Bankruptcy and Restructuring

Practice Contact

David M. Bennett
Practice Group Leader
  • |
  • |
  • |
View Bankruptcy and Restructuring

For more than four decades, Thompson & Knight's Bankruptcy and Restructuring Practice Group has played a leading role in corporate reorganizations, both in and out of court, and in bankruptcy proceedings of all types throughout the nation. Recognizing that the needs of our clients are national and international in scope, we have developed an expertise in handling insolvency-related matters wherever they may arise. Our experience ranges from medium-sized regional bankruptcy cases to creditor representation in "mega cases": Lehman Brothers, Mirant Corp., Enron, WorldCom, and Adelphia, among others.

Our attorneys are recognized locally, nationally, and internationally for their expertise in the area bankruptcy and restructuring. The group received a national ranking in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law and Litigation-Bankruptcy in the 2015 U.S. News-Best Lawyers "Best Law Firms" directory, the preeminent listing of the nation's top legal practices. The Firm is ranked among the top ten firms in Texas for Bankruptcy/Restructuring in the prestigious Chambers USA 2014 legal directory by Chambers & Partners, which notes that our “team is known for strong expertise in the oil and gas sector, representing creditors, bondholders, operators and distressed entities,” and we are “frequently involved in significant cases, providing counsel to creditors on their rights and advising on restructuring.” Also, we ranked among top firms nationwide in Finance: Corporate Restructuring (including bankruptcy) by Legal 500 2014.

Thompson & Knight bankruptcy attorneys have appeared on CNN, CNBC, and MSNBC to address current Chapter 11 reorganization topics and have been quoted by The Wall Street Journal, The New York Times, The London Financial Times, Forbes, Taipei Times, The Times of India, Bloomberg, Reuters, The Houston Chronicle, The Dallas Morning News, and ABC News, among others.

Thompson & Knight attorneys have reorganized businesses in complex Chapter 11 proceedings nationwide, including confirming Chapter 11 plans in industries ranging from energy to retail. On the creditor side, we represent secured creditors, committees of unsecured creditors, and lessors of real property in major Chapter 11 reorganizations. We have a full line of support to assist clients in evaluating all options, including litigation, real estate, tax, finance, regulatory, environmental, corporate, labor, securities, and other specialized areas of law that a debtor, individual creditor, committee, or counterparty may need in order to evaluate all alternatives.