Another core competency of Wilson Sonsini’s finance practice is our restructuring expertise. Our attorneys represent creditors and debtors in matters involving distressed assets, as well as distressed entities. We create and negotiate restructuring agreements and workouts on behalf of private and public companies, in addition to advising their boards of directors and committees. We also represent banks, private equity firms, and other financial institutions in restructuring and bankruptcy matters.

Wilson Sonsini’s services in this area include, but are not limited to:

  • Restructurings and recapitalization strategies
  • Advising boards of directors on fiduciary duties
  • Reviewing complex capital structures and subordination agreements
  • Advising parties in connection with mergers and acquisitions that involve distressed assets and businesses
  • Advising on the disposition of IP and technology assets in conjunction with restructuring and bankruptcy proceedings

Our restructuring experience includes:

  • Debt purchases
  • Inter-creditor disputes
  • Bankruptcy-initiated auctions
  • Derivative products
  • Out-of-court workouts

The attorneys who focus their practice on restructuring matters are based in the same business markets where there are important bankruptcy venues, including New York. Depending on our clients’ needs, they work closely with other practices within the firm, collaborating with attorneys who have experience with corporate and debt finance, secured finance, banking, M&A, and tax matters. They also often work with attorneys in the firm’s IP and technology transactions practices when acquisitions, restructuring arrangements, or bankruptcy proceedings involve IP and technology assets.

Who We Represent

Wilson Sonsini most frequently represents companies (including boards of directors and committees), banks, private equity firms, and other financial institutions in restructuring matters. Our restructuring experience touches virtually every industry of the economy, but we have particular exposure to the technology, energy, utility, construction, transportation, pharmaceutical, retail, insurance, aviation, hospitality/lodging, and manufacturing sectors.

See Restructuring Practice on