Jones Day covers a full array of restructuring issues in the US and abroad for debtors and creditors. The practice also assists US and non-US clients seeking to expand their international operations. Practice head Heather Lennox, who splits her time between New York and Cleveland, handles in- and out-of-court corporate and municipal restructurings. Corinne Ball brings nearly 40 years of experience across business financing and restructuring, with a focus on corporate reorganization and distressed acquisitions. Los Angeles-based Bruce Bennett assists debtors, creditors, and business acquirers in large corporate reorganization proceedings, and Cleveland-based Carl Black counsels clients in corporate governance, structuring, and consummation of spin-offs, secured financings, distressed sales and acquisitions, and ring-fencing transactions. Other key names on the team include Thomas Wearsch, who splits his time between New York and Cleveland, Dan Moss, who is based in Washington, and Los Angeles-based Joshua Mester.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- The key insights to navigating complex and sometimes never-before-done work. Particularly, Dan Moss completed the first StarRug in Germany.
- They take accountability appropriately and remain positive with management. They focus on solutions rather than finger-pointing, and they are particularly able to work with a diverse set of individuals.
Key clients
- Diocese of Rockville Centre
- LLT Management LLC and Red River Talc LLC, an affiliate of Johnson & Johnson
- Fidelity Management and Research Company and other secured creditors of Sanchez Energy Corporation (n/k/a Mesquite Energy Corporation)
- Aldrich Pump LLC and Murray Boiler LLC
- Bestwall LLC, an affiliate of Georgia-Pacific LLC
- Vintage Wine Estates, Inc.
- Cleveland Guardians Baseball Company, LLC
- Canyon Capital Advisors LLC and Arini Capital Management Limited (Ardagh Creditors)
- The Boeing Company
- Rosebud Mining Co.
- Farooq Ahmad Mann, foreign representative of Wayne Burt Pt. Ltd (in Liquidation) (Wayne Burt)
- Aurelius Investment Advisory Limited – The Body Shop International Limited (in administration) (TBSI), owner of Body Shop group
Work highlights
Advising the Diocese of Rockville Centre, which used a hybrid bankruptcy to protect itself, parishes, schools, and ministry, and to provide meaningful compensation to claimants after they faced hundreds of Child Victims Act abuse lawsuits.
Won a unanimous Fifth Circuit reversal in Sanchez Energy’s bankruptcy case, securing $700 million in Mesquite equity for it clients, the Ad Hoc Group. The Fifth Circuit held the Ad Hoc Secured Creditors were entitled to 100% equity under superpriority liens, rejected hypothetical section 550(a) claims, and applied the single-satisfaction rule because the liens were returned.
Represented Vintage Wine Estates and 11 subsidiaries through Chapter 11.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Heather Lennox
Other key lawyers
Corinne Ball; Bruce Bennett; Carl Black; Thomas Wearsch; Dan Moss; Joshua Mester; Benjamin Rosenblum