Our Approach

 
Davis Polk has a highly experienced Insolvency and Restructuring practice. That practice – which combines corporate lawyers and bankruptcy litigators, and represents both creditors and debtors – makes Davis Polk one of the go-to firms for the unprecedented and highly complex matters that are arising in today’s extraordinary economic environment. In addition to involvement in almost every aspect of the Insolvency and Restructuring practice, our bankruptcy litigation group has been involved in the significant matters described below.

Awards and Rankings

  • Davis Polk’s “phenomenally strong” insolvency and restructuring practice ranked Band 1 in Chambers USA 2011: Our “ability to work with management teams is nothing short of amazing.”

  • Davis Polk ranked Tier 2 among U.S. law firms in bankruptcy matters, according to Benchmark Litigation 2011.

  • Davis Polk litigation partner was named one of Turnarounds & Workouts “Outstanding Young Restructuring Lawyers” in 2011.

Notable Matters

  • We represent JPMorgan Chase Bank in a multibillion-dollar fraudulent conveyance litigation arising out of the 2007 leveraged buyout (LBO) of Tribune Company.

  • We represented Citi in a fraudulent conveyance litigation challenging a $21 billion leveraged buyout by Basell of chemical giant Lyondell, which resulted in a very favorable settlement for Citi after contentious litigation.

  • We are counsel to the joint administrators of Lehman Brothers International (Europe) in connection with proceedings under the Securities Investment Protection Act (SIPA) in the S.D.N.Y. Bankruptcy Court.

  • We are representing Bank Leumi in a contempt and turnover action brought by the trustee of the Lehman Brothers bankruptcy estate in connection with the attachment of funds by Bank Leumi in Israel.
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