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North America - United States • Finance

Weil, Gotshal & Manges LLP

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Led by heads Matt Barr, Gary Holtzer and Ray Schrock, Weil, Gotshal & Manges LLP handles complex restructuring matters alongside every type of consensual and litigated restructuring transactions. The firm has served as chief debtors’ counsel in a number of major bankruptcy filings, as well as representing clients in complicated international insolvencies. In the case of Talen Energy Supply, LLC and its direct and indirect wholly owned subsidiaries, New York based Matt Barr and Alexander Welch advised Talen Energy Supply in connection with their evaluation of strategic alternatives with respect to $5bn in funded indebtedness. The team is part of a global network, utilizing its offices in London, Paris, Frankfurt, Munich, Hong Kong, Beijing and Shanghai to assist on restructuring matters across the globe. Garrett Fail’s practice covers all aspects of domestic and international debt restructurings, including crisis management and corporate governance, while Ronit Berkovich represents a range of parties across the debtor and creditor landscape, including acting as debtors’ counsel in large chapter 11 cases. Jeffrey Saferstein practices in corporate restructurings and workouts, as well as bankruptcy and specialized financings. Candace Arthur is noted for her advisory services for a range of parties in out-of-court and in-court domestic and international corporate restructurings. Kelly DiBlasi and Jessica Liou are names to watch, and Lauren Tauro was promoted to partner in January 2023. Unless otherwise stated, all lawyers included are based in New York.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Weil's Bankruptcy/Restructuring: Weil's deep and broad subject matter expertise makes them one of the only firms that can handle ANY debtor side mandate at the highest quality level. Decades of complex company-side representations has resulted in a practice culture DNA that enables them to optimally advocate for their clients both legally and in the sphere of deal negotiation.’

Key clients

  • Core Scientific
  • Western Global Airlines
  • Digital Currency Group
  • Sunlight Financial
  • Air Methods
  • Scandinavian Airlines System
  • Serta Simmons
  • Softbank
  • Catalina Marketing
  • iFIT Health & Fitness Inc.
  •  

Work highlights

  • Assisted Scandinavian Airlines with its chapter 11 cases with approximately $1.35 billion in total funded debt obligations.
  • Represented Air Methods Corporation in connection with its chapter 11 cases with approximately $2.24 billion in total funded debt obligations.
  • Counsel to the Official Committee of Unsecured Creditors in connection with the chapter 11 cases of Cineworld Group PLC with approximately $5.35 billion in total funded debt obligations.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next generation partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Matt Barr, Gary Holtzer, Ray Schrock

Other key lawyers

Alexander Welch, Garrett Fail, Ronit Berkovich, Candace Arthur, Jeffrey Saferstein, Kelly DiBlasi, Jessica Liou, Lauren Tauro