Akin maintains a strong position in the market for multi-billion-dollar restructuring, bankruptcy, and out-of-court restructuring cases. The practice has bankruptcy lawyers acros the US, Europe, and Asia, allowing them to handle cross-border deals. Practice head Ira Dizengoff advises on a range of high-profile distressed and bankruptcy-related matters. Joining him is fellow co-head and restructuring lawyer Philip Dublin. Abid Qureshi represents lenders in restructuring litigation cases, while Michael Stamer represents creditors, lenders, and companies both in and out of court, while Scott Alberino, who is based in Washington DC, represents debtors, informal and official creditor committees, equity holders, and other stakeholders in restructuring and distressed transactions. Arik Preis, Sara Brauner and Brad Kahn are also recommended. All lawyers are based in New York, unless stated otherwise.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
‘The Akin restructuring team is among the most sophisticated and professional restructuring groups in the country.'
'They stand out in their depth and experience in dealing with and developing creative solutions for their assignments.'
'They have developed in-house financial/corporate expertise in liability management matters. They are the premier creditor-side law firm in the country.’
‘Their senior leadership team, consisting of Ira Dizengoff, Michael Stamer, and Philip Dublin are each at the top of their game, which makes them first among equals as the go-to creditor side restructuring firm.'
Key clients
- Ad Hoc Group of Lenders and Noteholders of Altice USA
- Ad Hoc Group of Convertible Noteholders of EchoStar
- Ad Hoc Group of Lenders of Bausch Health
- Official Committee of Unsecured Creditors of Purdue Pharma LP
- Official Committee of Unsecured Creditors of Steward Health Care
- Official Committee of Unsecured Creditors of Diamond Sports Group
- Ad Hoc Group of Noteholders of Ardagh Group
- Ad Hoc Group of Lenders of Marelli Holdings Co., Ltd.
- Elliott Investment Management – GOL Linhas Aéreas Inteligentes S.A
- Official Committee of Unsecured Creditors of SVB Financial Group
- Ad Hoc Group of Senior Secured Noteholders of Spirit Aviation
- Ad Hoc Group of Lenders and Noteholders of Liberty Puerto Rico
Work highlights
Advised the Official Committee of Unsecured Creditors in the Chapter 11 case of Steward Health Care, the largest private, physician-led health care network in the U.S., involving $9 billion in liabilities.
Represented an ad hoc group of lenders in the Chapter 11 cases of Marelli, a Japan-based multinational automotive supplier, involving $4.9 billion in liabilities.
Advised an ad hoc group of lenders in the Chapter 11 cases of American Tire Distributors, one of the largest independent suppliers of automotive parts and supplies, involving $1.9 billion in liabilities.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Sara Brauner
Brad Kahn
Practice head
Ira Dizengoff; Philip Dublin
Other key lawyers
Abid Qureshi; Michael Stamer; Scott Alberino; Arik Preis; Sara Brauner; Brad Kahn