chapter 11 cases, and possesses strong experience acting for debtors and creditors' committees. Enjoys a fine track record in litigation, regularly acting on behalf of unsecured creditors in high-stakes disputes. Notable expertise in debtor-in-possession financing.

Strengths One client describes the team as "very impressive and extremely knowledgeable," and notes that "they really do care about the end result and make time for everyone."

Another source highlight "the quality of work, the work ethic and standards," and adds: "They are are very, very bright lawyers, and their work product stands above all the other firms I have worked with in bankruptcy."

Work highlights Served as lead debtor's counsel in the Chapter 11 bankruptcy of clothing retailer True Religion.

Represented the committee of unsecured tort claimant creditors in the high-profile Chapter 11 bankruptcy proceedings of TK Holdings, the domestic subsidiary of Japanese automotive parts manufacturer Takata.

Notable practitioners

Laura Davis Jones is regarded as an "exceptionally talented attorney" and "a go-to lawyer for Delaware bankruptcy cases." She has a strong track record of handling highly complex Chapter 11 cases. Sources highlight her market knowledge, explaining that she is "very well connected to the Delaware Bar and bankruptcy judges, and is able to anticipate what courts expect or need in trying to get a deal over the finish line."

Bradford Sandler is particularly skilled in the representation of creditors' committees. He is experienced in Chapter 11 cases and out-of-court restructurings. Sources say: "He is good in court, very commercial and creative. He's an effective and zealous advocate for his client."

About the Team (content provided by Pachulski Stang Ziehl & Jones LLP)

Department profile not yet provided by Pachulski Stang Ziehl & Jones LLP. Please see their firm profile.

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Richards, Layton & Finger PA - Bankruptcy/Restructuring Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Market-leading practice with expertise in complex bankruptcy and restructuring matters. A go-to firm for high-value cases that file in Delaware, with a deep bench of strong attorneys well versed in handling significant Chapter 11 cases. Renowned especially for its representation of debtors and also acts on behalf of acquirers and all types of creditors. Also equipped to handle preference actions and fraudulent conveyance claims.

Strengths Sources say it is a "very strong debtor-side team," and explains that it offers "a great understanding of all the issues that confront Chapter 11 debtors, and how to deal with and litigate or resolve them. The team is also very responsive, commercial and professional."

Another sources notes that it is "terrific substantively," adding that "it is great when we want a nuanced look and analysis."

Work highlights Represented Tidewater as debtors' counsel in its Chapter 11 bankruptcy proceedings, successfully obtaining confirmation of its prepackaged plan which involved the restructuring of over $2 billion in funded debt obligations.

Acted as co-counsel to subsidiaries of automotive part manufacturer Takata in connection with its Chapter 11 proceedings.

Notable practitioners

Mark Collins is considered by market sources to be "among the best lawyers in the state." His impressive bankruptcy practice includes a notable emphasis on the representation of debtors in Chapter 11 cases and out-of-court restructurings. He receives praise for his "great judgment," and interviewees add that "he is a master at knowing when to push an issue and when to push back."

Daniel DeFranceschi is "a phenomenal lawyer, who is very well plugged into the Delaware market," according to commentators. He has a wealth of experience representing distressed companies in restructurings as well as Chapter 11 and Chapter 7 cases. Sources say: "He's incredibly insightful, very thorough, and is well respected by the judges."

John Henry Knight is described by one source as "a real pragmatist who gets to the point of the matter." He is vice chair of the firm's bankruptcy and corporate restructuring department and regularly handles Chapter 11 cases and corporate restructuring, typically on behalf of debtors. Commentators say he is "professional, smart, responsive, and keenly aware of the issues and problems confronting his clients."

Russell Silberglied is a strong choice to handle highly contentious bankruptcy matters. One source commends him as "a brilliant litigator," and adds: "He is very conscientious, hard-working, detail-oriented and really smart. He unlocks difficult issues and is able to find very creative solutions."

Paul Heath represents debtors and creditors in complex Chapter 11 cases. Interviewees highlight his "top-notch knowledge and expertise" and note that "the judgment he brings to the table is phenomenal."

Robert Stearn is regarded as "tenacious and thoughtful," and is respected for his handling of bankruptcy litigation. His practice covers the full gamut of disputes arising from bankruptcy proceedings, and he acts on behalf of debtors and creditors. One commentator says: "He is very smart, incredibly hard-working, relentless, determined and very very good with evidence and arguments in court."

Michael Merchant is described by one client as "everything a lawyer should be - thoughtful, strategic, supportive, and hard-working." He regularly represents debtors and creditors in all aspects of restructurings and bankruptcy proceedings.

Amanda Steele is a highly regarded associate who receives praise for her "smarts and work ethic." She is well-versed with Chapter 11 proceedings, and is skilled in the representation of both creditors and debtors.

About the Team (content provided by Richards, Layton & Finger PA)

The “top of the market in Delaware” (Chambers USA, 2017), Richards, Layton & Finger’s bankruptcy and restructuring group has been involved in hundreds of major chapter 11 cases filed in our state and has amassed enormous experience before the Delaware Bankruptcy Court. We have one of the region’s largest and most active bankruptcy practices, providing the full spectrum of bankruptcy counsel and representing key parties from nearly every business sector. Our bankruptcy team’s thorough knowledge of bankruptcy law and local bankruptcy procedures is invaluable to both clients and co-counsel: Respected law firms throughout the country rely on our expertise, regularly tapping us to serve as their co-counsel in many of the largest and most complex bankruptcy cases filed in Delaware.

For more information please visit: www.rlf.com/Practices/BankruptcyCorporateRestructuring

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Young Conaway Stargatt & Taylor LLP - Bankruptcy/Restructuring Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Premier practice of highly skilled attorneys, advising an impressive range of clients both locally and nationally across numerous industry sectors. Maintains a fantastic reputation for its work on behalf of debtors, creditors' committees and other stakeholders in Chapter 11 restructurings and out-of-court workouts. Notable for the strength and depth of its bankruptcy team.

Strengths Impressed sources note that the firm "stands out for its exceptional service and understanding of the rules that apply in Delaware," and add that it is "a very strong group from top to bottom."

One client highlights the team as "very smart, very effective in court, and very effective from a deal management perspective."

Work highlights Served as sole counsel to restaurant chain Logan’s Roadhouse in its restructuring, which involved resolving objections from the creditors' committee and exiting Chapter 11 protection under a confirmed plan of reorganization.

Served as co-counsel to the official committee of unsecured creditors of Paragon Offshore in connection with Paragon's Chapter 11 proceedings.

Notable practitioners

James Patton is regarded by one source to be "one of the sharpest minds in bankruptcy nationally." He serves as chairman of the firm and is known for his representation of distressed companies in bankruptcy proceedings and workouts. He is also experienced with the representation of creditors' and equity committees. Sources say he has "an enormous repository of experience and knowledge," and he is also described as "brilliant strategically."

The "deeply knowledgeable" Robert Brady represents clients in all aspects of business restructuring and is experienced with Chapter 11 cases. Peers say: "He is incredibly smart, knows how to get a deal done and is very easy to work with."

Pauline Morgan is held in high regard for her representation of debtors, creditors' committees and secured lenders in Chapter 11 bankruptcy proceedings. Interviewees say: "She is an excellent technical lawyer, her judgment is superb and she has enormous credibility with judges."

The "super smart" Michael Nestor is held in high regard for his handling of retail bankruptcies, and has a wealth of experience navigating Chapter 11 cases on behalf of debtors. Sources say: "He has an incredible business sense and is a deal-maker."

Blake Cleary is known to be a "very capable and quick-thinking practitioner," according to commentators. He is skilled at guiding distressed companies through corporate restructurings and Chapter 11 cases, and also offers expertise in creditor-side representation. Commentators say: "He can offer practical insight on any given situation."

Edmon Morton regularly represents debtors in Chapter 11 bankruptcy proceedings. He receives praise for his "great responsiveness, creativity and good judgment on litigation matters." Sources say: "He is extremely likable, very personable and gets along with everyone, all of which really help him negotiate a good deal in a tough situation."

Sean Beach acts for lenders, creditors' committees and other stakeholders in Chapter 11 cases and out-of-court restructurings. One source says: "I find him to be pragmatic, constructive, smart and very knowledgeable. He knows the local practice and keeps us out of trouble in the area. He is very constructive, thoughtful and patient."

