Our Corporate Reorganization & Bankruptcy Practice is a microcosm of the firm, drawing from the resources and expertise of all of the firm's practice areas. Our dedicated team of bankruptcy professionals prefers to staff each case with an inner circle of lead lawyers who are intimately involved with all of the nuances of the case from start to finish. This core group will then draw on the diverse expertise of lawyers in other practice areas to analyze and assess all aspects of the case. We frequently consult our colleagues with expertise in litigation, insurance, class action, real estate, corporate, securities, health care, tax, labor, environmental and ERISA issues, which increasingly arise in troubled situations. As a part of a large firm with multidisciplinary capabilities we thus effectively manage large, complex cases, earning praise for our high levels of efficiency. This strategy has well-served our clients in major bankruptcy proceedings across a wide array of industries, including Automotive, Energy, Environmental, Franchise Dealer and Distributor, Health Care, Insurance, Real Estate, Retail, Subprime Lending, and Telecommunications and Communications.
We are particularly well known as counsel to creditors committees in large, complex bankruptcy cases, including the United Airlines and Federal Mogul Chapter 11 proceedings. In these high-profile, large-scale official committee engagements, our proactive approach has allowed us to successfully promote the interests of the unsecured creditors from DIP financing issues through confirmation. Our innovation in formulating a working group process in the United case was particularly effective in giving committee members and professionals a key role at each stage of the restructuring process. We also frequently represent equity committees, debtors, debtors-in-possession, lenders and individual creditors in virtually every type of proceeding brought under the U.S. Bankruptcy Code, state law insolvencies and receiverships, as well as in foreign insolvency proceedings. We also have extensive experience representing borrowers and institutional lenders in out-of-court restructuring matters. Our proactive approach is particularly visible with these clients in our efforts to ensure that "front end" loan documents include enforceable protective provisions in the event of repayment difficulties.