Restructuring & Special Situations

Companies, creditors, and shareholders turn to Latham & Watkins for guidance and advice on the world’s largest and most complex restructurings and special situations.

Why Latham

Creative Problem Solving

Today’s increasingly complex restructuring and special situations transactions require the global coordination of substantive expertise from diverse practice areas. Latham has the breadth of practice that is required to represent any major participant in a restructuring or special situations transaction or proceedings and can draw upon its extensive legal expertise on global financial transactions — financing and capital markets, securities law, corporate, litigation, real estate, employment and pensions, environmental, regulatory, and tax law.

Latham’s fully coordinated Restructuring & Special Situations Practice has the geographic presence and resources to provide top-quality legal service anywhere in the world, including on matters with significant cross-border challenges. In addition, the firm’s extensive involvement across the globe with every form of current finance structure gives its lawyers the necessary experience to design and implement the most complex financial restructurings.

The global restructuring and special situations team represents borrowers, sponsors, institutional and distressed investors (individually and in groups) and other parties on workouts, restructurings, and bankruptcy cases from middle market businesses to the largest multinational enterprises.

In-depth Expertise

Latham offers clients a full range of services in the global restructuring and special situations areas, including:

  • Global domestic and multinational / cross-border liability management and restructurings both in- and out-of-court
  • Exchange and tender offers and consent solicitations
  • Pre-packaged and pre-arranged plans of reorganization
  • Chapter 11 and Chapter 15 proceedings
  • Special situations lending and strategies for distressed investors to obtain control of troubled companies
  • Rescue, debtor-in-possession, and exit financings
  • Distressed M&A including acquiring assets out of formal insolvency proceedings
  • Chapter 11 litigation, including defending against lender liability actions, fraudulent conveyance claims, and challenges

Awards & Rankings

  • Latham Named 2019 Bankruptcy Practice Group of the Year - February 17, 2020
  • George Davis Named to Turnarounds & Workouts’ 2019 Outstanding Restructuring Lawyers List - January 12, 2020
  • Latham Among 2019 Firms of the Year - January 12, 2020
  • Latham Wins Restructuring Deal of the Year at IFLR Middle East Awards 2019 - October 23, 2019
  • Partners Recognized Among Bankruptcy Tax Specialists In the Nation’s Major Law Firms - June 24, 2019

Latham’s Restructuring & Special Situations Practice “has prominent restructuring teams located in the UK, the USA, China and across Europe.”

Chambers Global 2019

Media Coverage

Bankruptcy Group of the Year: LathamGeorge Davis: Outstanding Restructuring LawyerLaw Firm of the Year: Latham & Watkins

News

Latham Named 2019 Bankruptcy Practice Group of the YearFirm Adds Restructuring & Special Situations Counsel in New YorkGeorge Davis Named to Outstanding Restructuring Lawyers List

Thought Leadership

The Influence of Credit Derivatives on Corporate Debt RestructuringSpain to Implement and Apply Directive (EU) 2019/1023 to the Spanish Insolvency ActNew DIFC Insolvency Law: 4 Key Features

Webcasts & Podcasts

Podcast Interview – Scheme of Arrangement: Lessons From Bibby Offshore to DTEKPodcast Interview – Updates on Controlled Group LiabilityValuing Oil & Gas Assets in Chapter 11