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Chapter 15

Practices

Chapter 15 & Cross-Border Insolvency

Our team delivers results-driven counsel to clients encountering financial distress, insolvency, and the enforcement of complex financial rights—across the country and around the world. Clients retain us because they value our full understanding of the complex contours of national and international law and business. They also appreciate our track record of successfully advocating for companies facing economic turbulence or seeking new opportunities; we serve as their strategic partners and guide them with clarity, innovation, and steadfast professionalism.

Whether navigating high-stakes litigation, multilayered workouts, or intricate bankruptcy proceedings, we bring sharp legal acumen, extensive negotiation and trial experience, and robust commercial knowledge to every engagement.

Creating Customized Client Strategies

We provide comprehensive representation to lenders, creditors, investors, debtors, distressed companies, and other stakeholders. From troubled M&A transactions and out-of-court workouts to Chapter 15 cross-border recognition proceedings and an array of liquidation scenarios, we deliver thoughtful, creative solutions—often using high-tech and legal project management strategies—tailored to our clients’ specific business goals.

Our team brings together diverse legal backgrounds and a wide range of industry experience—spanning finance, banking, manufacturing, transportation and logistics, publishing, information technology, and beyond—to help our clients seize opportunities and mitigate risks during periods of financial uncertainty. Our focus is never limited to legal theory alone. We immerse ourselves in the commercial realities of each matter, always aiming to maximize value, preserve stakeholder relationships, and protect enterprise viability.

Global Reach: Traversing Transactional Terrains

By taking a methodical, business-focused approach, we help clients streamline complex transnational processes and achieve efficient, enforceable outcomes in both U.S. and foreign jurisdictions.

Whether advising on asset protection, creditor recovery, or cross-border asset sales, our lawyers draw on a sophisticated understanding of how to navigate the interplay between differing legal systems while remaining focused on client objectives.

Our capacity to manage complex international insolvency cases is enhanced by our leadership in the Transatlantic Restructuring and Insolvency Group (TARIG), a premier alliance of elite law firms with top-tier restructuring practices across Europe, Canada, and South America. As one of TARIG’s founding members, we work hand-in-hand with a trusted global network of first-rate insolvency professionals to craft and implement coordinated cross-border plans, ensuring that clients receive world-class legal service across jurisdictions.

TARIG’s collaborative structure allows us to mobilize resources quickly and handle large-scale, multijurisdictional matters with the precision and efficiency clients demand in a high-stakes, fast-moving global market.

  • Represented a Canadian publishing company and related entities in Chapter 15 cross-border recognition proceedings in the U.S. Bankruptcy Court for the District of Delaware.
  • Represented a Canadian bus transport and logistics company and related entities in Chapter 15 cross-border recognition proceedings in the U.S. Bankruptcy Court for the Central District of California.
  • Represented an indenture trustee in the Chapter 15 proceeding of a British Columbian producer of mechanical printing paper.
  • Represented a German multinational investment bank and financial services company as indenture trustee in a Chapter 15 proceeding.
  • Served as counsel to a central bank for the Netherlands Antillean guilder in connection with claims against affiliates of an American financial institution specializing in short-term trade finance and commercial finance in emerging markets.
  • Provided an opinion letter and cross-border insolvency advice for a British-Canadian chartered bank in connection with the potential Chapter 15 bankruptcy filing of an IT service management company in the U.S.
  • Represented the largest secured creditor in a Chapter 15 case involving cross-border proceedings in Canada and the U.S.
  • Represented an American multinational tire manufacturer in the Chapter 15 proceedings of one of the world’s largest container-shipping companies, which filed for receivership in South Korea.
  • Represented an American multinational financial services company in its capacity as indenture trustee for the holders of notes issued by a logistical support solutions provider in connection with a creditors’ scheme of arrangement in Australia and a simultaneous Chapter 15 proceeding in the U.S.
  • Represented a German multinational investment bank and financial services company in the management and exercise of certain post-default remedies in its capacity as security agent for a syndicated loan facility for an international hospitality and hotel vendor whose European assets were the subject of an administration proceeding in the UK and whose U.S. subsidiaries were the subject of parallel Chapter 7 proceedings.