Ryan Bartley specializes in corporate restructuring and bankruptcy cases. He has experience representing debtors as well as lenders. Sources say: "He is a great problem solver" and further describe him as "a practical and levelheaded guy who knows how to solve problems efficiently."

About the Team (content provided by Young Conaway Stargatt & Taylor LLP)

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Cole Schotz P.C. - Bankruptcy/Restructuring Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Strong bankruptcy and corporate restructuring team experienced in all aspects of Chapter 11 proceedings. Excels in issues concerning fraudulent transfer and preference litigation, and acts for a wide range of stakeholders, including debtors, institutional creditors, official committees and equity holders. Clients include companies from the energy, manufacturing, entertainment and retail sectors. Possesses a strong bench experienced with acting as both lead and co-counsel in high-stakes bankruptcy proceedings.

Strengths Interviewees highlights the firm's "deep knowledge of the Delaware courts" and "practical, collegial approach."

One source says: "The firm is incredibly responsive, always available when we need help and very proactive."

Work highlights Acted as lead counsel for NephroGenex in connection with its Chapter 11 case, which involved the restructuring of approximately $6.2 million in unsecured debt.

Served as co-counsel to the official committee of unsecured creditors in the bankruptcy of auto part manufacturer UCI International.

Notable practitioners

Cochair of the firm's bankruptcy and corporate restructuring department, Norman Pernick is regarded as an "exceptional practitioner" and "one of the premier bankruptcy lawyers in Delaware." He has a wealth of experience representing both debtors and creditors in complex bankruptcies and workouts. Sources say: "He is extremely levelheaded, calm and a really good deal-maker," and add that he is "thoughtful about how cases are going to unfold."

David Hurst regularly represents both public and private companies in restructurings and bankruptcy proceedings. He frequently represents clients in the pharmaceutical and life sciences sector. Commentators highlight his "significant proficiency in core Chapter 11 issues," and describe him as "a very capable courtroom attorney."

Kate Stickles is an "exceptionally responsive, careful, and thoughtful" attorney, according to one source. She handles bankruptcy proceedings on behalf of debtors and creditors' committees. Interviewees say: "She's incredibly helpful and is a great problem-solver, especially in time-sensitive situations."

About the Team (content provided by Cole Schotz P.C.)

Cole Schotz’s Bankruptcy & Corporate Restructuring practice is a distinguished and nationally renowned full-service group that is regularly cited in Chambers USA: America’s Leading Lawyers for Business and lauded for a track record that boasts unparalleled effectiveness, success and value.

Complex in and out-of-court corporate restructurings, state and federal insolvency proceedings and high stakes bankruptcy litigation: Cole Schotz delivers innovative strategies and winning solutions for the distress arena expertly and efficiently.

Due to their complex and oftentimes emergent nature, Cole Schotz takes a highly collaborative approach to financial restructuring matters.  We involve our Corporate, Tax, Real Estate, Environmental, and Litigation practices, as needed, to leverage knowledge, skills and business acumen as we work together to meet our clients’ demands and provide effective counsel.


Unlike many other bankruptcy practices, we do not represent major financial institutions. Therefore, we can act directly adverse to those entities - an oftentimes crucial need for our financial restructuring clients.  Further, debtors or creditors’ committees can hire us as co-counsel or conflicts counsel for investigations and litigation as a result of our 100% financial institution-neutral status.



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Landis Rath & Cobb LLP - Bankruptcy/Restructuring Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Highly regarded bankruptcy and litigation boutique firm that remains a major player in the Delaware market. Possesses a strong bench of attorneys who are adept at both lead and co-counsel roles. Acts for a prestigious roster of debtors, creditors and asset purchasers, from a range of sectors including energy, technology and retail.

Strengths Clients consider it to be "an excellent firm that gets to the matters quickly, understands them from a business point of view and offers practical solutions."

Sources describe the team as "very experienced and knowledgeable in dealing with Delaware judges," adding that "they do an excellent job."

Work highlights Served as bankruptcy counsel to Versa Capital Management in connection with the bankruptcy of SynCardia Systems, which involved advising it in respect to its role as the debtor-in-possession lender and acquirer of SynCardia's assets pursuant to Section 363 sale.

Acted on behalf of Supervalu in all aspects of the Chapter 11 bankruptcy of Marsh Supermarkets Holding and its affiliates.

Notable practitioners

Adam Landis has extensive experience in bankruptcy and restructuring matters and related litigation. He acts on behalf of both debtors and creditors. Sources describe him as a "very insightful attorney," and highlight his "ability to drive outcomes and manage difficult situations."

Richard Cobb is well regarded for his handling of bankruptcy litigation. He represents creditors and lenders, and has recently been active in high-profile retail bankruptcies. Clients highlight his "consistent delivery of a superior product."

Kerri Mumford brings a "great mastery of the detail" and "total mastery of the law" to her corporate bankruptcy and restructuring practice. She has extensive experience handling Chapter 11 cases. Sources say: "She is smart, knowledgeable, and high energy."

About the Team (content provided by Landis Rath & Cobb LLP)

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Pepper Hamilton LLP - Bankruptcy/Restructuring Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Excellent practice covering the entire gamut of bankruptcy and restructuring matters. Highly regarded for representing debtors, creditors' committees and purchasers in both lead and local counsel roles. Advises on out-of-court restructurings as well as complex Chapter 11 cases. Represents clients from an array of business sectors, including energy, retail and healthcare companies.

Strengths One source highlight the team's "client service, business acumen and judgment."

Another source says: "They perform excellently and are my go-to firm in Delaware. They are very knowledgeable and know the courts and judges very well."

Work highlights Represents CS Mining as the debtor in a Chapter 11 case, which involved defending against challenges brought by creditor groups.

Acts as lead debtors' counsel in the Chapter 11 bankruptcy of pathology company Bostwick Laboratories.

Notable practitioners

The "uniformly excellent" David Fournier is held in high esteem for his corporate restructuring and bankruptcy work. He represents debtors, secured and unsecured creditors, and committees. He is "a very impressive lawyer," says one source, adding that "his common sense and cool and calm demeanor are excellent in demanding situations."

The highly experienced David Stratton is commended for his "great instincts and encyclopedic knowledge of the law." He serves as managing partner of the firm's Wilmington office and also represents debtors and creditors' committees in bankruptcy cases.

Donald Detweiler is especially adept at acting on behalf of creditors' committees, and also experienced with debtor-side representation. He regularly handles bankruptcies in the healthcare space. He receives praise for his "good instincts and judgment," and is described as "a ferocious advocate for his client."

Henry Jaffe draws praise for his "knowledge of the Bankruptcy Code and preference cases." He handles a broad range of corporate restructuring matters on behalf of debtors, trustees, creditors and other stakeholders.

About the Team (content provided by Pepper Hamilton LLP)

Pepper Hamilton’s Corporate Restructuring and Bankruptcy Group is an integrated network of more than 35 professionals and support personnel who focus exclusively on all aspects of reorganizations, bankruptcies, restructurings, workouts and buyouts. Our team is national in focus, appearing regularly in bankruptcy courts throughout the country. We are experienced in insolvency matters involving a wide range of industries, with particularly notable experience in the food, asbestos, energy, construction, manufacturing, health care and automotive industries.
Our clients include large national and international public and privately held corporations, as well as governmental entities, small businesses and individuals. During times of financial stress, businesses need experienced, effective and efficient legal counseling. This is true on both the debtor and creditor side of restructurings, insolvencies, corporate reorganizations and other challenging events. For decades, businesses throughout the country have turned to Pepper's Corporate Restructuring and Bankruptcy Group for that critical advice and counseling.


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Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates - Bankruptcy/Restructuring Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Distinguished group highlighted for its successful track record advising on Chapter 11 proceedings. Noted for its counsel on prepackaged and prenegotiated plans, as well as out-of-court restructurings. Skilled in the representation of creditors and debtors, as well as other stakeholders, in major bankruptcies.

Strengths Impressed clients note that the firm's "overall skill set is very good indeed," adding that it is "very creative with coming up with solutions to the problems posed and negotiating settlements."

