United States • Finance
3

Restructuring (including bankruptcy): corporate

Morrison Foerster

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Morrison Foerster is best known for representing creditors in chapter 11 and restructuring processes; it advised the creditors’ committee in the headline successful challenge to Wesco’s liability management exercise. The firm does also act for debtors. Aviation, energy, retail, telecommunications, technology, banking and finance, manufacturing, real estate and automotive are key sectors for the business restructuring and insolvency group. Lorenzo Marinuzzi and Jennifer Marines are co-chairs of the team, which includes recent arrival from Dechert LLP Douglas Mannal, another experienced practitioner in creditor-side bankruptcy and restructuring mandates. Oksana Lashko also joined the team in 2024 from DLA Piper LLP (US), while Gary Lee is another experienced specialist in the area. All named individuals are based in New York.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘A full service firm that really does work together. In a restructuring context especially, I appreciate the coordination and the teamwork that MoFo exhibits in service to the client.’

  • ‘Douglas Mannal is a fierce advocate for his clients and a thorough, thoughtful lawyer. Doug's appreciation of how the many complexities beyond the financial agreements or bankruptcy law can affect a restructuring make him a great partner for his clients. He is also an effective coordinator of other legal resources when relevant. He has extensive knowledge of the law and a good head for how to apply it to restructuring situations.’

Key clients

  • CalPlant I Holdco
  • Thrasio Holdings

Work highlights

  • Served as debtors’ counsel to CalPlant in its Chapter 11 bankruptcy cases and the liquidating trust in a half-billion-dollar international arbitration against CalPlant’s primary contract party and engineer.
  • Represented the official committee of unsecured creditors of Thrasio Holdings and its affiliated debtors in Chapter 11 proceedings.