Proskauer Rose LLP‘s bankruptcy and restructuring practice is fuelled to a large degree by the firm’s strength in private credit, resulting in a slew of private credit restructurings for the team. As a creditor-focused group, it has handled a series of high-value and large-scale restructurings, including representing the term loan lenders (KKR Capital, AresCapital and BlackRock Capital) in the restructuring of over $1.5bn of Kellermeyer Bergensons Services’ debt. It also represents borrowers, debtors, unsecured creditors, boards of directors and other constituencies. David Hillman and Vincent Indelicato are global Co-chairs of the business solutions, governance, restructuring and bankruptcy group, with the former also co-heading the private credit restructuring group. Both are based in New York.
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Accolades

Client satisfaction

Key clients

  • Ad Hoc Group of First Lien Lenders of KBS
  • Ad Hoc Group of First Line Lenders of Red Lobster
  • Prospect Capital
  • Sixth Street Capital
  • Ad Hoc Group of Excluded Lenders of C1
  • Ad Hoc Group of Excluded Lenders of Robertshaw
  • KKR Credit Advisors
  • Brighton Marine
  • Ares Capital (Shoes for Crews)
  • Ad Hoc Group of Secured Noteholders of Lucky Bucks

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.

Practice head

David Hillman; Vincent Indelicato