Squire Patton Boggs

Squire Patton Boggs is known for its wide-ranging expertise in chapter 11 cases, chapter 15 cross-border proceedings, chapter 9 municipal restructurings and other out-of-court workouts. It has an established record in corporate and municipal restructurings, and is noted for representing debtors, creditors and indenture trustees; it advised CSC Delaware Trust Company, as indenture trustee, in the $7bn WeWork chapter 11 case. The restructuring and insolvency team is also experienced in acquisitions of distressed assets. It benefits from the firm’s outstanding presence in the policy sphere, which is often deployed in restructurings that involve an M&A transaction that demands regulatory approval. The firm’s broad international coverage also makes it especially adept at cross-border restructurings. The team is led by Cincinnati and New York-based Stephen Lerner, who has more than 35 years of experience in restructuring and bankruptcy, and is primarily focused on debtor representation. San Francisco’s Karol Denniston has a similar level of experience in the field, both in company and municipal restructurings, with a strong focus on indenture trustee work, along with Jeff Rothleder in Washington DC. New York partner Norman Kinel is national chair of the creditors’ committee group.