North America - United States • Finance

Squire Patton Boggs

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Noted for their ‘extremely strong knowledge of the restructuring process and related law,’ Squire Patton Boggs handle all facets of the restructuring and insolvency process, with capabilities in handling cross-border matters. Cincinnati and New York-situated global chair Stephen Lerner is skilled in handling Chapter 11 reorganizations for a range of clients in the coal, energy, financial services and healthcare industries, while San Francisco-based Karol Denniston  has experience representing both creditors and debtors in litigated bankruptcy cases and out-of-court transactions. Norman Kinel, in New York, is noted for his cross-border capabilities in bankruptcy and insolvency proceedings.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Extremely strong knowledge of the restructuring process and related law. Good balanced team from an experience perspective and good leverage of resources. The team as always available and had good coverage when individual members were unavailable. Excellent service overall.’

  • ‘As I mentioned above around the team, good balance from an experience perspective. Very noteworthy was the lead restructuring partner, Stephen Lerner. Stephen is extremely experienced and knowledgeable regarding restructuring law and processes, but was also very grounded and transparent in his communication approach, particularly with business people who do not deal in this sort of environment on a regular basis. Very solid and practical guidance approach.’

  • ‘Peter Morrison provides excellent service around the clock. He not only provides useful advice, but he is an exceptional relationship attorney providing good connections to others within the firm, when needed.’

  • ‘Very experienced and collegial team who know bankruptcy, know how to cut a deal but also know how to litigate.’

  • ‘Norman Kinel is extremely experienced and knowledgeable about the bankruptcy process. His experience and ability to push for the best result possible is a real strength.’

  • ‘SPB restructuring practice has very experienced professionals who provide practical legal advice so as not to waste time and/or resources on long-shot strategies. The professionals are able to effectively communicate complex legal issues in an easy to understand way. They take their clients' concerns when developing their legal approach.’

  • ‘The practice is responsive, sensitive to cost, thoughtful, and understanding of our particular needs.’

  • ‘Michelle Saney is aggressive and diligent. Norman Kinel is knowledgeable, proficient, and an excellent team member.’

Key clients

  • Official Committee of Unsecured Creditors of Phoenix Services Topco LLC
  • Colorado Bankers Life Insurance
  • Blackjewel Liquidation Trust
  • Collins Street
  • Mizuho Leasing Co.
  • NetJets
  • ITOCHU Corporation
  • New England Life Plan Communities
  • Panasonic Avionics (Aero Mexico)
  • World Class Holdings
  • Baker Concrete Construction, Inc.

Work highlights

  • Advised the Official Committee of Unsecured Creditors of Phoenix Services Topco, LLC in the Delaware Bankruptcy Court.
  • Advised the Blackjewel Liquidation Trust as the largest unsecured creditor and chair of the Creditors Committee in the INMET Mining Chapter 11 case in the E.D. KY. Bankruptcy Court.
  • Advised New England Life Plan Communities in connection with its efforts to acquire the assets of Amsterdam House Continuing Care Retirement Community (The Harborside) in its Chapter 11 case.

Practice head

The lawyer(s) leading their teams.

Stephen Lerner

Other key lawyers

Karol Denniston, Norman Kinel, Peter Morrison, Michelle Saney