Wachtell, Lipton, Rosen & Katz combines restructuring expertise with the firm’s M&A, finance and litigation capabilities, advising companies, financial sponsors and investors across Chapter 11 cases and liability management transactions. New York-based Joshua Feltman advises creditors and distressed investors in significant liability management exercises and out-of-court financing transactions. Emil Kleinhaus focuses on litigation and advisory work in bankruptcy, insolvency and creditors’ rights, with a record in appellate liability management and uptier transaction disputes. Michael Benn represents borrowers, creditors and distressed investors across financing and restructuring matters. Benjamin Arfa and Michael Cassel are also key names in New York.
Legal 500 Editorial commentary
Key clients
- Medical Properties Trust, Inc. – Steward Health Care
- Jefferies – First Brands Group
- Medical Properties Trust, Inc. – Prospect Medical Corp
- An Ad Hoc Group of Second Lien Noteholders of AMC Entertainment
- Freeport-McMoran, Inc.
- Mitel Networks
- Mohegan Tribal Gaming Authority
- The RealReal, Inc.
- Abra Group Limited
- An Ad Hoc Group of Lenders and Noteholders of Springs Window Fashions
- An Ad Hoc Group of Senior Secured Noteholders of InfraBuild Australia Pty Ltd
- Ad Hoc Group of ABS Noteholders of Village Roadshow Entertainment Group
- ConocoPhillips Petrozuata
Work highlights
Advised Freeport-McMoRan in connection with legacy talc-related litigation and negotiating a proposed global settlement of talc-related liability; coordinating the chapter 11 filing of an indirect subsidiary to implement the settlement; and bringing claims against Johnson & Johnson to enforce indemnity rights.
Advised Mitel Networks and affiliated entities in ongoing restructuring litigation brought by nonparticipating lenders challenging an uptier exchange liability management transaction.
Advised ConocoPhillips in relation to their interest as creditors in a company in ongoing bankruptcy litigation.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Joshua Feltman; Emil Kleinhaus
Other key lawyers
Michael Benn; Benjamin Arfa; Michael Cassel