Work highlights Represented Exide Technologies in its Chapter 11 bankruptcy case, which involved over $1 billion in assets and liabilities.

Acted on behalf of Statek Corporation in connection with litigation arising out of the Coudert Brothers LLP's Chapter 11 bankruptcy.

Notable practitioners

Mark Chehi is regarded as a "superb lawyer, who has exceptional perspective and experience in complex restructuring and a very strong base of knowledge in all things Chapter 11." He advises public and private companies in prepackaged bankruptcies, out-of-court restructurings and traditional Chapter 11 cases. Interviewee says: "He works tirelessly and is very creative in developing strategies and solving problems."

Anthony Clark is recognized as a "fantastic bankruptcy litigator." He often represents debtors, creditors, and asset purchasers in high-stakes litigation. He draws praise for his "very profound understanding of restructuring" and "command of the courtroom."

About the Team (content provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates)

The Wilmington office has a substantial work-out and corporate restructuring/bankruptcy practice. This practice group focuses on Chapter 11 and out-of-court restructuring transactions and related litigations in a variety of situations, including “prepackaged” and “prearranged” bankruptcies. We represent and provide strategic advice and litigation assistance to financially troubled public and private companies and their major lenders, creditors, investors and asset acquirers, both within the U.S. and internationally.

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Ashby & Geddes - Bankruptcy/Restructuring Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Esteemed bankruptcy and insolvency practice acting for both debtors and creditors, and noted for its substantial creditors' committee representation and creditors' rights expertise. Excels in Chapter 7 and Chapter 11 proceedings and is highly regarded for its sophisticated counsel on complex reorganization matters. Acts for clients from the retail, energy, technology and financial services sectors, among many others.

Strengths Sources note: "The firm is excellent in managing our relationship and specific engagements. A key strength is the experience and depth of the firm's senior partners."

Clients also describe the firm as "very commercial" and "extremely personable."

Work highlights Represented the ad hoc group of lenders in the highly publicized bankruptcy of clothing manufacturer True Religion.

Counseled Wells Fargo as administrative agent on the prepetition first-lien loan facility and debtor-in-possession loan facility relating to the restructuring of United Road Towing.

Notable practitioners

William Bowden has a wealth of experience handling Chapter 11 cases on behalf of debtors and creditor groups. Interviewees highlight his "experience in bankruptcy law, and familiarity and working relationships with the Delaware bankruptcy Bench." Sources also describe him as "a gentleman - courteous, professional, and a pleasure to work with."

Ricardo Palacio has a broad bankruptcy practice, which involves acting on behalf of debtors, lenders, asset purchasers and trustees. Sources say: "He's a very clear thinker, articulates issues well and has a very good presence in court."

Karen Skomorucha Owens often represents debtors, creditors' committees, trustees and other stakeholders in a variety of restructuring and bankruptcy proceedings. Sources praise her as "outstanding," and explain that she is "smart, responsive, and always on top of things."

About the Team (content provided by Ashby & Geddes)

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Blank Rome LLP - Bankruptcy/Restructuring Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for  Established group acting for both debtors and creditors, and esteemed for its counsel in high-stakes bankruptcy litigation. Well regarded for its expertise in reorganizations and particularly singled out for its finance strengths, frequently acting for secured creditors and debtor-in-possession lenders. Regularly sought after by clients in the maritime and shipping arenas. Also known for its insurance coverage practice, which works closely with the firm's bankruptcy lawyers.

Work highlights  Represented PNC Bank as the agent for a six-member bank group which is owed over $200 million in relation to the bankruptcy of supermarket chain Central Grocers.

Acted on behalf of the creditors' committee in the bankruptcy of Performance Sports Group.

Notable practitioners

Michael DeBaecke represents a varied range of parties in Chapter 11 cases and reorganizations.

Cochair of the firm's national restructuring and bankruptcy group, Regina Stango Kelbon is respected for her representation of secured creditors. She is well versed with handling restructurings and workouts. Sources say she is "an excellent lawyer" and "an effective lender lawyer."

Stanley Tarr represents debtors, creditors' committees and asset purchasers in Chapter 11 proceedings and out-of-court workouts. Sources describe him as "very practical, levelheaded, smart and sharp."

About the Team (content provided by Blank Rome LLP)

A dedicated Delaware-based bankruptcy team works closely with our teams in Philadelphia, New York and Washington, D.C. We represent debtors, creditors’ committees, secured creditors, indenture trustees, asset purchasers, lien claimants, executory contract parties, and others in a broad range of bankruptcy, reorganization, and workout matters, including related litigation.

A number of our bankruptcy attorneys also are trained as finance lawyers — a unique skill set that distinguishes us from competitors. Many of our matters straddle bankruptcy and finance, so our dual training is crucial and enables us to better understand the strategy of our client’s adversary and to advise our client accordingly. Senior finance work is a core component of the restructuring practice, and has been since its inception. In this field, we frequently represent first- and second-lien secured creditors and debtor-in-possession lenders in Chapter 11 cases, with long-standing clients in this area.

The Firm's strong name in the shipping, maritime, and transportation arenas distinguishes us from other bankruptcy practices. We are particularly skilled in handling Chapter 15 cases, through which a bankrupt or insolvent business organization outside the U.S. can obtain access to U.S. courts and ancillary relief from U.S. bankruptcy courts.

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DLA Piper LLP (US) - Bankruptcy/Restructuring Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for  Highly regarded for its work representing debtors, purchasers of assets and contract parties in a variety of bankruptcy and restructuring matters. Particularly noted for its creditor-side representation in cross-border bankruptcy proceedings and regularly called on for counsel in bankruptcy-related matters concerning M&A. Also frequently handles Chapter 15 and Chapter 11 with substantial cross-border elements. Experienced with representing funds in the acquisition and financing of distressed companies.

Strengths  Clients highlight its "very seamless client service" and further describe it as "a great firm."

Interviewees describe the team as "very strong strategic partners," adding that it is "very flexible and helpful."

Work highlights  Represented Vertellus Specialties in connection with its filing of voluntary petitions for relief and Valencia Bidco's stalking horse purchase of all of Vertellus's assets under Section 363.

Successfully acted on behalf of Intervention Energy Holdings in its Chapter 11 bankruptcy proceedings.

Notable practitioners

Stuart Brown is "technically proficient and very good in court," say sources. He is commended for his "extensive experience" in the bankruptcy scene. His practice covers bankruptcy litigation and transactional matters, and he is skilled in the representation of distressed companies, investors and lenders.

Craig Martin is well regarded for his handling of cross-border bankruptcies. He advises creditors and distressed entities in Chapter 11 cases and corporate restructurings. Sources say: "He's a strategic thinker who comes up with options and solutions to each problem presented." One client says: "I was impressed not only by his commerciality but also his knowledge of the situation."

About the Team (content provided by DLA Piper LLP (US))

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Morris James LLP - Bankruptcy/Restructuring Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Respected bankruptcy and creditors' rights group with a strong bench of attorneys. Maintains a fine reputation for its creditor-side work, regularly acting for leading insurance companies on matters including fraudulent transfers and preferences. Additionally noted for its counsel to indenture trustees and debtor-in-possession lenders. Also possesses a fine track record for its work on behalf of Chapter 11 debtors. Experienced with representing acquirers of distressed assets.

Strengths One source says: "The team's strength is local knowledge and expertise in the bankruptcy court in Delaware."

"I would easily hire the firm again," notes one client, adding that "the team was responsive and polite."

Work highlights Acted on behalf of the Delaware Trust Company as successor indenture trustee in the bankruptcy of Nortel Networks, which involved $150 million of unsecured notes.

Represented Allstate Paper Box as lead bankruptcy counsel in connection with a preference action in the Standard Register bankruptcy case.

Notable practitioners

Sources say Brett Fallon is "a very smart lawyer who provides great advice." He has a wealth of experience handling bankruptcy cases on behalf of debtors, creditors and other stakeholders. He also offers expertise in preference and fraudulent transfer.

Carl Kunz is experienced with the representation of a range of parties, including secured and unsecured creditors, purchasers and lenders. Clients say: "He is diligent and thoughtful. He knows the Delaware bankruptcy judges and lawyers well, and provides helpful advice on client strategy options."

