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Cadwalader Bankruptcy Partner Kathryn Borgeson Featured in Lawdragon

June 23, 2026

Cadwalader partner Kathryn Borgeson is profiled in Lawdragon for her work advising on complex financial transactions and helping clients structure deals to withstand potential bankruptcy risk.

A partner in the firm’s bankruptcy and restructuring group, Kathryn focuses on the front end of transactions, working across asset classes to identify vulnerabilities and develop “bankruptcy-remote” structures that preserve commercial objectives while mitigating downside risk. As she explains, “You can never prevent a borrower from filing for bankruptcy…so we do the next best thing. We make it as ‘bankruptcy remote’ as possible.”

Kathryn is also known for her highly visual approach to deal structuring, mapping out transactions to better understand and address potential exposures. “I’m super visual,” she notes. “I need to see the actual steps and how it all works out.”

Kathryn began her career during the global financial crisis, working on matters related to the Lehman Brothers bankruptcy and other major restructurings. That experience continues to inform her practice today, providing a practical understanding of how transactions perform under stress and how to structure them more effectively from the outset. “I took what I had learned… and applied it to better structuring them going forward,” she says.

She credits mentorship and Cadwalader’s collaborative culture for shaping her development, particularly the emphasis on understanding the legal and strategic reasoning behind key deal provisions. “If you know the reasoning, you can negotiate better,” she explains.

Kathryn also emphasizes a pragmatic, solutions-oriented approach to transactions. “Our goal is never to say you simply cannot do this transaction,” she says. “We come up with solutions to preserve the commercial deal.”

Outside her practice, Kathryn enjoys playing ice hockey with her family, an activity that offers both a competitive outlet and a way to reset from the demands of her work. “It’s a great way to…get out of my head,” she notes.

Read the full article here.

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