North America - United States • Finance

Davis Polk & Wardwell LLP

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Davis Polk & Wardwell LLP ‘s New York-based team is led by Marshall Huebner and Damian Schaible and advises on large and complex restructurings, including representing both companies and investors in domestic and cross-border proceedings. The firm maintains close connections with a wide array of creditor- and debtor-side clients, including companies, directors, financial institutions and administrators. In bankruptcy proceedings, a team around Timothy Graulich acted as lead counsel in the high-profile Chapter 11 bankruptcy of Purdue Pharma. The firm is also renowned for its representation of ad-hoc groups of lenders and noteholders, with Elliot Moskowitz and Angela Libby representing institutional investors and hedge funds in challenging corporate restructurings. Donald Bernstein represents debtors, liquidators and receivers in corporate restructurings and insolvency proceedings, and Darren Klein is experienced in a wide range of corporate restructurings and bankruptcies. Brian Resnick is noted for his expertise in liability management transactions and distressed asset sales alongside his specialties in bankruptcies, while Eli Vonnegut and Natasha Tsiouris respectively advise clients on structuring and managing their investments and on dealing with pre-packaged and traditional bankruptcies. David Schiff represents a wide range of parties on liability management transactions. Christian Fischer was promoted to partner in early 2023.

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Key clients

  • Avaya Inc.
  • Bed Bath & Beyond Inc.

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Work highlights

  • Lead counsel to Purdue Pharma on its complex mass tort Chapter 11.
  • Advising an ad hoc group of secured noteholders in connection with WeWork's $18.6 billion restructuring.

Abbreviated data is displayed for this firm.