Chair of the firm's bankruptcy and creditors' rights group, Stephen Miller is regarded as an "excellent bankruptcy attorney." He is experienced with handling Chapter 11 proceedings, as well as preference and fraudulent transfer actions.

About the Team (content provided by Morris James LLP)



Morris James LLP represents all types of parties having interests in business bankruptcy cases. With our collective experience, legal acumen, and business knowledge, we provide our clients (both national and local) with sound and practical advice regarding sophisticated and complicated bankruptcy and insolvency issues, always mindful of the need to achieve their business objectives.

Who We Serve

We respresent creditors (secured and unsecured), committees (official and ad hoc, creditors and equity), debtors, trustees (indenture, owner and liquidating), purchasers, investors and other parties in interest before the United States Bankruptcy Court for the District of Delaware, the United States District Court for the District of Delaware and the United States Court of Appeals for the Third Circuit, as well as other federal courts. We counsel clients in both reorganization and liquidation cases, as well as in out-of-court workouts and debt restructurings.

Co-counsel Work

In addition to our direct representation of clients, we also have an extensive practice serving as co-counsel with out-of-state lawyers. Our role as co-counsel is substantive. Our experience with the courts located in Delaware, relationships with attorneys practicing in Delaware and substantive knowledge of the law deliver value to our clients. Attorneys and clients who retain Morris James as co-counsel appreciate and value our active role in their matters.

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Reed Smith LLP - Bankruptcy/Restructuring Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Highly respected bankruptcy and restructuring team acting for a distinguished roster of national and international clients, including creditors' committees, insurers, secured lenders and debtors. Comes recommended for its strengths in complex financial restructurings, workouts and bankruptcy cases that involve financially distressed transactions. Offers notable strength in cross-border bankruptcies.

Strengths Sources praise the firm's strategic and hard-working approach, as well as the excellent client service it provides.

Work highlights Represented Caribbean Commercial Investment Bank in its Chapter 11 case, which involved consideration of the extraterritorial effect of the US Bankruptcy Code, among other issues.

Notable practitioners

Managing partner of the firm's Wilmington office Kurt Gwynne is held in high regard for his handling of sophisticated bankruptcy matters. He is proficient in the representation of trustees and creditors' committees as well as debtors.

About the Team (content provided by Reed Smith LLP)

Department profile not yet provided by Reed Smith LLP. Please see their firm profile.

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Saul Ewing Arnstein & Lehr LLP - Bankruptcy/Restructuring Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for  Recognized for its expert counsel to Chapter 11 debtors and committees across all aspects of bankruptcy proceedings and has a fine track record for its work in disputes involving fraudulent conveyance and preferential transfers. Provides notably adept counsel to clients regarding workouts, turnarounds and reorganizations. Also advises companies in restructuring negotiations and assists in the sale of distressed assets.

Strengths  Clients say: "The firm has a very deep bench, with the different practice areas working in a smooth, complementary fashion to address various client issues."

One source praises the team as "excellent," and adds that "all of the attorneys we worked with at the firm are very knowledgeable in Bankruptcy Code."

Work highlights  Represented the official committee of equity security holders of Secured Point Technologies in bankruptcy policies, which involved obtaining authority to pursue claims against the debtor's secured lenders.

Served as lead counsel to the unsecured creditors' committee of Phoenix Brands, which resulted in confirmation of a liquidation plan and the sale of the company's assets for approximately $27.6 million.

Notable practitioners

Sources praise Mark Minuti's ability to "provide extremely practical and actionable counsel in very difficult situations." He handles complex bankruptcy litigation and restructuring matters for a variety of parties, including debtors, creditors' committees and other stakeholders. Commentators describe him as a "very experienced bankruptcy practitioner," adding that "he's very knowledgeable about all aspects of the Bankruptcy Code and is an effective advocate in court."

About the Team (content provided by Saul Ewing Arnstein & Lehr LLP)

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Womble Bond Dickinson US LLP - Bankruptcy/Restructuring Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Well-regarded practice that has a fine reputation for its work representing major stakeholders in Chapter 11 cases. Acts for both debtors and creditors and has extensive experience handling matters on behalf of official committees of unsecured creditors. Maintains particular strengths in issues concerning fraudulent transfers and debtor-in-possession financing. Also handles contested Chapter 11 confirmation proceedings, valuation disputes and other cases heard before the bankruptcy courts. Acts for clients from a wide range of sectors, including retailers, manufacturers and financial institutions.

Strengths One source says: "The firm is clearly client-first, with a tremendous amount of expertise and the right team structure to lead us to a successful conclusion."

The firm draws further praise for being "responsive, solution-oriented, and efficient in their work," from one source, who adds that "I would absolutely use them again or recommend them to others."

Work highlights Represented Development Specialists as the liquidating trustee of Revstone Industries, which included aiding in the review and reconciliation of claims filed against Revstone.

Served as co-counsel to Wells Fargo in a number of Delaware bankruptcy proceedings, including those of oil and gas company Triangle Petroleum and grocery retailer Marsh Supermarkets.

Notable practitioners

Mark Desgrosseilliers is known by sources to be "very confident, skillful, and tenacious." He regularly represents debtor corporations, creditors and trustees in complex bankruptcy and restructuring proceedings.

Matthew Ward receives praise for his "extensive experience with distressed company situations, which clearly provides him with the wisdom and confidence to provide enormous context around complex strategies." He represents both public and private companies as debtors in Chapter 11 proceedings, and is also well versed in the representation of creditors.

About the Team (content provided by Womble Bond Dickinson US LLP)

Womble Bond Dickinson's Bankruptcy, Restructuring, and Creditors’ Rights Practice Group is a deeply experienced team of attorneys who guide clients in all types of bankruptcy, corporate restructuring, insolvency, workout, and related issues. Our lawyers have a long track record of representing all major stakeholders in the Chapter 11 process, including: debtors, official and ad hoc committees, debtor-in-possession lenders, acquirers, secured and unsecured creditors, adversary proceeding and contested matter litigants, directors and officers of troubled companies, shareholders of troubled companies, post-confirmation estate representatives, and other case fiduciaries.

Key Types of Work: Womble Bond Dickinson handles all types of business bankruptcy, insolvency, and related issues in Chapter 7, 11, 12, 13, and 15 cases. Our attorneys also handle complex guaranty, lender liability, and other financial litigation. Substantial “first chair” experience running major chapter 11 debtor engagements.

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Bayard, P.A. - Bankruptcy/Restructuring Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Esteemed bankruptcy and insolvency practice acting for both debtors and creditors, and noted for its substantial creditors' committee and creditors' rights expertise. Excels in Chapter 7 and Chapter 11 proceedings and is highly regarded for its sophisticated counsel on complex reorganization matters. Acts for clients across a range of industries, including retail, energy, manufacturing and financial services. Serves as both lead and co-counsel in high-stakes bankruptcy proceedings.

Strengths The team is "very resourceful, thorough, and high-quality," according to one client, who further describes it as a "go-to firm in Delaware."

Another source highlights the "quality of work and high level of service," adding that "they have always provided us with great assistance."

Work highlights Represented Insightra Medical and its affiliated debtors in the negotiation and prosecution of a prepackaged plan of reorganization, which was unanimously approved by all classes of creditors and the Bankruptcy Court.

Served as co-counsel to the unsecured creditors' committee in the bankruptcy of major clothing retailer American Apparel.

Notable practitioners

Neil Glassman is "brilliant," says one client, adding that he is "a tactician who can go from a high-level problem to a ground-level solution." He has a wealth of experience with handling Chapter 11 matters on behalf of debtors, creditors' committees and lenders.

Scott Cousins is an experienced practitioner with a well-established Chapter 11 practice, and is a strong choice to handle bankruptcies in the energy sector. Sources describe him as "knowledgeable" and note that "he has great practical business experience and can look at things through a business lens."

Charlene Davis is widely regarded for her wealth of experience handling bankruptcy and restructuring cases. Her recent work includes high-profile Chapter 7, Chapter 11 and Chapter 15 cases.

Justin Alberto is developing an impressive bankruptcy practice, and sources say he is experienced "beyond his years." He is adept at handling all aspects of insolvency proceedings on behalf of debtors, creditors and other parties. Clients say: "He is very good on his feet, smart, knows the courts and has good judgment."

