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Morrison Foerster

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Morrison Foerster‘s business restructuring and insolvency group is led by Jennifer Marines and Lorenzo Marinuzzi  and is noted for their ’outside of the box thinking‘ in creditor representation, including representing creditors’ committees. Gary Lee has a split practice in representing debtors and creditors in domestic and cross-border restructuring and liquidation proceedings, while Theresa Foudy’s expertise extends to bankruptcy litigation, having represented Chapter 11 debtors, indenture trustees, secured and unsecured creditors. Miranda Russell is a name to watch for her representation of various parties in corporate restructurings and chapter 11 bankruptcy cases. Douglas Mannal is noted for his work with creditors and joined the team from Dechert LLP in March 2024. All lawyers mentioned are based in New York.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Morrison Foerster Restructuring team is brilliant, innovative and very focused on satisfying client needs. They think outside of the box and welcome challenging cases in which there is no case law and creative/independent thought prevail. Their written work product is turnkey, and I strongly recommend them for insurance insolvency-related work in particular.’

  • ‘Gary Lee is a rock star, if there is such a thing in the restructuring world. He is very smart, kind to his clients and innovative. He loves a challenging query, and he has a vast amount of experience. I have not worked with any lawyers more talented than him in his field of expertise. He also has a very strong team accompanying him, which can produce compelling work product on very short notice.’

  • ‘Andrew Kissner is a Counsel who is on the rise, very bright and creative. James Newton is a more junior partner who has counseled us strongly over the years on a cross-border insurance insolvency.’

  • ‘They have a good creditor side bankruptcy practice.’

  • ‘Seth Kleinman is a good lawyer, commercial and user friendly.’

Key clients

  • CalPlant I Holdco, LLC and CalPlant I, LLC
  • Clovis Oncology, Inc.
  • Wesco Aircraft Holdings, Inc./Incora
  • Peer Street, Inc.
  • Columbia Pulp I, LLC
  • MatlinPatterson Global Advisers LLC
  • AIG Financial Products Corp
  • VMware, Inc.
  • Nevro Corp.
  • A secured creditor in connection with the chapter 11 cases of Coin Cloud
  • Alter Domus (f/k/a Cortland Capital Market Services)
  • Ad hoc group of lenders to an operator of digital and brick-and-mortar specialty pharmacies
  • Ad hoc group of lenders to an omnichannel video conferencing solutions provider
  • Altamont Capital Partners
  • Technology-focused venture capital fund

Work highlights

  • Served as bankruptcy counsel to CalPlant I Holdco, LLC and CalPlant I, LLC in their chapter 11 bankruptcy cases.
  • Served as counsel to the official committee of unsecured creditors of Clovis Oncology, Inc., and its affiliated debtors, following Clovis filing for chapter 11 bankruptcy.
  • Served as counsel to the official committee of unsecured creditors of Wesco Aircraft Holdings, Inc., and its affiliated debtors, following Incora filing for chapter 11 bankruptcy.

Practice head

The lawyer(s) leading their teams.

Jennifer Marines, Lorenzo Marinuzzi

Other key lawyers

Theresa Foudy, Gary Lee, Miranda Russell, Seth Kleinman, Andrew Kissner, James Newton, Ben Butterfield, Douglas Mannal