North America - United States • Finance
Orrick, Herrington & Sutcliffe LLP
Led by Raniero D’Aversa, Orrick, Herrington & Sutcliffe LLP represent lenders and investors in restructuring distressed life settlement and premium finance investment vehicles. The firm combines its expertise in bankruptcy, restructuring and litigation to provide a full service in areas including Chapter 11 matters. Laura Metzger is skilled in bankruptcy matters, while Lorraine McGowen is noted for being ‘an absolute class act in every way. Her expertise in bankruptcy and financial restructuring matters is second to none.’ Evan Hollander has expertise in cross-border restructurings. Every lawyer mentioned is based in New York.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Partners are accessible, knowledgeable and practical. They have developed deep knowledge of how technology driven businesses work which is essential when doing both debt financing and restructuring.’
‘Laura Metzger in NY restructuring is simply stellar. Responsive, balanced, great guide in very difficult situations.’
‘The Orrick attorneys are experts in their respective areas and it shows. They inspire confidence because of how thoroughly they know their stuff and how well they are able to break it down and explain it to business/non-legal folks. They are responsive and efficient. They are also quite invested in diversity and inclusion and their teams are staffed accordingly. I highly recommend them.’
‘Lorraine McGowen is an absolute class act in every way. Her expertise in bankruptcy and financial restructuring matters is second to none. She is able to offer a steady and guiding hand through what can sometimes be the very chaotic world of bankruptcy. Another attorney I highly value on the Orrick team is Colleen McDuffie. She is trustworthy and never disappoints. Her ability to take complex topics and boil them down in a way that is easily understood by non-lawyers is top-notch.'
Key clients
- Credit Suisse; Column Financial, Inc. and Sector Financial Inc.
- Lane Gate Advisors LP
- Galaxy Digital LP
- SFJ Pharmaceuticals X, Ltd.
- State of Oregon Retirement Fund
- NOVA Chemicals Corporation
- Pyramid Management Group LLC
- Liquidators for Greensill Limited
- Out West Restaurant Group, Inc.
Work highlights
- Representing SFJ Pharmaceuticals X, Ltd. (SFJ), a co-developer of a promising new drug, in the PhaseBio Pharmaceuticals, Inc. (PhaseBio) bankruptcy.
- Representing Galaxy Digital LP as a prospective DIP lender and potential purchaser of certain assets that the debtors in the Celsius Network LLC bankruptcy plan to sell.
- Advised Petroserv Marine Inc., a British Virgin Islands registered deepwater offshore oil and gas exploration and drilling services company with headquarters in Macaé, Brazil, in the restructuring of $882 million of existing financial indebtedness and the incurrence of an additional $120 million of new super senior financing.
Practice head
The lawyer(s) leading their teams.
Raniero D’Aversa