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)

Jenkins, Dennis L.

Dennis L. Jenkins


+1 617 526 6491 (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)


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


January 5, 2015

WilmerHale Announces the Elevation of Partners and Special Counsel

We are pleased to announce the elevation of our new partners and special counsel.

December 10, 2014

Limiting the Background Noise: Investor Motivation and Identity in Bankruptcy

An article by Allison Hester-Haddad and Danielle D’Onfro, published in the American Bankruptcy Institute Journal, Vol. XXXIII, No. 12, December 2014.

November 21, 2014

CFPB Calls for Changes to Mortgage Servicing with Proposed Rule

On November 20, 2014, the Consumer Financial Protection Bureau proposed changes to the rules governing mortgage servicing and foreclosures—Regulation X, which implements the Real Estate Settlement Procedures Act, and Regulation Z, the implementing regulation for the Truth in Lending Act.

November 4, 2014

U.S. News – Best Lawyers® Release 2015 “Best Law Firms” List, Names WilmerHale International Arbitration “Law Firm of the Year”

The 2015 U.S. News - Best Lawyers® "Best Law Firms" list includes WilmerHale being named a first-tier law firm in 24 national and 62 metro-area rankings. In addition, the firm boasts more than 20 second- and third-tier rankings in several national and metro-area rankings.

October 30, 2014

Modern Curtain Walls: 4 Simple Steps to Avoiding Costly Disputes & Performance Problems

An article by Brent Gurney and Andrew Cohn, published by Commercial Property Executive on October 30, 2014.

October 7, 2014

A “Second Bite” from the Second Circuit: Revisiting Section 363 Review of Transfers in Chapter 15 Bankruptcy Cases

A WilmerHale Client Alert by George Shuster and Benjamin Loveland, which also appeared in Law360’s Bankruptcy and New York Guest Expert Analysis Column.

September 12, 2014

Pushing the Borders of Chapter 15: When a Foreign Representative "Flouts" the Purposes of Cross-Border Insolvency in the United States

An article co-authored by Dennis Jenkins and Benjamin Schak, published by Pratt's Journal of Bankruptcy Law, July/August 2014.

August 5, 2014

Can Chapter 15 be an Ally to Bondholders in Foreign Insolvency Cases?

An article written by George Shuster and Benjamin Loveland, published in the American Bankruptcy Institute Journal, Vol. XXXIII, No. 8, August 2014.

July 29, 2014

Whose Refund Is It? The Sixth Circuit Weighs in, Finding Tax Sharing Agreement Between Bank and Holding Company Ambiguous on Ownership of Refunds

In its recent AmFin decision, the Sixth Circuit joined a growing line of cases considering whether tax refunds paid to a bank holding company pursuant to a tax sharing agreement between the holding company and its subsidiary bank, but attributable to losses incurred by the bank, are the property of the holding company's bankruptcy estate or of the FDIC as receiver for the bank.

July 8, 2014

The Whole Loaf, or Only a Slice?: Interstate Bakeries and the Increased Importance of Integration Clauses in Contracts with Bankrupt Counterparties

As a recent number of bankruptcy cases have illustrated, contract integration clauses can have profound and unintended effects when, upon the bankruptcy of a counterparty, the contract becomes subject to section 365 of the Bankruptcy Code.


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 – In 2013 and 2014, Chambers named our Bankruptcy/Restructuring practices among the top in Massachusetts and Washington DC, with sources saying our attorneys are "...just terrific in this space...very responsive and thoughtful" and "truly brilliant." Phil Anker, Craig Golblatt, Andrew Goldman, Dennis Jenkins and John Sigel were individually honored as leaders in the field.
  • Chambers USA: America's Leading Lawyers for Business – Acknowledged our "increasingly prominent" bankruptcy/restructuring practices in 2010-2013 with band one rankings, quoting sources as saying our team is "a top notch group of lawyers with great depth and breadth.” In the most recent edition, Craig Goldblatt, Andrew Goldman, Dennis Jenkins 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 2010-2015 "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. The firm is also recognized with second-tier national rankings in Banking and Finance Law.
  • Best Lawyers in America – Recognized nearly 100 partners, naming nine "Lawyer of the Year" for2015. In 2012 and 2013, Best Lawyers named William Perlstein as the Washington DC "Bankruptcy Lawyer of the Year" and named six other 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, Bill Perlstein 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.
  • 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 – Partners Paul Daley, William Perlstein and John Sigel are fellows of the American College of Bankruptcy