Bankruptcy and Financial Restructuring TRANSACTIONAL

From billion-dollar fraudulent transfer litigation and appellate resolution of cutting-edge bankruptcy issues to multi-national Chapter 11 restructurings, WilmerHale has been at the forefront of complex financial restructuring and bankruptcy litigation and policy matters for decades.

Legal issues in bankruptcy are often complex and evolve at a fast pace. Addressing these issues requires the persistence, focus and dedication of counsel with sophisticated legal skills in order to turn difficult financial issues into opportunities. Our lawyers have decades of experience advising clients in virtually all aspects of financial restructuring matters—both in and out of court—and in complex bankruptcy litigation, regulation and policy matters across the globe. We collaborate regularly with lawyers in the firm’s corporate, debt finance, securities, derivatives, real estate, tax, international trade, intellectual property, venture capital, regulatory, and insurance groups to advise clients and achieve successful results for them. We have extensive experience where bankruptcy and financial institutions issues intersect, and on matters where bankruptcy and intellectual property issues overlap.


Sort By

Philip D. Anker

Co-Chair, Bankruptcy and Financial Restructuring Practice Group

+1 212 230 8890 (t)

Goldman, Andrew N.

Andrew N. Goldman

Co-Chair, Bankruptcy and Financial Restructuring Practice Group

+1 212 230 8836 (t)


Philip D. Anker


+1 212 230 8890 (t)

Goldblatt, Craig

Craig Goldblatt


+1 202 663 6483 (t)

Goldman, Andrew N.

Andrew N. Goldman


+1 212 230 8836 (t)

Ochs, Justin L.

Justin L. Ochs


+1 202 663 6303 (t)

Schnall, Matt

Matthew Schnall


+1 617 526 6892 (t)

Sigel, John

John D. Sigel


+1 617 526 6728 (t)

White, Thomas W.

Thomas W. White


+1 202 663 6556 (t)

Class, Jamie N.

Jamie N. Class

Special Counsel

+1 617 526 6871 (t)

Manzer, Nancy L.

Nancy L. Manzer

Special Counsel

+1 202 663 6183 (t)


Bankruptcy Litigation, Regulation and Policy

  • Defended a Fortune 20 company against a suit brought by a litigation trust on behalf of creditors of a former subsidiary in US District Court, related to the spinoff of the former subsidiary prior to its bankruptcy.
  • Tried and settled claims of the Getty Petroleum Marketing Inc. estate against multi-national defendant Lukoil, related to Lukoil’s spinoff of Getty, following the assignment of those claims to a liquidating trust through Getty’s confirmed Chapter 11 plan.
  • Represented a leading national mortgage servicer in connection with a number of disputes in bankruptcy courts across the country relating to the treatment of home mortgages in Chapter 13, and in connection with its residential mortgage business generally, helping the bank to navigate the evolving policy and regulatory regimes in that area.
  • Represented financial institutions in their defense of claims arising from the Lyondell and Tribune Company bankruptcies, related to the leveraged buyouts that preceded those bankruptcy filings, as well as other financial institutions in their defense of claims relating to the bankruptcies of Refco and the SPhinX Funds.
  • Represented the Loan Syndication and Trading Association as amicus curiae in the US Supreme Court RadLAX case, regarding the right of a secured creditor to credit bid its claim in bankruptcy, and the Securities Industry and Financial Markets Association as amicus curiae in a Second Circuit Madoff appeal, regarding the Bankruptcy Code’s safe-harbor provisions relating to securities contracts.

Financial Restructuring

  • Represented the Official Committee of Unsecured Creditors in the Chapter 11 cases of Getty Petroleum Marketing, Frontier Airlines, and Alamo/National Car Rental.
  • Represented lenders and bondholders in the restructurings and exchanges of Tribune, American Airlines, Bicent Power, RJ O’Brien, Inergy, ATA Holdings, Satmex and McLeod.
  • Represented the first-lien agents and DIP agents in the Chapter 11 cases of Digital Domain Media Group and Workflow Management.
  • Represented Constar, KB Toys, Kmart, and PSINet as debtors in their Chapter 11 restructurings, and the involuntary petitioners in the Chapter 11 filing for a Houston sports cable network.
  • Represented buyers and sellers in Section 363 sales in the bankruptcy cases of Kodak, Coach America, Nortel, BearingPoint and TLO, among others.

Publications & News


March 31, 2017

Supreme Court Rules in Favor of WilmerHale Client in Closely Watched Bankruptcy Law Case

WilmerHale earned a significant victory when the US Supreme Court ruled in favor of the petitioner and WilmerHale client—a group of truck drivers formerly employed by Jevic Transportation Inc.—in Czyzewski v. Jevic, finding that so-called “structured dismissals” to end Chapter 11 cases cannot be used in a way that violates the Bankruptcy Code's priority scheme.

