Orrick, Herrington & Sutcliffe‘s restructuring group, under the capable leadership of New York’s Raniero D’Aversa, is regularly sought out by creditors and debtors seeking assistance with Chapter 9 bankruptcies. The team is particularly adept at handling high-profile, high-value matters arising in the real estate sector, and most notably worked on City of Cle Elum, Washington State’s municipal bankruptcy, representing City Heights Holdings, LLC in its related claim. In San Francisco, Marc Levinson is the main point of contact and stands out for his considerable restructuring prowess. His experience includes acting as lead insolvency counsel in both the City of Stockton and the City of Vallejo’s municipal bankruptcies. He works alongside New York’s Lorraine McGowen, who is well-equipped to represent bondholder committees in sovereign debt restructurings, and stands out for acting on the Puerto Rico case. The department also benefits from the aptitude of Thomas Laryea, who is based in Washington DC and concentrates on restructurings involving government entities.
Legal 500 Editorial commentary
Key clients
- Suriname Bondholder Committee
- Venezuela Creditor Committee
- Steering Committee of the Ghana Eurobond Holders
- Trail End United for Change
- City of Stockton, California
- City Heights Holdings, LLC
Work highlights
Advising City Heights Holdings, LLC, the holder of a $25 million+ claim against the City of Cle Elum, Washington, which filed a chapter 9 case in Yakima, in response to a final judgment in favor of our client.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Thomas Laryea
Lorraine McGowen
Practice head
Raniero D’Aversa
Other key lawyers
Marc Levinson; Lorraine McGowen; Thomas Laryea