About the Team (content provided by Bayard, P.A.)

Bayard Business Restructuring and Insolvency attorneys:

  • have a long history of providing services in bankruptcy cases to troubled private and public companies, trustees, lenders, boards of directors, purchasers and official committees of unsecured creditors, equity holders and retirees.
  • have participated as lead, local or conflicts counsel in many significant bankruptcy cases in the Delaware Bankruptcy Court and across the country over the last three decades.
  • are very experienced in state court insolvency proceedings, including assignments for the benefit of creditors, dissolution proceedings, receiverships and insurance company rehabilitations/liquidations.
  • are familiar with and appear regularly in the State of Delaware Chancery Court.
  • are adept at out-of-court restructurings and dispositions of distressed assets.
  • represent clients across a broad spectrum of business sectors, including energy and utilities; financial services and banking; chemical; manufacturing; insurance; automotive; airline; transportation; professional services; communications; tourism; municipal; retail; construction; packaging; technology; electronics; healthcare; media; fast food; and real estate.
  • routinely present and write on matters concerning all areas of business restructuring and insolvency.

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Drinker Biddle & Reath LLP - Bankruptcy/Restructuring Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Extensive experience with handling significant Chapter 11 bankruptcy proceedings. Demonstrable expertise in representing an array of parties, including official creditors' committees and distressed companies. Offers expertise across a range of industries, including healthcare, manufacturing and energy and natural resources.

Strengths Market sources note the firm's rising profile, commenting that "the firm has been a breakout success and has formed a team that's convincingly able to pitch cases much larger than its office size."

Another commenter describes the firm as "very constructive and commercial."

Work highlights Served as primary counsel to the unsecured creditor committee of Aerospace Holdings, successfully securing a material settlement for the general unsecured creditors and funding for a Chapter 11 exit.

Represented Sundevil Power Holdings as the debtors in the $260 million Chapter 11 restructuring, which involved securing approval for a $45 million debtor-in-possession facility and the company's sale.

Notable practitioners

Steven Kortanek draws accolades for his "strong courtroom presence." He is regarded as "an excellent committee lawyer," and is also skilled in the representation of debtors, lenders and asset purchasers in complex bankruptcy proceedings. Sources say: "He is well regarded, smart, creative, and someone who holds the respect of the Delaware judges."

About the Team (content provided by Drinker Biddle & Reath LLP)

Department profile not yet provided by Drinker Biddle & Reath LLP. Please see their firm profile.

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Fox Rothschild LLP - Bankruptcy/Restructuring Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Well-regarded practice noted for its ability to manage the full spectrum of bankruptcy-related issues for an array of parties, including creditors' committees, debtors and trustees. Respected for its handling of Chapter 7 cases, and also extensive experience with Chapter 11 proceedings. Also adept at handling out-of-court restructurings and workouts on behalf of distressed companies.

Strengths Sources say the firm is "sharp, responsive and available 24/7."

Work highlights Advised Essar Steel Minnesota on all aspects of its Chapter 11 case, which resulted in the confirmation of a restructuring plan.

Counseled Beal Bank as creditor in relation to the restructurings of two power generation companies, Sundevil and La Paloma.

Notable practitioners

Jeffrey Schlerf is recognized for his handling of "very sophisticated work" in the bankruptcy space. He is experienced with handling complex Chapter 11 cases, and his expertise includes debt restructurings, loan workouts and corporate reorganizations.

Mette Kurth handles complex bankruptcy and restructuring matters on behalf of clients from a wide array of industries, including hospitality, retail and financial services. Her expertise in distressed M&A is also of particular note. Sources say: "She's very creative and has very good business sense as well as legal sense. She presents very practical solutions."

About the Team (content provided by Fox Rothschild LLP)

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Polsinelli PC - Bankruptcy/Restructuring Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for  Well-known bankruptcy and restructuring team noted for its breadth of experience representing Chapter 11 debtors and official committees of unsecured creditors. Recognized for its litigation strengths and regularly engaged to provide counsel on fraudulent transfer and preference matters, as well as prosecuting breach of fiduciary duty cases. Represents client from a wide array of industries, including healthcare, technology, energy and financial services.

Strengths  Commentators describe it as an "excellent team," adding that "the lawyers are very capable, always approachable and have a proven record of giving excellent advice."

One source says: "The team's management of information has been magnificent. The firm has been great at helping us piece together the puzzle to get the right result."

Work highlights  Represented California Proton Therapy Center in its Chapter 11 bankruptcy case, which involved a dispute with Scripps Medical.

Acted for steel manufacturer ArcelorMittal in the bankruptcy case of Optima Specialty Steel, which involved filing reclamation claims, Section 503(b)(9) administrative claims and general unsecured claims.

Notable practitioners

Sources say Christopher Ward is "a very experienced counselor who possesses excellent judgment and insight, which translates into valuable advice." He acts on behalf of debtors and creditors' committees in bankruptcy proceedings, corporate restructuring and related litigation.

About the Team (content provided by Polsinelli PC)

Polsinelli is an AmLaw100 law firm with (i) a national footprint stretching from Delaware and New York across the heartland to Los Angeles, (ii) top ranked corporate restructuring, intellectual property, and health care practices, and (iii) a mid-market rate structure.  Polsinelli’s representative engagements include (a) Delaware bankruptcy, regulatory, and conflicts counsel to the TCEH Creditors’ Committee in Energy Future Holdings Corp. (seventh-largest bankruptcy ever filed) and CIBER, Inc., (b) lead counsel to chapter 11 debtors PhaseRx, Inc., Jet Midwest Group, LLC, Ensequence, Inc., and Soupman, Inc., and (c) lead counsel to the Official Committee of Unsecured Creditors in H. Krevit Incorporated, Open Range Communications, Crossroads Wireless, and Ultimate Escapes.  Polsinelli also recently released The Devil’s Dictionary of Bankruptcy Terms, which is available for free on iTunes.

Polsinelli has represented various types of clients in all aspects of bankruptcy, insolvency, out-of-court workouts, and litigation matters, including: 

  • Debtors and debtors in possession 
  • Official and Ad Hoc Creditors’ Committees 
  • Chapter 7 and 11 Trustees 
  • Litigation and Liquidating Trustees 
  • Secured and DIP Lenders 
  • Indenture Trustees, Noteholders, and Bondholders 
  • Asset Purchasers 
  • Landlords and Trade Creditors 
  • Examiners 
  • Plaintiffs and Defendants in Adversary Proceedings
  • Chapter 9 Municipality Adjustments
  • Chapter 15 Foreign Recognition Debtors
  • Assignments for the Benefit of Creditors



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Potter Anderson & Corroon LLP - Bankruptcy/Restructuring Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for  Broad-ranging practice that advises an array of clients in complex Chapter 11 cases. Also highly regarded for its expertise in out-of-court restructurings. Noted for its representation of debtors, secured creditors and creditor committees, and maintains a fine track record for its work in the energy, retail and manufacturing sectors. Experienced at handling bankruptcy-related litigation, including preference actions.

Strengths  Interviewees note the team's "good judgment," adding that "the lawyers are easy to work with and add value."

Further sources highlight the firm as "a team of excellent attorneys."

Work highlights  Acts as co-counsel to Cortland Capital Market Services, the senior term loan lenders in the bankruptcy of Paragon Offshore.

Represented manufacturing company CST Industries Holdings in connection with its Chapter 11 filing.

Notable practitioners

Jeremy Ryan garners praise for his representation of lenders, and is also experienced with debtor-side representation. He handles Chapter 11 cases and his broad practice also includes sale of distressed companies. Clients say he is "very knowledgeable about the local courts," and add that he is "very perceptive, making sure everything goes along smoothly." He also receives praise for "his practical insight into complicated situations, which illuminates options and alternatives."

About the Team (content provided by Potter Anderson & Corroon LLP)

Potter Anderson has one of the few bankruptcy practices in Delaware that excels in all facets of bankruptcy law, including secured creditor, debtor, creditor committee and major creditor representations.

Clients represent the full range of participants in bankruptcy cases, including secured lenders, debtors, asset purchasers and official creditor committees.

Potter Anderson’s practice is known for its high level of personal service. Rather than building a reputation based on volume, the team chooses to take on clients that benefit from our high-touch/high-value approach.

