Restructuring & Special Situations
We are a proven and trusted advisor to management teams, corporate boards, sponsors and creditors in situations where a company is experiencing financial distress. Since our founding, we have been consistently recognized as a leading special situations practice with expertise in a broad array of transactions, including financial debt restructurings, liability management, distressed M&A and Chapter 11 matters.
By the Numbers
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IFR Restructuring Advisor of the Year in 2020, 2021, 2022, 2023
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#1 in US and Worldwide Announced 2023 Restructurings
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$1.2 Trillion+ in Liabilities Restructured
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30 Countries Represented
What We Do
Client Solutions
Liability Management and Defense
Design creative liability management solutions for companies, creditors and private equity sponsors to support comprehensive balance sheet recapitalizations, creating enhanced liquidity and shareholder value.
In-Court Bankruptcy and Out-of-Court Restructurings
Advise companies, creditor groups, private equity sponsors and boards of directors on all aspects of traditional in-court Chapter 11 restructurings as well as out-of-court reorganizations.
Specialty Financings
Assist companies in negotiating and executing complex specialty financings across the capital structure, managing all aspects of a refinancing process including raising new debt and equity capital.
Cross-border Reorganizations
Advise companies and creditors on complex international restructurings, managing cross-border reorganizations and multi-party negotiations to ensure optimal strategic alternatives.
Mass Tort Liability Resolutions
Provide unmatched expertise in advising companies to develop frameworks to address contingent liability overhangs and to implement structures that comprehensively resolve these liabilities.
Distressed M&A and Asset Sales
Assist companies and other stakeholders on buying or selling assets in a distressed context, both in- and out-of-court.
Our Results
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$3.9 billion out-of-court restructuring and refinancing
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$4.6 billion Chapter 11 restructuring
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$18.4 billion restructuring of its subsidiary CEOC
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$5.3 billion Chapter 11 restructuring
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Chapter 11 restructuring
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$2.4 billion Chapter 11 restructuring
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$1.3 billion Chapter 11 restructuring
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$21.1 billion Chapter 11 restructuring
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$15.7 billion Chapter 11 restructuring
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$543 million out-of-court restructuring
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$2.5 billion out-of-court restructuring
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$14.4 billion Chapter 11 restructuring
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$2 billion Chapter 11 restructuring
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$3.5 billion Chapter 11 restructuring
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$4.3 billion Chapter 11 restructuring
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$10.9 billion out-of-court restructuring
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$49.7 billion restructuring
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$9.8 billion Chapter 11 restructuring
Restructuring & Special Situations Partners
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