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Cadwalader, Wickersham & Taft LLP
Ballard Spahr LLP
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
O'Melveny brings extensive municipal restructuring expertise to the market, drawing on the experience and resources of multiple offices in the US. The firm has strategic advisory, transactional and litigation expertise in the restructuring and bankruptcy field. It has continued to land significant roles in the market, including representing Puerto Rico Electric Power Authority (PREPA) and AAFAF in the financial and operational restructuring of PREPA under Title III of PROMESA, valued at $8bn to $10bn. New York partner John Rapisardi chairs the global restructuring practice and recently represented the State of Hawaii in the potential financial restructuring of HECO following the Lahaina wildfires. Maria DiConza is another experienced practitioner in the municipal restructuring segment, especially in in-court restructurings. Matthew Kremer is also a key member of the team. All named individuals are based in New York.
Legal 500 Editorial commentary
Key clients
- Puerto Rico Fiscal Agency and Financial Advisory Authority
- Puerto Rico Aqueduct and Sewer Authority
Work highlights
- Represented Puerto Rico Electric Power Authority and the Puerto Rico Fiscal Agency and Financial Advisory Authority in protecting the interests of the Government of Puerto Rico in the financial and operational restructuring of PREPA under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act.
- Served as restructuring and litigation counsel for the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF) in post-closing matters related to the now-confirmed Title III restructuring proceeding for the Commonwealth of Puerto Rico.