Bankruptcy/Restructuring
USA Guide 2024 : California
Band 1
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+1 310 277 6910About
Provided by Pachulski Stang Ziehl & Jones LLP
Pachulski Stang Ziehl & Jones has one of the largest and most highly regarded bankruptcy practices in the nation. It has three offices in California, located in Los Angeles (its headquarters), San Francisco, and Costa Mesa. The firm's bankruptcy attorneys are experienced in representing all of the major constituencies in bankruptcy proceedings and out-of-court workouts, including debtors, committees, trustees, bondholders, asset purchasers, and third-party plan proponents. PSZJ's clients include large public corporations as well as small businesses and individuals. This breadth of experience enhances the firm's effectiveness and capability in virtually all aspects of chapter 11 cases as well as chapter 9 municipal bankruptcies.
PSZJ’s extensive California presence enables its attorneys to represent debtors and creditors’ committees in high-profile bankruptcies of companies such as The Weinstein Company Holdings LLC, Munchery Inc., Open Road Films LLC, and American Apparel, among others.
Chambers Review
Pachulski Stang Ziehl & Jones maintains a market-leading presence, offering debtors, creditors' committees and trustees comprehensive bankruptcy and restructuring advice. Possesses extensive knowledge in areas such as cross-border insolvency, distressed debt investment and M&A for clients in diverse industries, including technology, healthcare and retail. Demonstrates notable proficiency in representing clients in both out-of-court and in-court proceedings, including expertise in contentious matters such as complex avoidance actions and claim litigation. Equally capable of advising individuals, small businesses and large multinational corporations.
Work Highlights
- Pachulski Stang Ziehl & Jones represented the official creditors' committee in the Chapter 11 bankruptcy of Party City.
Strengths
Provided by Chambers
"The Pachulski team provides sharp, effective and immediate responsiveness."
"They are top-notch experts in the field."
"They are advocates of the highest caliber. They make their clients the top priority at every turn."
"The Pachulski team provides sharp, effective and immediate responsiveness."
"They are top-notch experts in the field."
"They are advocates of the highest caliber. They make their clients the top priority at every turn."
Notable Practitioners
Debra Grassgreen is noted for her expertise in Chapter 11 cases, acting on behalf of creditors, with additional experience in contentious matters.
"She provides great analytics and situational awareness."
"Debra is the best of the very best."
"Debra is a smart and very creative deal-maker. She is very good at driving to a result."
Isaac Pachulski is a highly regarded practitioner with experience across a range of bankruptcy and restructuring matters. He regularly advises clients on significant Chapter 11 proceedings, with notable experience in matters concerning offshore drilling.
"He is one of the smartest lawyers I have ever met."
"He is one of the most brilliant lawyers."
James Stang regularly acts for creditors' committees in Chapter 11 proceedings and has notable expertise in bankruptcy matters involving sexual abuse.
"He has great negotiation skills."
Jeffrey Pomerantz is widely regarded as an expert in representing creditors' committees. He has broad experience spanning an array of sectors, from retail to oil and gas.
"He is an excellent lawyer and is very strong in committee representation."
"Jeffrey is an exceptional and very tenacious lawyer. He fights for his clients and delivers really good results."
"He is a talented lawyer. He has an immense amount of experience handling creditors and debtors in Chapter 11 proceedings."
"He is a very technically sound and tenacious advocate."
"Intellectually speaking, his ability to slice through the issues, come up with strategies and execute them is amazing."
Richard Pachulski acts for both debtors and creditors in Chapter 11 proceedings, and is also experienced in corporate restructurings.
"He is the master of difficult cases."
"He is incredibly smart, commercial and effective. He brings the perfect combination of skill, finesse and stature to every situation."
"Richard provides expert knowledge and excellent rapport."
"He is extraordinarily creative and so he thinks outside the box and comes up with legal strategies and solutions that others have not thought of."
Jeffrey Davidson's practice includes bankruptcy matters in addition to out-of-court restructurings, with his clients spanning an array of industries, from energy to media.
"He is really smart."
Ira Kharasch is adept at representing debtors and creditors in bankruptcy matters, including Chapter 11 proceedings. He has experience across a range of sectors, including entertainment and technology.
"Ira is always looking for the best outcome for his clients. He gives good, practical advice, he is up to date on the law, and he knows how and when to cut a deal."
Shirley Cho is noted for her expert representation of companies and creditors in restructuring and insolvency cases. She is also noted for her expertise in US insolvency law in foreign proceedings.
"Shirley is highly diligent and issue-focused."
"Shirley is very good at getting things over the finish line, executing on the plan and strategy, and accomplishing the goal of the client."
Ranked Lawyers at
Pachulski Stang Ziehl & Jones LLP
California
Members
Provided by Pachulski Stang Ziehl & Jones LLP