Jeremy Ryan, head of the Restructuring, Bankruptcy and Creditors’ Rights Practice, has served as lead counsel on many significant cases, including Wal-Mart Stores, Inc. in the Blitz USA bankruptcy, seeking a leading-edge resolution of over $100 million in personal injury claims and is one of the leading experts in Delaware ABCs.

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Whiteford, Taylor & Preston LLP - Bankruptcy/Restructuring Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Renowned practice offering advice on the full range of bankruptcy and restructuring matters for debtors, trustees, creditors' committees and litigation trusts. Regularly handles adversary proceedings and contractual disputes involving distressed entities. Also frequently represents commercial banks and financial institutions as creditors.

Strengths Sources say: "The team was very good. The pleadings were solid and they worked to get things done in a timely and efficient manner."

Another interviewee comments: "They work as a team to provide sound legal analysis on a very short timeframe."

Work highlights Represented Axon Energy Products in the bankruptcy of Hercules Offshore, which involved preserving its litigation claims against the debtors as well as objecting to the debtors’ prepackaged plan.

Acted for the official committee of unsecured creditors of Optima Specialty Steel.

Notable practitioners

Christopher Samis is "focused, practical and works to get a deal done," say market sources. He is well regarded for his representation of creditors' committees in complex Chapter 11 proceedings. Sources also say he is "very good in court and has a nice personal style."

Katherine Good is experienced with handling domestic and cross-border bankruptcies. She is highlighted by sources as a "super-intelligent, substantively skilled lawyer," who has a "really good understanding of the bigger picture in cases."

About the Team (content provided by Whiteford, Taylor & Preston LLP)


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Eminent Practitioner

James L Patton Jr

Young Conaway Stargatt & Taylor LLP

From the Chambers USA guide

James Patton is regarded by one source to be "one of the sharpest minds in bankruptcy nationally." He serves as chairman of the firm and is known for his representation of distressed companies in bankruptcy proceedings and workouts. He is also experienced with the representation of creditors' and equity committees. Sources say he has "an enormous repository of experience and knowledge," and he is also described as "brilliant strategically."

^ See whole ranking table

Star Individuals

Richards, Layton & Finger PA

From the Chambers USA guide

Mark Collins is considered by market sources to be "among the best lawyers in the state." His impressive bankruptcy practice includes a notable emphasis on the representation of debtors in Chapter 11 cases and out-of-court restructurings. He receives praise for his "great judgment," and interviewees add that "he is a master at knowing when to push an issue and when to push back."

^ See whole ranking table

Star Individuals

Laura Davis Jones

Pachulski Stang Ziehl & Jones LLP

From the Chambers USA guide

Laura Davis Jones is regarded as an "exceptionally talented attorney" and "a go-to lawyer for Delaware bankruptcy cases." She has a strong track record of handling highly complex Chapter 11 cases. Sources highlight her market knowledge, explaining that she is "very well connected to the Delaware Bar and bankruptcy judges, and is able to anticipate what courts expect or need in trying to get a deal over the finish line."

^ See whole ranking table

Band 1

Morris, Nichols, Arsht & Tunnell LLP

From the Chambers USA guide

Derek Abbott's sophisticated practice involves the representation of creditors and debtors in bankruptcy proceedings and related litigation. Market sources describe him as "stellar," adding that he's "very skilled, careful, charismatic and an excellent choice to run a complicated Chapter 11 case."

^ See whole ranking table

Band 1

Young Conaway Stargatt & Taylor LLP

From the Chambers USA guide

The "deeply knowledgeable" Robert Brady represents clients in all aspects of business restructuring and is experienced with Chapter 11 cases. Peers say: "He is incredibly smart, knows how to get a deal done and is very easy to work with."

^ See whole ranking table

Band 1

Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

From the Chambers USA guide

Mark Chehi is regarded as a "superb lawyer, who has exceptional perspective and experience in complex restructuring and a very strong base of knowledge in all things Chapter 11." He advises public and private companies in prepackaged bankruptcies, out-of-court restructurings and traditional Chapter 11 cases. Interviewee says: "He works tirelessly and is very creative in developing strategies and solving problems."

^ See whole ranking table

Band 1

Morris, Nichols, Arsht & Tunnell LLP

From the Chambers USA guide

"Standout attorney" Robert Dehney represents both debtors and creditors in Chapter 11 bankruptcy proceedings and out-of-court restructuring. Clients highlight his "exceptional experience and unmatched energy in representing his clients' interests," and one source says: "He is very helpful in coming up with creative solutions to vexing legal problems."

^ See whole ranking table

Band 1

Pepper Hamilton LLP

From the Chambers USA guide

The "uniformly excellent" David Fournier is held in high esteem for his corporate restructuring and bankruptcy work. He represents debtors, secured and unsecured creditors, and committees. He is "a very impressive lawyer," says one source, adding that "his common sense and cool and calm demeanor are excellent in demanding situations."

^ See whole ranking table

Band 1

Reed Smith LLP

From the Chambers USA guide

Managing partner of the firm's Wilmington office Kurt Gwynne is held in high regard for his handling of sophisticated bankruptcy matters. He is proficient in the representation of trustees and creditors' committees as well as debtors.

^ See whole ranking table

Band 1

Landis Rath & Cobb LLP

From the Chambers USA guide

Adam Landis has extensive experience in bankruptcy and restructuring matters and related litigation. He acts on behalf of both debtors and creditors. Sources describe him as a "very insightful attorney," and highlight his "ability to drive outcomes and manage difficult situations."

^ See whole ranking table

Band 1

Saul Ewing Arnstein & Lehr LLP

From the Chambers USA guide

Sources praise Mark Minuti's ability to "provide extremely practical and actionable counsel in very difficult situations." He handles complex bankruptcy litigation and restructuring matters for a variety of parties, including debtors, creditors' committees and other stakeholders. Commentators describe him as a "very experienced bankruptcy practitioner," adding that "he's very knowledgeable about all aspects of the Bankruptcy Code and is an effective advocate in court."

^ See whole ranking table

Band 1

Young Conaway Stargatt & Taylor LLP

From the Chambers USA guide

Pauline Morgan is held in high regard for her representation of debtors, creditors' committees and secured lenders in Chapter 11 bankruptcy proceedings. Interviewees say: "She is an excellent technical lawyer, her judgment is superb and she has enormous credibility with judges."

^ See whole ranking table

Band 1

Young Conaway Stargatt & Taylor LLP

From the Chambers USA guide

The "super smart" Michael Nestor is held in high regard for his handling of retail bankruptcies, and has a wealth of experience navigating Chapter 11 cases on behalf of debtors. Sources say: "He has an incredible business sense and is a deal-maker."

^ See whole ranking table

Band 1

Cole Schotz P.C.

From the Chambers USA guide

Cochair of the firm's bankruptcy and corporate restructuring department, Norman Pernick is regarded as an "exceptional practitioner" and "one of the premier bankruptcy lawyers in Delaware." He has a wealth of experience representing both debtors and creditors in complex bankruptcies and workouts. Sources say: "He is extremely levelheaded, calm and a really good deal-maker," and add that he is "thoughtful about how cases are going to unfold."

^ See whole ranking table

Band 1

Pepper Hamilton LLP

From the Chambers USA guide

The highly experienced David Stratton is commended for his "great instincts and encyclopedic knowledge of the law." He serves as managing partner of the firm's Wilmington office and also represents debtors and creditors' committees in bankruptcy cases.

^ See whole ranking table

Band 2

Ashby & Geddes

From the Chambers USA guide

William Bowden has a wealth of experience handling Chapter 11 cases on behalf of debtors and creditor groups. Interviewees highlight his "experience in bankruptcy law, and familiarity and working relationships with the Delaware bankruptcy Bench." Sources also describe him as "a gentleman - courteous, professional, and a pleasure to work with."

^ See whole ranking table

Band 2

DLA Piper LLP (US)

From the Chambers USA guide

Stuart Brown is "technically proficient and very good in court," say sources. He is commended for his "extensive experience" in the bankruptcy scene. His practice covers bankruptcy litigation and transactional matters, and he is skilled in the representation of distressed companies, investors and lenders.

