Based in Los Angeles, Robert Klyman serves as head, acting for creditors, companies, acquirers and boards of directors in workouts in restructurings. The group is also well-versed in distressed M&A and litigation stemming from insolvencies and restructurings. Wilmington-based Craig Martin is a key name for cross-border bankruptcy proceedings and distressed asset transactions. Rachel Ehrlich Albanese has left the firm.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency

Testimonials

Collated independently by Legal 500 research team.

  • ‘A seasoned team with a wide variety of restructuring experience. Includes an deep understanding of the concerns and motivations of other parties in interest. Excellent grasp of legal issues surrounding a variety of scenarios. Problem-solving orientation. Useful advice to limit risks to client in a variety of contexts.’

  • ‘Very responsive. Understand the company's business. Excellent assessment of challenges.’

  • ‘Robert Klyman may be one of the smartest, most capable Biglaw lawyers outside of NYC.’

  • ‘This restructuring and bankruptcy practice is distinguished by its ability to combine sophisticated legal analysis with practical, commercially grounded solutions in the most complex and high-stakes situations. The team is known for guiding clients through moments of significant financial stress with clarity, creativity, and confidence, delivering outcomes that preserve value, protect reputations, and position businesses for long-term success.’

  • ‘The attorneys work seamlessly across restructuring, finance, litigation, M&A, tax, and regulatory disciplines to provide holistic advice tailored to each client’s specific circumstances. Clients benefit from senior-level attention throughout a matter, with partners deeply involved and accessible at all stages.’

  • ‘Ability to handle variety of matters, in numerous industries, in many capacities. In particular, the firm is able to represent companies in distress, lenders, plan sponsors/buyers, and other significant stakeholders. ’

  • ‘Robert Klyman, partner in the Los Angeles, CA office, is the cream of the crop in terms of the national restructuring practice. He is best suited for company side engagements, but aptly able to handle any other role in a manner the best positions the client for success.’

Key clients

  • AYR Wellness, Inc.
  • Chemonics International, Inc.
  • Domain Capital Group
  • Japan Bank for International Cooperation
  • KBS REIT
  • LUMA Energy, LLC
  • MCC Network Services
  • MedImpact Healthcare Systems
  • Pennsylvania Real Estate Investment Trust
  • President and Fellows of Harvard College
  • Talis Biomedical
  • Teal Jones Group
  • Volvo Trucks AB
Practice head

Robert Klyman

Other key lawyers

Craig Martin: Scott Layfield; Oksana Koltko Rosaluk; David Riley