Bankruptcy/Restructuring: The Elite
Global Guide 2024 : USA
Band 1
Email address
[email protected]Contact number
212 373 3000Chambers Review
Paul, Weiss, fields a standout team of dedicated bankruptcy and restructuring experts commended for its handling of creditor and debtor-side engagements as well as representations of private equity sponsors and distressed companies. The team draws on firm-wide expertise in areas such as M&A, commercial litigation and tax to provide an impressive full-service practice in domestic and cross-border work, and has handled major cases in the energy, mining, gaming and technology sectors, among others.
Work Highlights
- Paul, Weiss represented an ad hoc committee of guaranteed unsecured noteholders of Mallinckrodt in Mallinckrodt’s Chapter 11 cases.
Strengths
Provided by Chambers
"It's a strong restructuring team with excellent staffing on all engagements."
"It's a strong restructuring team with excellent staffing on all engagements."
Notable Practitioners
Paul Basta is cochair of the firm's restructuring department. He continues to be a popular choice for high-profile bankruptcy matters. He represents a range of clients, including debtors, lenders and boards of directors. He is adept at handling Chapter 11 proceedings, as well as bankruptcy-related acquisitions.
"He's one of the most well-respected lawyers in the country."
Andrew Rosenberg comes recommended for his significant expertise in restructuring matters, with notable experience in the retail and pharmaceutical sectors. He acts for a variety of clients including bondholders, noteholders and creditors.
"He works really hard, is accessible at all times and is very steady and experienced."
"He is always my first call. He's an excellent lawyer."
"Andy is an excellent lawyer. He's super smart."
Brian Hermann enjoys a growing reputation in the market for his bankruptcy expertise. He routinely handles Chapter 11 cases and out-of-court restructurings for a variety of clients, including lenders, debtors and noteholders.
"He's very good at managing large, complex bankruptcies."
"He's commercial and gets deals done."
Elizabeth McColm is highly regarded for her experience advising on a range of restructuring issues. She acts for clients from a variety of industries, such as the retail and energy sectors.
"She's diligent, thoughtful and works towards consensus without wasting time."