Davis Polk & Wardwell LLP handles complex in-court and out-of-court restructurings, liability management exercises, distressed M&A and bankruptcy litigation for companies, boards, institutional investors and fulcrum creditors. New York-based Marshall Huebner represents debtors and creditors in landmark Chapter 11 cases spanning pharmaceuticals, aviation and retail. Damian Schaible advises creditor constituencies and ad hoc groups on liability management transactions and out-of-court restructurings. Donald Bernstein advises financial institutions across major corporate restructurings and insolvency proceedings. Timothy Graulich handles cross-border restructurings with a focus on Latin America and Asia, while Brian Resnick advises on restructurings and liability management transactions. Darren Klein and Natasha Tsiouris are also key names in New York.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Key clients

  • Purdue Pharma
  • Spirit Airlines
  • Azul
  • Big Lots
  • One Madison Group
  • Rent the Runway
  • Digital Currency Group
  • Barclays Bank
  • Centerbridge Partners
  • UBS Securities

Work highlights

Advised Azul S.A. through a successful chapter 11 restructuring, securing $1.6 billion in DIP financing and confirming a largely consensual reorganization plan.
Advised Purdue Pharma in its landmark chapter 11 case, guiding the company through a complex opioid settlement and securing a comprehensive plan of reorganization.

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.

Practice head

Marshall Huebner; Damian Schaible

Other key lawyers

Donald Bernstein; Timothy Graulich; Brian Resnick; Darren Klein; Natasha Tsiouris