Our clients rely on us to help them navigate distressed situations and bring about swift and sensible solutions through bankruptcy and restructuring.
ZAG-S&W offers legal services in all aspects of bankruptcy, restructuring, creditors’ rights and commercial law.
Clients benefit from our extensive experience in devising tailored strategies and rigorously pursuing all avenues for companies in distress. In matters involving billions of dollars, we have represented clients contesting matters in out-of-court workouts and restructurings, as well as federal bankruptcy courts in New York, Delaware, Massachusetts, and other jurisdictions across the country.
Our creditor practice has a special focus on the issues faced by financial institutions and investors in financial transactions involving one or more distressed entities. This includes advice concerning the enforcement of remedial rights; restructuring of investments in defaulted public, private, and secured and unsecured bonds; workout of investments in CDOs and other structured investment vehicles; and enforcement of termination of swaps and other derivative instruments due to a bankruptcy or reorganization.
Our group has advised on some of the most complex and challenging domestic and cross-border bankruptcies. For example, we advised the indenture trustee on the Chapter 11 proceedings of Lehman Brothers Holdings, Inc. and affiliates; the indenture trustee on a Chapter 15 Proceeding, which was the first time a Mexican reorganization plan has been denied enforcement in the United States; and the mortgagees, pass-through trustees, subordination agents, or indenture trustees, on the Chapter 11 proceedings of American Airlines, Northwest Airlines and United Air Lines.