Bankruptcy/Restructuring
USA Guide 2024 : Massachusetts
Band 2
Email address
[email protected]Contact number
+1 617 248 5000About
Provided by Choate Hall & Stewart LLP
Choate’s bankruptcy team is known for its company and creditor expertise in all areas of corporate restructurings, workouts, distressed asset and debt acquisition and insolvency proceedings.
- Cover all areas of retail company restructurings, workouts, distressed asset and debt acquisitions and insolvency proceedings, including cash collateral matters, debtor-in-possession financing, Section 363 sales and the chapter 11 plan process.
- Significant practice representing real estate clients in bankruptcy, workout and restructuring matters involving the unwinding of complex intercreditor relationships and negotiating SWAP prepayments or windups and foreclosure.
- Expertise representing lenders in all aspects of restructuring, workout and bankruptcy matters, in particular in retail, sports, food, real estate, healthcare and technology sectors.
- Represent blue chip clients in connection with DIP/emergence financings, cash collateral hearings, secured party sales, intercreditor disputes, plan confirmation hearings, collateral recovery and out-of-court restructurings.
- Expert in representing insurers in insolvency/bankruptcy proceedings across the US involving asbestos, silica, environmental and workers’ compensation liabilities
- “Cradle to grave” service within one department.
Chambers Review
Choate Hall & Stewart represents creditors across a wide range of bankruptcy and restructuring matters. The firm has broad sector strength encompassing insurance, technology, healthcare, energy and retail. It advises its roster of blue-chip clients on sales, financing and intercreditor disputes.
Work Highlights
- Choate Hall & Stewart represented Wells Fargo Bank, N.A. in its capacity as administrative and collateral agent under the credit agreement in connection with the bankruptcy proceedings of Tuesday Morning Corporation.
Strengths
Provided by Chambers
"The firm is sophisticated in its approach and understands both the legal technicalities and frameworks. Choate Hall & Stewart is able to come up with efficient commercial approaches."
"Choate Hall are responsive and have a stellar ability to explain extremely complex issues. They have an ability to predict the future and understand the big picture."
"The firm is sophisticated in its approach and understands both the legal technicalities and frameworks. Choate Hall & Stewart is able to come up with efficient commercial approaches."
"Choate Hall are responsive and have a stellar ability to explain extremely complex issues. They have an ability to predict the future and understand the big picture."
Notable Practitioners
Douglas Gooding has broad expertise, regularly advising companies in the energy, real estate and construction industries on Chapter 11 cases and workouts. He has extensive experience in mass tort bankruptcies representing insurance providers.
"Douglas could take complex issues and explain them in a clear and concise way. He was responsive and I felt that he valued the input I had."
"Douglas brings people together. He is able to bring the different parties into an agreement and doesn't ever lose his cool."
John Ventola is experienced in representing banks, finance companies, hedge funds and distressed investors in matters including Chapter 11 matters, out-of-court workouts, and lending and corporate restructuring issues.
Kevin Simard has a wealth of finance experience in representing creditors and stands out for his work on secured lending. He is also notable for his experience representing financial institutions in complex Chapter 11 proceedings.
"He is absolutely fabulous. Kevin and his team are able to navigate complexities seamlessly."
Jonathan Marshall has growing experience in creditor-side Chapter 11 work, litigation and corporate transactions. He has worked on matters in the energy, transport and retail sectors.
Ranked Lawyers at
Choate Hall & Stewart LLP
Massachusetts
Members
Provided by Choate Hall & Stewart LLP