Bankruptcy/Restructuring
USA Guide 2024 : Pennsylvania: Philadelphia & Surrounds
Band 2
Email address
[email protected]Contact number
+1 215 988 2700About
Provided by Faegre Drinker Biddle & Reath, LLP
Faegre Drinker finance and restructuring attorneys work to find creative and cost-effective solutions with strategic legal counsel on the full range of financial matters, including complex financial transactions, corporate debt restructurings and related litigation matters. We help lenders and borrowers negotiate and structure credit arrangements, and we document and facilitate the successful launch of cash flow and secured credit facilities, including those secured by unusual assets. Clients also turn to us when they are experiencing financial troubles or their borrowers, customers or counterparties go into financial distress. We provide an integrated approach to bankruptcy proceedings, commercial workouts, refinancings and other out-of-court debt restructurings. We also represent investors and indenture trustees in restructuring bond indebtedness both in and out of Chapter 11 proceedings, and provide counsel to investors, servicers and other transaction parties in connection with defaulted securitization and corporate trust transactions.
Chambers Review
Faegre Drinker possess an excellent practice with particular emphasis on assisting energy and environmental clients in insolvency matters and corporate restructurings. The group is highly skilled in mass tort Chapter 11 proceedings and cases involving private equity portfolio companies. The team acts for both lenders and creditors in loan workouts.
Work Highlights
- Faegre Drinker represented William Whitfield Gardener, the majority-in-interest limited partners of Vascular Access Centres in VAC's involuntary Chapter 11 case.
Strengths
Provided by Chambers
"Faegre Drinker is able to navigate complex matters in a very short period of time."
"The team gets us to the best place possible, according to the facts, and it has a deep understanding of all matters and regulations."
"Faegre Drinker is able to assist in varying types of matters across jurisdictions thanks to the depth of its bench. The team can handle complex, sophisticated matters, and work in a practical and cost-conscious approach."
"Faegre Drinker is able to navigate complex matters in a very short period of time."
"The team gets us to the best place possible, according to the facts, and it has a deep understanding of all matters and regulations."
"Faegre Drinker is able to assist in varying types of matters across jurisdictions thanks to the depth of its bench. The team can handle complex, sophisticated matters, and work in a practical and cost-conscious approach."
Notable Practitioners
Andrew Kassner co-chairs the firm and is an esteemed bankruptcy and restructuring practitioner with substantial expertise in creditors rights' representation.
"Andrew is well known within the community, and nationally."
Joseph Argentina frequently acts on both in-court and out-of-court restructurings on behalf of a range of parties.
"Joseph is effective in handling complex and sophisticated matters, across a broad range of industries and types of matters. He works close with me to keep the costs down, and is very responsive."