With a strong financial restructuring practice, Dechert advises bondholders across restructuring, insolvency, and reorganization cases. The team’s mandates often include Chapter 11 and Chapter 15 proceedings. Spearheading the practice are Allan Brilliant, who brings significant experience advising bondholders on cross-border restructurings and reorganizations, with a focus on Latin America, and Stephen Zide, who handles Chapter 11 bankruptcy and out-of-court restructuring issues. They are joined by financial restructuring specialist Shmuel Vasser, Connecticut-based Eric Brunstad, and Jeffrey Katz, who supports clients on domestic and cross-border leveraged finance transactions. Another key name is David Herman. All lawyers are based in New York, unless stated otherwise.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
‘Extremely knowledgeable and hugely competent attorneys. Deep understanding of relevant statutes and precedent, with a strong ability to craft its client's arguments in light of statutes and precedent.’
‘We hold Stephen Zide in the highest regard. We often look to him to help with the most complex situations.'
‘They produce results with a strong team of lawyers. they do not overpromise. ’
‘Eric Brunstad is a brilliant litigator. He and Stephen Zide did a great job of managing client expectations.'
‘Commercial and able to run a large, diverse ad hoc group of funds efficiently.'
‘Stephen Zide, David Herman and Eric Brunstad were exceptional.'
Key clients
- The PREPA Ad Hoc Group
- Ad Hoc Group of Bondholders of WOM
- A First Lien Lender Group of At Home Group
- The Ad Hoc Group of Secured and Unsecured Bondholders of GOL Linhas Aéreas Inteligentes S.A.
- Ad Hoc Group of Minority Lenders to Del Monte
- The Ad Hoc Group of Lenders to Tupperware Brands Corporation
- The Ad Hoc Group of Telefónica del Perú S.A.A.’s Noteholders
- Altamira Investments II, SCSp
- Copernico Recovery Fund
- Banque du Liban
- The ad hoc group of Abra noteholders
- Official Committee of Unsecured Creditors for Eletson Holdings
Work highlights
Represents the PREPA Ad Hoc Group (the “Group”) formed in connection with the Title III reorganization of the Puerto Rico Electric Power Authority (PREPA), one of several debtors in the Commonwealth of Puerto Rico Title III cases and related litigation.
Advised the Ad Hoc Group of Bondholders of WOM SA, a Chilean telecommunications provider, in connection with WOM’s Chapter 11 bankruptcy cases.
Represented an ad hoc group of lenders on the successful restructuring of At Home Group Inc. (At Home) and its emergence from Chapter 11
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Allan Brilliant; Stephen Zide
Other key lawyers
Shmuel Vasser; Jeffrey Katz; Eric Brunstad; David Herman; Alon Goldberger