Sidley Austin LLP

Sidley Austin LLP consistently lands major engagements from debtors, creditors and investors, though has made its biggest impression on the company side. It has a significant presence in out-of-court restructurings and Chapter 11 bankruptcy cases. The firm is also rated for its cross-border expertise, including Chapter 15 filings. Stephen Hessler leads the global practice, has immense experience in domestic and cross-border matters, including successfully targeting the distressed Chinese real estate market; the team recently represented Sunac China Holdings in the restructuring of its $10.2bn offshore debt. Anthony Grossi and Thomas Califano are also notable partners, along with Duston McFaul in Houston. Named individuals are based in New York unless stated otherwise.