^ See whole ranking table

Band 2

Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

From the Chambers USA guide

Anthony Clark is recognized as a "fantastic bankruptcy litigator." He often represents debtors, creditors, and asset purchasers in high-stakes litigation. He draws praise for his "very profound understanding of restructuring" and "command of the courtroom."

^ See whole ranking table

Band 2

Daniel J DeFranceschi

Richards, Layton & Finger PA

From the Chambers USA guide

Daniel DeFranceschi is "a phenomenal lawyer, who is very well plugged into the Delaware market," according to commentators. He has a wealth of experience representing distressed companies in restructurings as well as Chapter 11 and Chapter 7 cases. Sources say: "He's incredibly insightful, very thorough, and is well respected by the judges."

^ See whole ranking table

Band 2

Mark L Desgrosseilliers

Womble Bond Dickinson US LLP

From the Chambers USA guide

Mark Desgrosseilliers is known by sources to be "very confident, skillful, and tenacious." He regularly represents debtor corporations, creditors and trustees in complex bankruptcy and restructuring proceedings.

^ See whole ranking table

Band 2

Cozen O'Connor

From the Chambers USA guide

Sources say Mark Felger of Cozen O'Connor is "extremely knowledgeable in the field of bankruptcy law." He is notable for his handling of complex Chapter 11 proceedings, and is also an experienced mediator. Peers regard him as a "very smart guy," and highlight his "great problem-solving" ability.

^ See whole ranking table

Band 2

Bayard, P.A.

From the Chambers USA guide

Neil Glassman is "brilliant," says one client, adding that he is "a tactician who can go from a high-level problem to a ground-level solution." He has a wealth of experience with handling Chapter 11 matters on behalf of debtors, creditors' committees and lenders.

^ See whole ranking table

Band 2

Cole Schotz P.C.

From the Chambers USA guide

David Hurst regularly represents both public and private companies in restructurings and bankruptcy proceedings. He frequently represents clients in the pharmaceutical and life sciences sector. Commentators highlight his "significant proficiency in core Chapter 11 issues," and describe him as "a very capable courtroom attorney."

^ See whole ranking table

Band 2

John Henry Knight

Richards, Layton & Finger PA

From the Chambers USA guide

John Henry Knight is described by one source as "a real pragmatist who gets to the point of the matter." He is vice chair of the firm's bankruptcy and corporate restructuring department and regularly handles Chapter 11 cases and corporate restructuring, typically on behalf of debtors. Commentators say he is "professional, smart, responsive, and keenly aware of the issues and problems confronting his clients."

^ See whole ranking table

Band 2

Steven K Kortanek

Drinker Biddle & Reath LLP

From the Chambers USA guide

Steven Kortanek draws accolades for his "strong courtroom presence." He is regarded as "an excellent committee lawyer," and is also skilled in the representation of debtors, lenders and asset purchasers in complex bankruptcy proceedings. Sources say: "He is well regarded, smart, creative, and someone who holds the respect of the Delaware judges."

^ See whole ranking table

Band 2

Pachulski Stang Ziehl & Jones LLP

From the Chambers USA guide

Bradford Sandler is particularly skilled in the representation of creditors' committees. He is experienced in Chapter 11 cases and out-of-court restructurings. Sources say: "He is good in court, very commercial and creative. He's an effective and zealous advocate for his client."

^ See whole ranking table

Band 2

Russell C Silberglied

Richards, Layton & Finger PA

From the Chambers USA guide

Russell Silberglied is a strong choice to handle highly contentious bankruptcy matters. One source commends him as "a brilliant litigator," and adds: "He is very conscientious, hard-working, detail-oriented and really smart. He unlocks difficult issues and is able to find very creative solutions."

^ See whole ranking table

Band 2

Cole Schotz P.C.

From the Chambers USA guide

Kate Stickles is an "exceptionally responsive, careful, and thoughtful" attorney, according to one source. She handles bankruptcy proceedings on behalf of debtors and creditors' committees. Interviewees say: "She's incredibly helpful and is a great problem-solver, especially in time-sensitive situations."

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Band 2

Gregory W Werkheiser

Morris, Nichols, Arsht & Tunnell LLP

From the Chambers USA guide

Gregory Werkheiser has extensive experience handling complex bankruptcy cases and out-of-court Chapter 11 restructurings. Commentators describe him as an "extremely proficient technical lawyer," and "an extremely analytical and deep thinker, who makes sure all the bases are covered."

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Band 3

Young Conaway Stargatt & Taylor LLP

From the Chambers USA guide

Blake Cleary is known to be a "very capable and quick-thinking practitioner," according to commentators. He is skilled at guiding distressed companies through corporate restructurings and Chapter 11 cases, and also offers expertise in creditor-side representation. Commentators say: "He can offer practical insight on any given situation."

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Band 3

Landis Rath & Cobb LLP

From the Chambers USA guide

Richard Cobb is well regarded for his handling of bankruptcy litigation. He represents creditors and lenders, and has recently been active in high-profile retail bankruptcies. Clients highlight his "consistent delivery of a superior product."

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Band 3

Bayard, P.A.

From the Chambers USA guide

Scott Cousins is an experienced practitioner with a well-established Chapter 11 practice, and is a strong choice to handle bankruptcies in the energy sector. Sources describe him as "knowledgeable" and note that "he has great practical business experience and can look at things through a business lens."

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Band 3

Michael D DeBaecke

Blank Rome LLP

From the Chambers USA guide

Michael DeBaecke represents a varied range of parties in Chapter 11 cases and reorganizations.

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Band 3

Donald J Detweiler

Pepper Hamilton LLP

From the Chambers USA guide

Donald Detweiler is especially adept at acting on behalf of creditors' committees, and also experienced with debtor-side representation. He regularly handles bankruptcies in the healthcare space. He receives praise for his "good instincts and judgment," and is described as "a ferocious advocate for his client."

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Band 3

Morris James LLP

From the Chambers USA guide

Sources say Brett Fallon is "a very smart lawyer who provides great advice." He has a wealth of experience handling bankruptcy cases on behalf of debtors, creditors and other stakeholders. He also offers expertise in preference and fraudulent transfer.

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Band 3

Richards, Layton & Finger PA

From the Chambers USA guide

Paul Heath represents debtors and creditors in complex Chapter 11 cases. Interviewees highlight his "top-notch knowledge and expertise" and note that "the judgment he brings to the table is phenomenal."

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Band 3

Regina Stango Kelbon

Blank Rome LLP

From the Chambers USA guide

Cochair of the firm's national restructuring and bankruptcy group, Regina Stango Kelbon is respected for her representation of secured creditors. She is well versed with handling restructurings and workouts. Sources say she is "an excellent lawyer" and "an effective lender lawyer."

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Band 3

Morris James LLP

From the Chambers USA guide

Carl Kunz is experienced with the representation of a range of parties, including secured and unsecured creditors, purchasers and lenders. Clients say: "He is diligent and thoughtful. He knows the Delaware bankruptcy judges and lawyers well, and provides helpful advice on client strategy options."

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Band 3

Michael R Lastowski

Duane Morris LLP

From the Chambers USA guide

Michael Lastowski of Duane Morris LLP is managing partner of the firm's Wilmington office. He is known for his handling of contentious bankruptcy matters, and peers highlight him as a "strong lawyer and a good litigator."

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Band 3

DLA Piper LLP (US)

From the Chambers USA guide

Craig Martin is well regarded for his handling of cross-border bankruptcies. He advises creditors and distressed entities in Chapter 11 cases and corporate restructurings. Sources say: "He's a strategic thinker who comes up with options and solutions to each problem presented." One client says: "I was impressed not only by his commerciality but also his knowledge of the situation."

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Band 3

Morris James LLP

From the Chambers USA guide

Chair of the firm's bankruptcy and creditors' rights group, Stephen Miller is regarded as an "excellent bankruptcy attorney." He is experienced with handling Chapter 11 proceedings, as well as preference and fraudulent transfer actions.

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Band 3

Young Conaway Stargatt & Taylor LLP

From the Chambers USA guide

Edmon Morton regularly represents debtors in Chapter 11 bankruptcy proceedings. He receives praise for his "great responsiveness, creativity and good judgment on litigation matters." Sources say: "He is extremely likable, very personable and gets along with everyone, all of which really help him negotiate a good deal in a tough situation."

