Norton Rose Fulbright
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Norton Rose Fulbright is a reference in the US municipal restructuring and bankruptcy market, acting on the key Chapter 9 cases of recent, including Puerto Rico, Detroit, and Jefferson County. The group’s longstanding reputation for handling high-profile, high-value mandates makes it a go-to for bondholders, non-profits, creditors, and debtors seeking assistance on complex municipal debt adjustment proceedings, restructurings, and bankruptcies, as well as Title III proceedings, bond restructurings, and out-of-court settlements. At the helm of the practice is New York’s Eric Daucher, who comes highly recommended for his municipal restructuring, Chapter 9 bankruptcy, and Title III restructuring prowess. He is regularly turned to by stakeholders, debtors, and creditors’ committees. Daucher is supported by Dallas-based Ryan Manns, an expert in both in and out-of-court restructurings, with a focus on the non-profit, healthcare, and senior living sectors. He is also well-equipped to advise on related transactions and litigation. In LA, Rebecca Winthrop is the name to note, with considerable experience representing creditors and purchasers of distressed assets in financial restructurings and insolvency proceedings, in addition to out-of-court workouts.
Legal 500 Editorial commentary
Key clients
- Borough of East Rutherford, New Jersey
- Ralston Creek Senior Living
Work highlights
Advised Syncora Guarantee in connection with the Title III plan of adjustment for the Puerto Rico Highways and Transportation Authority.


