Our firm is recognized worldwide for its substantial experience in insolvency and restructuring. We represent a wide range of clients, including companies in need of financial restructuring, leading financial institutions and hedge funds, creditors’ committees, acquirers, business partners, trustees and receivers in connection with the largest and most complex insolvencies and restructurings, as well as in connection with acquisitions of distressed companies, debtor-in-possession financings and exit financings. Indeed, no firm was more integrally involved in the various unprecedented restructuring matters that unfolded during the financial crisis.
Individual Davis Polk lawyers maintain or have held the following leadership positions in the field of insolvency and restructuring:
- Chairman and member of the National Bankruptcy Conference, an organization consisting of 60 of the leading lawyers, law professors and judges in the field of bankruptcy law; the Conference has been an adviser to Congress on every major piece of bankruptcy legislation since the 1930s.
- Chair of the Courts Subcommittee of the Committee on Bankruptcy and Corporate Reorganization of the New York City Bar Association, charged with preparing proposed guidelines governing multiple facets of Chapter 11 cases in the District.
- Chair of the Committee on Bankruptcy and Corporate Reorganization of the New York City Bar Association.
- Co-chair of the TriBar Opinion Committee; Co-reporter for the TriBar Opinion Committee's Special Report, "Opinions in the Bankruptcy Context"
- Founding director of the International Insolvency Institute
- Member of INSOL International; Co-chair of the G-36 Committee
- Member and director of the American College of Bankruptcy
- Member of the Official U.S. Delegation to the Insolvency Working Group of the United Nations Commission on International Trade Law (UNCITRAL)
- Member of the board of editors and a contributor to Collier on Bankruptcy
- Contributing editor for the Collier Bankruptcy practice guide
- Teachers at various law schools, including Yale, Columbia and New York University