North America - United States • Finance
King & Spalding LLP
King & Spalding LLP handle a range of domestic and cross-border restructuring mandates, with Arthur Steinberg in New York representing a full range of clients in restructuring workouts and bankruptcy proceedings, including debtors, secured and unsecured creditors, as well as official and ad-hoc committees. Austin Jowers in Atlanta is experienced in multi-jurisdictional matters spanning a variety of industries, while Jeff Dutson, also in Atlanta, represents banks and secured lenders in workouts and bankruptcy matters. Lindsey Henrikson in Chicago is a name to watch owing to her expertise in structuring out-of-court workouts, including strict foreclosure transactions.
Legal 500 Editorial commentary
Key clients
- Antares Capital
- Apollo Capital Management, L.P.
- Arbour Lane Capital Management
- Archegos Capital Management
- Babcock & Wilcox Enterprises, Inc.
- Assured Investment Management (f/k/a BlueMountain Capital)
- Capital One, NA
- Cerberus Capital Management
- Citibank
- Citizens Bank
- First Eagle Investment Management
- Fortress Investments Group
- GDB Debt Recovery Authority
- General Motors LLC
- Highbridge Capital
- JP Morgan
- KKR Credit Advisors
- Shiloh Industries
- Truist
Work highlights
- Represented an ad hoc group of prepetition Term Loan and Secured Notes holders with over $1 billion of secured debt claims against Talen Energy Corporation and certain of their subsidiaries and affiliates in connection with the confirmation and effectiveness of Talen’s plan of reorganization after filing for chapter 11 bankruptcy in the Southern District of Texas Bankruptcy Court on May 9, 2022.
- Representing Refinería de Cartagena S.A.S. in connection with pre-insolvency proceedings filed by McDermott International’s subisdiaries in the United Kingdom and the Netherlands and a related Chapter 15 filing for recognition of the foreign proceedings in the Southern District of Texas.
- Representing certain lenders to Boardriders as plaintiffs in connection with causes of action brought against Boardriders and certain of its other lenders in connection with a purported priming loan transaction entered into by Boardriders and such lender-defendants.
Practice head
The lawyer(s) leading their teams.
Todd Holleman, Jennifer Daly