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Band 3

Domenic E Pacitti

Klehr Harrison Harvey Branzburg LLP

From the Chambers USA guide

Domenic Pacitti of Klehr Harrison Harvey Branzburg LLP is regarded as an attorney who "works around the clock and provides practical solutions." He represents debtors, creditors' committees and other stakeholders in workouts, restructurings and bankruptcy cases.

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Band 3

Potter Anderson & Corroon LLP

From the Chambers USA guide

Jeremy Ryan garners praise for his representation of lenders, and is also experienced with debtor-side representation. He handles Chapter 11 cases and his broad practice also includes sale of distressed companies. Clients say he is "very knowledgeable about the local courts," and add that he is "very perceptive, making sure everything goes along smoothly." He also receives praise for "his practical insight into complicated situations, which illuminates options and alternatives."

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Band 3

Jeffrey M Schlerf

Fox Rothschild LLP

From the Chambers USA guide

Jeffrey Schlerf is recognized for his handling of "very sophisticated work" in the bankruptcy space. He is experienced with handling complex Chapter 11 cases, and his expertise includes debt restructurings, loan workouts and corporate reorganizations.

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Band 3

Robert J Stearn Jr

Richards, Layton & Finger PA

From the Chambers USA guide

Robert Stearn is regarded as "tenacious and thoughtful," and is respected for his handling of bankruptcy litigation. His practice covers the full gamut of disputes arising from bankruptcy proceedings, and he acts on behalf of debtors and creditors. One commentator says: "He is very smart, incredibly hard-working, relentless, determined and very very good with evidence and arguments in court."

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Band 3

Blank Rome LLP

From the Chambers USA guide

Stanley Tarr represents debtors, creditors' committees and asset purchasers in Chapter 11 proceedings and out-of-court workouts. Sources describe him as "very practical, levelheaded, smart and sharp."

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Band 3

Christopher A Ward

Polsinelli PC

From the Chambers USA guide

Sources say Christopher Ward is "a very experienced counselor who possesses excellent judgment and insight, which translates into valuable advice." He acts on behalf of debtors and creditors' committees in bankruptcy proceedings, corporate restructuring and related litigation.

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Band 3

Womble Bond Dickinson US LLP

From the Chambers USA guide

Matthew Ward receives praise for his "extensive experience with distressed company situations, which clearly provides him with the wisdom and confidence to provide enormous context around complex strategies." He represents both public and private companies as debtors in Chapter 11 proceedings, and is also well versed in the representation of creditors.

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Band 4

Young Conaway Stargatt & Taylor LLP

From the Chambers USA guide

Sean Beach acts for lenders, creditors' committees and other stakeholders in Chapter 11 cases and out-of-court restructurings. One source says: "I find him to be pragmatic, constructive, smart and very knowledgeable. He knows the local practice and keeps us out of trouble in the area. He is very constructive, thoughtful and patient."

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Band 4

Archer Law

From the Chambers USA guide

The "very thoughtful and intelligent" David Carickhoff of Archer Law offers expertise in Chapter 7 and Chapter 11 cases and out-of-court restructurings. Clients say he is "practical, articulate and direct," and add that he is "very even-keeled and efficient."

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Band 4

William E Chipman

Chipman Brown Cicero & Cole LLP

From the Chambers USA guide

William Chipman of Chipman Brown Cicero & Cole LLP is an established bankruptcy and restructuring practitioner, with extensive experience handling Chapter 11 cases. He is considered to be an "experienced and very affable" attorney by peers. One source says: "He presents well in court and has a good rapport with judges."

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Band 4

Ballard Spahr LLP

From the Chambers USA guide

Tobey Daluz of Ballard Spahr LLP is regarded as an "excellent litigator and draftswoman" by market sources. She represents debtors as well as secured and unsecured creditors in Chapter 11 bankruptcy proceedings.

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Band 4

Bayard, P.A.

From the Chambers USA guide

Charlene Davis is widely regarded for her wealth of experience handling bankruptcy and restructuring cases. Her recent work includes high-profile Chapter 7, Chapter 11 and Chapter 15 cases.

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Band 4

Burr & Forman LLP

From the Chambers USA guide

Cory Falgowski of Burr & Forman LLP is a "very poised, clear-headed, and smart bankruptcy attorney," say sources. He handles complex bankruptcy proceedings and related litigation, and is experienced with representing creditors, debtors, trustees and other stakeholders.

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Band 4

Pepper Hamilton LLP

From the Chambers USA guide

Henry Jaffe draws praise for his "knowledge of the Bankruptcy Code and preference cases." He handles a broad range of corporate restructuring matters on behalf of debtors, trustees, creditors and other stakeholders.

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Band 4

Fox Rothschild LLP

From the Chambers USA guide

Mette Kurth handles complex bankruptcy and restructuring matters on behalf of clients from a wide array of industries, including hospitality, retail and financial services. Her expertise in distressed M&A is also of particular note. Sources say: "She's very creative and has very good business sense as well as legal sense. She presents very practical solutions."

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Band 4

Michael J Merchant

Richards, Layton & Finger PA

From the Chambers USA guide

Michael Merchant is described by one client as "everything a lawyer should be - thoughtful, strategic, supportive, and hard-working." He regularly represents debtors and creditors in all aspects of restructurings and bankruptcy proceedings.

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Band 4

Landis Rath & Cobb LLP

From the Chambers USA guide

Kerri Mumford brings a "great mastery of the detail" and "total mastery of the law" to her corporate bankruptcy and restructuring practice. She has extensive experience handling Chapter 11 cases. Sources say: "She is smart, knowledgeable, and high energy."

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Band 4

Ashby & Geddes

From the Chambers USA guide

Ricardo Palacio has a broad bankruptcy practice, which involves acting on behalf of debtors, lenders, asset purchasers and trustees. Sources say: "He's a very clear thinker, articulates issues well and has a very good presence in court."

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Band 4

Burr & Forman LLP

From the Chambers USA guide

Managing partner of Burr & Forman LLP's Delaware office Richard Robinson has a wealth of experience with Chapter 11 bankruptcies. He is also well versed with handling distressed asset transactions.

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Band 4

Christopher M. Samis

Whiteford, Taylor & Preston LLP

From the Chambers USA guide

Christopher Samis is "focused, practical and works to get a deal done," say market sources. He is well regarded for his representation of creditors' committees in complex Chapter 11 proceedings. Sources also say he is "very good in court and has a nice personal style."

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Band 4

Morris, Nichols, Arsht & Tunnell LLP

From the Chambers USA guide

Eric Schwartz is "a very strong lawyer, with great strategic sense," according to market commentators. He advises distressed companies on restructuring, and also has experience handling insolvency litigation on behalf of debtors and creditors.

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Up and Coming

Bayard, P.A.

From the Chambers USA guide

Justin Alberto is developing an impressive bankruptcy practice, and sources say he is experienced "beyond his years." He is adept at handling all aspects of insolvency proceedings on behalf of debtors, creditors and other parties. Clients say: "He is very good on his feet, smart, knows the courts and has good judgment."

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Up and Coming

Young Conaway Stargatt & Taylor LLP

From the Chambers USA guide

Ryan Bartley specializes in corporate restructuring and bankruptcy cases. He has experience representing debtors as well as lenders. Sources say: "He is a great problem solver" and further describe him as "a practical and levelheaded guy who knows how to solve problems efficiently." 

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Up and Coming

Whiteford, Taylor & Preston LLP

From the Chambers USA guide

Katherine Good is experienced with handling domestic and cross-border bankruptcies. She is highlighted by sources as a "super-intelligent, substantively skilled lawyer," who has a "really good understanding of the bigger picture in cases."

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Up and Coming

Karen Skomorucha Owens

Ashby & Geddes

From the Chambers USA guide

Karen Skomorucha Owens often represents debtors, creditors' committees, trustees and other stakeholders in a variety of restructuring and bankruptcy proceedings. Sources praise her as "outstanding," and explain that she is "smart, responsive, and always on top of things."

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Associates to watch

Richards, Layton & Finger PA

From the Chambers USA guide

Amanda Steele is a highly regarded associate who receives praise for her "smarts and work ethic." She is well-versed with Chapter 11 proceedings, and is skilled in the representation of both creditors and debtors.

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