February 15, 2017

WilmerHale Among Recipients of The M&A Advisor's Restructuring Community Impact Deal of the Year Award

The M&A Advisor's 11th Annual Turnaround Awards honors WilmerHale as a recipient of the Restructuring Community Impact Deal of the Year Award for the firm's work on the restructuring of Jumio, Inc.

December 2, 2016

Thomas White Appointed to Financial Accounting Standards Advisory Council

The FASAC is responsible for advising the Financial Accounting Standards Board (FASB) on strategic issues, project priorities, and other matters that affect accounting standard setting.

November 28, 2016

Craig Goldblatt Elected as National Bankruptcy Conference Conferee

The NBC is a nonprofit, non-partisan, self-supporting organization of approximately 60 lawyers, law professors and bankruptcy judges whose primary purpose is to advise Congress on the operation of bankruptcy and related laws and any proposed changes to those laws.

November 23, 2016

WilmerHale Team Wins Precedent-Setting Third Circuit Bankruptcy Case

In a unanimous decision, a panel of the US Court of Appeals for the Third Circuit held that holders of first-lien notes represented by the firm were entitled to a make-whole payment that could amount to approximately $431 million, together with interest.

June 20, 2016

Benjamin Loveland Honored Among M&A Advisor's 40 Under 40

Loveland was named to the 7th Annual 40 Under 40 Emerging Leaders, a global recognition honoring leading dealmakers, legal advisors and others in the mergers and acquisitions, financing and turnaround markets.

May 27, 2016

WilmerHale Lawyers and Practices Recognized in 2016 Edition of Chambers USA

Chambers USA: America's Leading Lawyers for Business announced its final rankings for the 2016 edition, with WilmerHale ranking among the nation's best in 47 practice area categories. Chambers also ranked 82 WilmerHale lawyers as leaders in their respective fields.

May 9, 2016

Cross-Border, Cross-Debtor, Multi-Debtor Issues in Proceedings

In this article published in the American Bankruptcy Institute Journal, Vol. XXXV, No. 5, George Shuster and Benjamin Loveland explore cross-border cases, which can present complex problems between the debtor and its creditors, and the complexities in the relationships among international debtors from the same corporate family.

March 11, 2016

PAREXEL Closes $750M Unsecured Loan

WilmerHale represented PAREXEL International Corporation—a leading global biopharmaceutical services organization—in a $750 million unsecured term loan and revolving credit facility, which closed on March 11, 2016.

February 4, 2016

Energy Sector Alert Series: Risks and Opportunities in Distressed Oil and Gas

Recent volatility in the energy markets has put increasing stress on the capital structures of companies operating in those markets. When commodity prices were higher between 2010 and 2014, many of those companies took on significant amounts of debt to pursue new opportunities.


The excellence of WilmerHale's Bankruptcy and Financial Restructuring practice consistently receives wide recognition in the professional press and throughout the business sector.

  • Business Week – Named WilmerHale as one of the nation's "top bankruptcy shops"
  • Chambers USA: America's Leading Lawyers for Business  – Named our Bankruptcy/Restructuring practices among the top in Massachusetts and Washington DC in 2013-2016 and in New York in 2016, with sources saying our attorneys are "excellent to work with," "...among the smartest people," "...just terrific in this space...very responsive and thoughtful" and "truly brilliant." Phil Anker, Craig Goldblatt, Andrew Goldman and John Sigel were individually honored as leaders in the field. The department has received top rankings in Chambers USA  every year since 2004.
  • U.S. News - Best Lawyers® – In the 2010-2017 "Best Law Firms" rankings, the firm was honored with first-tier national rankings in Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, as well as first-tier metropolitan rankings in that same category in Boston and New York, and in Litigation - Bankruptcy in New York and Washington DC. The firm is also recognized with second-tier national rankings in Banking and Finance Law.
  • The Best Lawyers in America – Recognized nearly 100 partners, naming nine "Lawyer of the Year" for 2015. In 2012 and 2013, Best Lawyers named six WilmerHale attorneys as "Lawyers of the Year" in their respective areas of practice.
  • The Best Lawyers in America – Ranked WilmerHale in 2010-2014 number one for Bankruptcy and Creditor-Debtor Rights Law in Boston and Massachusetts and also recognized Phil Anker and John Sigel for their bankruptcy practices.
  • The Legal 500 United States – In the 2009 edition, WilmerHale was recognized for bankruptcy in the Northeast and also identified John Sigel as a leader in this practice area.
  • The M&A Advisor – Named WilmerHale a recipient of the Restructuring Community Impact Deal of the Year Award for the firm's work on the restructuring of Jumio, Inc. at The M&A Advisor's 11th Annual Turnaround Awards in 2017
  • Washington Business Journal – In 2008, WilmerHale Partner Craig Goldblatt was named a "Top Lawyer" for his outstanding knowledge and experience in the area of Bankruptcy
  • American College of Bankruptcy – Partner John Sigel is a fellow of the American College of Bankruptcy