Cadwalader "figure[s] out how to move a case forward and achieve the best results, whether it be by negotiating or litigating." - Chambers USA
High stakes restructurings move fast and can be very contentious. Time and time again, Cadwalader's bankruptcy litigators have achieved landmark successes and highly favorable settlements for debtors, secured lenders, and major financial institutions as unsecured creditors and other parties in some of the largest and most contentious bankruptcy matters on record, including the City of Detroit, In re Lehman Brothers Holdings, Lyondell Chemical Company, Chrysler, General Motors, Dynegy Holdings, Enron, Fabrikant, Mirant, Fred Leighton, Blockbuster, Steve & Barry's, Tribune Company, Tronox Incorporated/Anadarko, Bay Harbour, and Apollo Health Street.
Our bankruptcy litigation team has represented major banks and dealers as derivatives counterparties to major debtors, won approval of the largest private debtor-in-possession financing in history, counseled clients in resolving some of the largest fraudulent transfer actions ever brought, and has successfully represented both buyers and sellers in hotly contested bankruptcy sales. We have won contested plan confirmation and enterprise valuation hearings, and obtained important rulings in high-profile substantive consolidation and equitable subordination cases. On behalf of creditors, we have utilized the examiner and trustee process to achieve important strategic goals. Our attorneys have also litigated virtually every other type of matter arising in bankruptcy cases.