Skadden, Arps, Slate, Meagher & Flom LLP‘s corporate restructuring practice provides services to clients involved in distressed company situations, alongside representing a diverse range of parties including managers, owners, creditors and investors both in- and out-of-court restructuring transactions and liquidations. New York's Robert Drain joined the group after retiring from the US Bankruptcy Court for the Southern District of New York and has overseen the chapter 11 bankruptcies of Purdue Pharmacy, Sears Holding Crop and Windstream Holdings Inc. Paul Leake is the global head of the practice, and is supported by Van Durrer, who heads the California group,  Joseph Larkin, head of the Wilmington practice and Ron Meisler, head of the Chicago group.

Legal 500 Editorial commentary

Key clients

  • Endo International plc. and its debtor affiliates
  • Endo International plc
  • A bidder in connection with Lordstown Motor Corp's Chapter 11 case
  • Armstrong Flooring, Inc.
  • Unifin Financiera, S.A.B. de C.V. SOFOM
  • LaVie Care Centers, LLC and Certain Affiliates
  • Bank of America, N.A.
  • JP Morgan Chase Bank, N.A.
  • Kabir Barday, CEO and founder of OneTrust
  • Armstrong Flooring, Inc.
  • PPL Corporation
  • Irish Bank Resolution Corp.
  • Borrego Community Health Foundation
  • Juul Labs, Inc.
  • E-House (China) Enterprise Holdings Limited

Work highlights

  • Representing Endo Pharmaceuticals, a multi-national generics and specialty branded pharmaceutical company as lead counsel to the Company and its affiliates in their chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York.
  • Undertook substantial negotiations with creditor constituents in connection with Endo International's ultimately consensual use of cash collateral to fund ongoing operations.
  • Assisted Endo with the development of a multi-step restructuring steps plan to implement the spinoff of the company’s Irish entities.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Paul Leake, Van Durrer, Joseph Larkin, Ron Meisler

Other key lawyers

Robert Drain