Kirkland & Ellis LLP advises a range of companies facing financial turmoil. The team deals with a variety of domestic and cross-border restructuring and insolvency matters, including Chapter 11 proceedings. Spearheading the practice are New York-based partners Edward Sassower, who represents debtors, creditors, and distressed or special situations investors in bankruptcy cases, out-of-court restructurings, and acquisitions, and Joshua Sussberg, who is a well-respected restructuring and liability-management attorney. Chicago-based Ross Kwasteniet represents buyers and sellers of distressed assets as well as Chapter 11 reorganizations. Patrick Nash, who is also based in Chicago, brings cross-border insolvency experience. Steven Serajeddini advises ad hoc committees, private equity firms, and other investors on capital structure and liquidity, while Anup Sathy, who is based in Chicago, has over 30 years of experience advising clients on balance sheets and capital structure solutions, workouts, and corporate restructurings. Christine Okike and Christopher Greco, both based in New York, represent companies, sponsors, investors, and creditors in liability management transactions, recapitalizations, and restructurings. Other key names include New York-based Ciara Foster and Nicole Greenblatt.
Legal 500 Editorial commentary

Accolades

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

Testimonials

Collated independently by Legal 500 research team.

  • A very thoughtful group of lawyers - Josh Sussberg, Edward Sassower, Chris Marcus, Rachael Bentley, Ross Fiedler, and Steve Serajeddini are top-notch. An absolute pleasure working with them.
  • Very strong group with a deep bench. A well-oiled machine.

Key clients

  • Accuride Corporation
  • American Tire Distributors, Inc.
  • Anthology, Inc.
  • Ascend Performance Materials Holdings Inc.
  • At Home Group, Inc.
  • Claire’s Holdings LLC
  • Digital Media Solutions Inc.
  • Franchise Group, Inc.
  • Global Clean Energy Holdings
  • JOANN Inc.
  • Kleopatra Finco S.à. r.l. (Klöckner Pentaplast)
  • Liberated Brands LLC

Lawyers

Hall of Fame

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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

Edward Sassower; Joshua Sussberg

Other key lawyers

Ross Kwasteniet; Patrick Nash; Steven Serajeddini; Anup Sathy; Christine Okike; Christopher Greco; Ciara Foster; Nicole Greenblatt; Chad Husnick; Chris Marcus, Rachael Bentley, Ross Fiedler