Bankruptcy/Restructuring

Morgan Lewis represents secured and unsecured financial institutions, funds, private equity investors, landlords, developers, trade creditors, debtors, trustees, and official and unofficial committees in bankruptcy cases and out-of-court restructurings in the United States and abroad.

Our practice has been:

• Recognized by Chambers and Partners in Chambers Global and Chambers USA as one of the "leading firms" and containing "leading individuals."
• Recognized by Global Counsel 3000's annual publication of Restructuring and Insolvency.
• Ranked in Euromoney Guide to the World’s Leading Insolvency and Restructuring Lawyers.
• Ranked in the Daily Deal review of law firms with practices active in the corporate bankruptcy area.
• Recognized in the International Financial Law Review as a leading firm.
• Represented in peer review honors organizations, such as the American College of Bankruptcy and the National Bankruptcy Conference.

We represent a variety of financial institutions and other debt and equity holders in all aspects of financially distressed situations, and we are recognized as a leading firm in the area of DIP and exit lending. The firm is active in the distressed debt-trading arena on behalf of investment banks and funds, and represents parties in a variety of turnaround situations.

We assist public companies in the liquidation of their finance company subsidiaries and the workout of distressed investments, and we advise foreign participants in cross-border transactions. We also advise venture capital investors and bridge lenders, as well as vendors, in connection with transactional and bankruptcy issues.

In addition, Morgan Lewis has frequently represented purchasers of assets from bankruptcy estates, foreclosure sales, and assignments for the benefit of creditors, and we have handled all aspects of due diligence, contract negotiations, "stalking horse" procedures, auction, and closing related to the purchase of assets from a bankruptcy estate or other distressed transactions, as well as litigation relating to such transactions. We also assist in "restarts," in which interested investors or creditors organize a new vehicle to carry forward the failed business without successor liability.

Morgan Lewis’s extensive background in complex reorganizations and its reputation with financial institutions have enhanced our ability to work effectively with distressed companies in both workout and bankruptcy contexts. Supported by the breadth of the firm’s practice and intimate involvement in a wide array of industries, we have represented debtors as diverse as retailers, telecommunications providers, technology and biotech companies, venture capitalists, ocean carriers, and mortgage trusts.

Morgan Lewis also has a "commercial tech" practice that involves the multidisciplinary interactions of commercial law, intellectual property law, and technology transactional law with bankruptcy law. We structure and restructure joint ventures and other entities facilitating technology collaborations, joint research and development projects, and other specialized intellectual property licensing arrangements in which the bankruptcy and other commercial risks require customized solutions.