Arnold & Porter advises clients across a broad range of sectors on complex restructuring involving syndicated loans, hedge funds acquiring distressed businesses, and distressed companies. Spearheading the practice is Chicago-based Michael Messersmith, who focuses on assisting ad hoc groups of lenders and bondholders in large syndicate loan restructuring. Tyler Nurnberg, who is also based in Chicago, represents creditors in complex restructurings and debtors in Chapter 11 out-of-court restructurings. New York-based Benjamin Mintz drafts complex agreements and litigates cross-border matters, including sovereign representations. Rosa Evergreen is an experienced bankruptcy and restructuring partner based in Washington DC.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Key clients
- Arbour Lane Capital Management LP
- US Bank
- UMB Bank
- Vecima Inc.
- FitzWalter Capital
- Furniture Asset Partners
- LoanCore Capital
- AT&T
- Glove Assets Investment Ltd.; Truly Great Global Ltd.; Universal Leader Investment Ltd.
- Novo Advisors LLC
- Providence Health
- Novartis Innovative Therapies AG
Work highlights
Represents BP in several major bankruptcy proceedings, including McDermott and Limetree, successfully protecting BP’s interests through complex cross-border disputes at the intersection of bankruptcy, environmental law, and litigation.
Represented Novartis Innovative Therapies AG as the successful Section 363 stalking horse purchaser of key Clovis Oncology assets, navigating a cross-border transaction involving U.S. bankruptcy law, experimental cancer-drug rights, and related European licensing arrangements.
Represents major investors and creditors in the cross-border Zetta Jet bankruptcies, achieving a complete victory through dismissal of all trustee claims, affirmation on appeal, and a favorable settlement resolving U.S. and Singapore litigation.
Practice head
Michael Messersmith
Other key lawyers
Tyler Nurnberg; Benjamin Mintz; Rosa Evergreen