Experienced bankruptcy and out-of-court workout lawyer Raniero D’Aversa chairs the New York-based team at Orrick, Herrington & Sutcliffe, which acts for private credit providers, banks and investors in complex matters across Chapter 11, Chapter 7, debt finance restructurings, cross-border restructurings, liability management, and contested situations. The group includes Laura Metzger, who is well-versed in fintech and real estate restructuring mandates, and Robert Trust, who focuses on special situations and is particularly experienced in acting for alternative capital providers in distressed investments, Chapter 11 cases and out-of-court restructurings. David Litterine Kaufman is a key name for contested proceedings and litigation related to bankruptcy and insolvency.
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Testimonials
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- David and his team are a pleasure to work with. Meetings are efficient and to the point. I feel that we are able to discuss complex crypto and legal topics in a collaborative and constructive manner to reach the best approach for our case.
- I have worked closely with Raniero D'Aversa, Laura Metzger, Adam Ross, and Nick Sabatino over many years, and I enjoy working with all of them. All are laser-focused on representing the client's interests, but also on finding solutions and a path to the best possible resolution given the specific circumstances.
- The two partners, Evan Hollander and David Litterine-Kaufman, were attentive to details, and they answered my concerns while giving me appropriate advice. Several associates also participated in my preparation, and the one associate who simulated the cross-examination was particularly effective and stood out.
- Raniero D'Aversa and his team provided realistic timelines for the process and worked tirelessly to ensure that these were met. Each member of the team was well-versed in the issues we faced and followed up to ensure no loose ends were missed.
- ‘One-stop knowledge shop. Whatever it is you're doing, they seem to have an expert for it.’
- The team is business-focused with strong legal knowledge and works towards the client's desired solutions. They have worked with us on a number of cross-border issues and provide good insight into issues faced by these restructurings.
- The whole team that I've worked with is amazing. Ron D'Aversa and Nick Sabatino have a knack for getting the business done without coming off like a typical lawyer.
- I've been working with the Orrick restructuring team led by Raniero D'Aversa, and I have always been expertly advised and achieved the best possible outcomes. The team is highly knowledgeable, experienced, and responsive. The team builds bridges to the other professionals (legal, financial advisors, etc.) involved in a case and works diligently to find common ground and deliver reasonable solutions.
- I primarily work with David Litterine Kaufman at Orrick. David provides great advice and service to PLL in defending against legal complaints. David explains legal matters clearly and succinctly, and he is a pleasure to work with. David and his team are able to help us navigate through the intersection of crypto and bankruptcy, which requires the team to quickly understand crypto-related concepts.
Key clients
- Royal Bank of Canada
- The Official Committee of Unsecured Creditors of Liquidating Supply, Inc.
- HA Sustainable Infrastructure Capital, Inc.
- UBS
- Chapter 7 trustee, Allison D. Byman
- Plutus Financial Inc. d/b/a Abra, Plutus Lending LLC and Abra Trading LLC
- Bank of Nova Scotia
Work highlights
Advised RBC in connection with the Basic Fun bankruptcy and the successful restructuring of RBC’s mezzanine debt facility.
Advising Plutus Financial Inc. (d/b/a Abra), Plutus Lending LLC, and Abra Trading LLC in defending against claims asserted by the litigation trust established under the confirmed Chapter 11 plan of Prime Core Technologies, Inc.
Advising the Bank of Nova Scotia as first lien secured lender in connection with the Joriki Chapter 7 bankruptcy case in Delaware.
Practice head
Raniero D’Aversa
Other key lawyers
Laura Metzger; Robert Trust; David Litterine Kaufman; Evan Hollander; Adam Ross; Nick Sabatino