Consistently ranked as a leading firm in Bankruptcy and Restructuring in Chambers USA and in Corporate Restructuring in The Legal 500 US, Debevoise regularly plays a major role in high-profile out-of-court restructurings, strategic transactions and litigation involving troubled businesses, Chapter 11 cases and cross-border insolvencies. The Restructuring Group advises companies, creditors, sponsors, boards of directors, acquirors and other parties-in-interest in complex distressed situations, and is widely recognized by clients and peers for providing business-oriented and sophisticated advice on the wide range of legal issues triggered by financial distress.
Drawing on an extensive and diverse network of resources that includes top-ranked practices in finance, M&A, tax, litigation, internal investigations, financial institutions, executive compensation and real estate, Debevoise lawyers work side by side with clients on their toughest and most critical restructuring challenges.
The team includes both bankruptcy lawyers and general commercial trial lawyers, bringing extensive trial experience and an in-depth knowledge of finance and bankruptcy law to the handling of complex disputes. In recent years, the bankruptcy and restructuring team has handled precedent-setting disputes relating to plan confirmation, debtor-in-possession financing, contract assumption, intercompany claims, alleged breaches of fiduciary duties, preference and fraudulent conveyance claims, lender liability and other issues.
The end result is a multidisciplinary practice that has won the admiration of clients. As stated in Chambers USA, "They know our goals and our interests as a client. They bring the right people whose expertise is among the best."