Shearman & Sterling’s Financial Restructuring & Insolvency practice represents a wide range of companies on the full spectrum of restructuring matters around the world. Our clients include financial institutions, hedge funds, corporate debtors in various industries, ad hoc committees and buyers and sellers of distressed assets.
Clients recognize that our unparalleled breadth of experience, combined with the strength of our global platform, enable us to provide a unique 360° perspective on the issues and parties involved in all aspects of financial restructuring and insolvency work. We advise on both cross-border and local financial restructuring matters, including developing effective bankruptcy and reorganization strategies to successfully address the many legal challenges facing organizations today. Our practice is distinguished by the broad scope of issues on which we advise clients, the deep experience of our restructuring lawyers around the world and our integrated service offerings, including Mergers & Acquisitions; Finance; Capital Markets; Litigation; Compensation, Governance & ERISA; and Tax. We work closely with our colleagues in these related areas to find creative and effective solutions for our clients.
Bolstering the firm’s reputation as a leader in the field, our lawyers have extensive experience with a wide array of international insolvency regimes. These include the U.S. Bankruptcy Code (including the commodity broker liquidation and stockbroker liquidation subchapters), the Securities Investor Protection Act (SIPA), the Orderly Liquidation Authority (OLA) and state insurance insolvency law. We also have been deeply involved in some of the largest cross-border transactions in Europe and have particularly robust experience in high yield bonds, derivatives, structured products and leveraged finance structures.
These resources are available on a real-time basis, allowing issues to be addressed and resolved quickly across time-zones.
International M&A Awards 2019
Energy Deal of the Year 2019: Restructuring of Pacific Drilling
Turnaround Atlas Awards 2019
Cross Border Turnaround of the Year 2019 (Mid-Markets): Fallbrook Technologies
Special Situation M&A Deal of the Year 2019 (Large): Energy Future Holdings Restructuring and Sale of Oncor Electric Delivery Company to Sempra Energy
Private Equity Acquisition of the Year 2019 (Large): Brookfield Business Partners Acquires Westinghouse Electric Company
Energy Restructuring of the Year 2019 (Large): Pacific Drilling Chapter 11 Plan of Reorganization
The Deal’s Q1 2018 Rankings
In The Deal’s first quarter rankings for 2018, Shearman & Sterling’s Financial Restructuring & Insolvency practice is ranked highly in the Out-Of-Court Restructuring - Counsel to Creditor category.
The M&A Advisor Turnaround Awards 2018
Restructuring Deal of the Year 2018: Chapter 11 Reorganization of Nuverra Environmental Solutions, Inc.
Recognized Top Tier Firm in 2018 by IFLR 1000
IFLR1000 recognizes Shearman & Sterling as a top tier firm and Joel Moss is named a rising star; “Joel is a rising star within the firm, advising us on bankruptcy, restructuring and resolution matters. His work is top notch, he is incredibly responsive and his mastery of bankruptcy law is second to none.
Recommended Restructuring and Insolvency Firm in 2017 by IFLR 1000
IFLR1000 recommends Shearman & Sterling for its Financial & Corporate practice area
The M&A Advisor Turnaround Awards 2017
Restructuring Deal of the Year 2017: Chapter 11 Reorganization of Nuverra Environmental Solutions, Inc.