Overview

Locke Lord's Bankruptcy, Restructuring and Insolvency Practice Group has broad experience in complex bankruptcy cases, out-of-court restructurings, cross-border proceedings and other distressed situations. Our lawyers regularly advise premier financial institutions, institutional investors, distressed businesses, asset purchasers, debt investors, finance companies, insurers and sureties to enforce creditors’ rights and to achieve strategic goals in the context of structured transactions, commercial litigation, loan workouts, debt restructurings and bankruptcy.

The lawyers in the bankruptcy, restructuring and insolvency practice develop practical, integrated solutions to the issues that confront businesses and investors in distressed situations and have been recognized by Chambers USA, Legal 500 (USA), Super Lawyers, The Best Lawyers in America and other publications as leading practitioners. The Firm’s Bankruptcy and Insolvency practice in London was commended by The Times among its list of Best Law Firms for 2020, a notable distinction since the recipients are chosen by their peers. The Firm was recognized in the 2019 edition of the GRR 100, a survey published annually by Global Restructuring Review listing the top firms capable of handling cross-border restructurings and insolvencies as well as related matters such as banking and sovereign debt crises and has been ranked as a Metropolitan Tier 1 firm by U.S. News – Best Lawyers®. Our strengths emanate from our abilities to understand the businesses and the markets in which our clients operate so as to develop strategies that mitigate the risks and capitalize upon the opportunities presented by insolvencies and other distressed situations. The Firm’s vast experience in its core practice areas of private equity, debt financing, intellectual property and insurance further bolsters our ability to obtain maximum results for our clients.

We represent the varied interests of debtors, financial institutions, secured and unsecured creditors, investors, credit card companies, indenture trustees, and ad hoc and official committees in complex corporate restructuring, workout and bankruptcy planning, negotiation and litigation matters.

Core strengths of our bankruptcy, restructuring and insolvency practice include:

  • Secured Lenders and Administrative/Collateral Agents
  • Official and Ad-Hoc Creditor Committees
  • Purchase and Sale of Distressed Businesses and Assets
  • Chapter 11 Debtors/Business Entities in Financial Distress
  • Chapter 15 Cross-Border Cases and Foreign Insolvency Proceedings
  • Bankruptcy, Insolvency and Fraudulent Conveyance Litigation
  • Bondholder and Corporate Trust Representations
  • Investments in Distressed Businesses, Private Equity and Venture Capital
  • Debtor-In-Possession Loans and Exit Financings
  • Significant Trade Creditors
  • Trading in Distressed Debt Instruments
  • Mortgage and Banking Litigation
  • Post Confirmation Litigation and Liquidating Trusts

Industry Coverage

Our lawyers have unmatched experience representing all of the parties to bankruptcies and restructurings, both in court and out of court and have knowledge and depth in a number of key industries, including:

  • Banking/Financial Services
  • Retail
  • Food and Beverage
  • Energy
  • Publishing and Media
  • Gaming and Entertainment
  • Aviation
  • Real Estate
  • Health Care/Hospitals
  • Marine Services/Maritime
  • Insurance
  • Technology and Telecommunications
  • Audit and Accounting