Bankruptcy/Restructuring
USA Guide 2024 : California
Band 4
About
Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
The Corporate Restructuring Group at Skadden provides innovative solutions to clients involved in distressed company situations, which allow clients to minimize costs, enhance value and properly position themselves for the future.
We represent troubled companies, their boards, management, owners, creditors, lenders, investors and acquirors handling restructurings in and out of court, financial recapitalizations, business reorganizations, acquisitions and liquidations. Our lawyers also advise on insolvency issues in corporate and financing transactions and on all aspects of distressed debt trading and securities issues. A substantial aspect of our practice focuses on avoiding or mitigating the adverse effects of liquidity or other crises through contingency planning and helping companies overcome the inertia of a downward spiral while they still have alternatives to bankruptcy. In addition, our presence in Europe, Asia and South America allows us to address clients’ needs in the context of insolvency and bankruptcy regimes around the world.
Our Corporate Restructuring Group consistently has been recognized by peers and restructuring professionals as one of the top practices in the world. Skadden was named Corporate Restructuring Team of the Year by The American Lawyer and Legal Week at the 2017 Transatlantic Legal Awards, as well as U.S. News — Best Lawyers Law Firm of the Year for its Corporate Restructuring Group as part of the publication’s 2017 “Best Law Firms” survey.
Chambers Review
Skadden has a strong track record of acting on restructuring matters, covering recapitalizations and prepackaged bankruptcies as well as distressed asset acquisitions and dispositions. Regularly represents significant clients in industries such as financial services, retail and technology. Draws on the firm's national platform and interdepartmental strength when advising clients on restructuring-related regulatory, tax and capital markets issues.
Work Highlights
- Skadden represented the government-appointed special liquidators of the Irish Bank Resolution Corporation in connection with its Chapter 15 proceedings.
Strengths
Provided by Chambers
"The Skadden team takes responsiveness to a whole different level."
"The Skadden team takes responsiveness to a whole different level."
Notable Practitioners
Van Durrer has a broad practice that includes Chapter 11 and Chapter 15 cases, in addition to restructuring and recapitalization matters.
"Van is not only a strong technical lawyer and strategic thinker, but also a real joy to work with. He has a really positive demeanor and really cares about the people he works with."
"He is an exceptional lawyer."
"Van is one of the most creative lawyers I've ever worked with. He has an ability to see things way outside the box that other lawyers wouldn't think of."