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

  • Partners Recognized Among Bankruptcy Tax Specialists In the Nation’s Major Law Firms - June 24, 2019
  • Latham Earns Recognition for Restructuring and Structured Finance Deals of the Year in Asia - March 13, 2019
  • Partner Richard Levy Named to Turnaround & Workouts’ 2018 Outstanding Restructuring Lawyers List - December 18, 2018
  • David Hammerman Named a Rising Star by the New York Law Journal - October 21, 2018
  • Latham & Watkins Advises on 11 Groundbreaking Deals in Asia - May 23, 2018

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

Richard Levy: Outstanding Restructuring LawyerRising Star: David HammermanDTEK Shifts High-Yield Restructuring Options

News

Latham & Watkins Adds Experienced Litigator in SpainCross-border Latham Team Advises on Global Restructuring of Steinhoff GroupPartners Recognized Among Bankruptcy Tax Specialists In the Nation’s Major Law Firms

Thought Leadership

Spain to Implement and Apply Directive (EU) 2019/1023 to the Spanish Insolvency ActNew DIFC Insolvency Law: 4 Key Features4 European Restructuring Developments for Private Equity Firms to Consider

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