Gregory M. Petrick 

Partner – London, New York
T.+44 (0) 20 7170 8688
100 Bishopsgate
London EC2N 4AG
United Kingdom V-CARD
T.+1 212 504 6373
200 Liberty Street
New York , NY 10281

Gregory Petrick, chair of Cadwalader's Financial Restructuring Group and Managing Partner of the London office, has represented debtors, official unsecured creditors’ committees, secured lenders, state regulators, and trustees in complex business reorganizations. His practice encompasses counseling secured and unsecured lenders, creditor committees, public bondholders, debtors, shareholders, and investors involved in many of the largest and most complex U.S. and international reorganizations and restructurings, financial transactions, mergers and acquisitions, and litigation.

In recognition of Greg's many accomplishments in the restructuring space, Best Lawyers in America selected Greg as a leading lawyer in the areas of Bankruptcy and Creditor-Debtor Rights, Insolvency and Reorganization and Bankruptcy Litigation, and he has been recognized as a key individual by The Legal 500, IFLR1000 and Best Lawyers in the United Kingdom.

A graduate of Boston University, summa cum laude, and Fordham Law School, Greg is admitted to practice in the State of New York and before the U.S. District Court, Southern District of New York. He is also a registered foreign lawyer in England and Wales.

  • Represented the Federal Reserve Bank of Boston in connection with the creation and implementation of the Main Street Lending Program, a $600 billion facility to aid small and medium-sized businesses affected by the COVID-19 epidemic.
  • Represented MBIA and a joint venture acquisition vehicle majority owned by MBIA and Bardin Hill Investment Partners in the Section 363 acquisition of aircraft manufacturer MD Helicopters.
  • Advising MBIA in connection with its exposure to two distressed CLOs that collectively issued over 41 billion in debt in Chapter 11 cases filed by the Zohar funds in Delaware.
  • Advised Hemen Holding, the largest shareholder of Seadrill, in the successful $13 billion Chapter 11 restructuring and related Bermuda scheme of the deepwater drilling company, shortlisted as "2019 Global Finance Deal of the Year" by The American Lawyer, and subsequently advising Hemen in a convertible bond investment in the 2021 filing of Seadrill and its affiliated debtors.
  • Represented MBIA in connection with the Chapter 11 cases of Residential Capital Funding.
  • Represented bank lenders in connection with Chapter 11 restructuring of Trancy.
  • Represented bondholders in Chapter 11 restructuring of Roust Corporation, named "2017 Restructuring Deal of the Year" by IFLR.
  • Represented the Joint Provisional Liquidators of Lehman Re.
  • Advised bank lenders in the refinancing of GMAC $2 billion debt.
  • Represented the secured bank lenders in the reorganizations of Tulsa Shipping, TBS Shipping, Marco Polo Shipping, and Eagle Bulk Shipping.
  • Represented monoline insurer CIFG Holding in restructuring its exposure to ABS CDOs, named "2008 Restructuring Deal of the Year" by IFLR.
  • Represented creditors' committees in Mirant Americas Generation, Calpine Canada Energy Finance ULC, Protection One, American Restaurant Group, Flag Telecommunications, Huntsman, Dictaphone Coporation, Florida Coast Paper and Golden Ocean Group.


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Gregory M. Petrick 


  • U.S. District Court, Southern District of New York
  • England and Wales (Registered Foreign Lawyer)
  • New York


  • Fordham University School of Law
    J.D., 1982
  • Boston University
    B.A., 1978, summa cum laude