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Top Insolvency Firms

International law firms are well known for their ability to handle complex cross-border restructuring and insolvency matters. However, the best firms go above and beyond by delivering innovative solutions, deep experience and exceptional client service. We have identified the world’s leading practices in these areas based on the strength of their client roster, global network, quality of their work and reputation for innovation.

White & Case has been named a leader in the field, earning the No. 2 spot in the latest GRR 30—Global Restructuring Review’s annual guide to the world’s leading restructuring and Top Insolvency Firms. The Firm’s full-service global Financial Restructuring team works with borrowers, lenders and acquirers to deliver successful results in the most challenging high-profile middle market matters and distressed opportunities.

Managing Partner and Global Chair Michael Goldstein and Partners Simon Thomas, Celine Domenget-Morin, and Richard Coyne were also singled out for their expertise. The Team has extensive experience handling debt and equity financings, acquisitions and divestitures in complex high-profile matters involving multinational companies. They work with clients, including private equity funds, financial institutions and other investors, to achieve their strategic objectives by leveraging the Firm’s global reach, industry knowledge and deep bench.

Other notable firm rankings include a Tier 1 ranking in the 2021 edition of U.S. News & Best Lawyers “Best Law Firms” for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Bankruptcy Litigation. The Firm’s bankruptcy and financial restructuring practice represents debtors, creditors’ committees, equity owners and other interested parties in formal insolvency proceedings, out-of-court workouts and other distressed situations throughout the United States.

In the 2022 edition of the GRR 100, Locke Lord received a top 10 ranking—the highest placement in this category—for its “exceptional global reach and comprehensive expertise” in cross-border and domestic insolvency and restructuring matters. The Firm’s Bankruptcy, Restructuring and Insolvency Practice Group regularly advises premier financial institutions, institutional investors, distressed businesses, CMBS special servicers, asset purchasers, debt investors, finance companies and insurers to enforce their rights and achieve their strategic goals in the context of structured transactions, commercial litigation, loan workouts, debt restructurings and bankruptcy.

In addition, the Firm was ranked in the top ten in Europe in the most recent GRR 30—Global Restructuring Review’s authoritative annual guide to the world’s leading firms for cross-border restructuring and insolvency matters. In the United States, partner Richard Mason has been singled out for his strong bankruptcy practice. He has broad experience representing both debtors and creditors in Chapter 11 cases and distressed M&A. In particular, he recently led the Firm’s representation of the financial oversight and management board of Puerto Rico in the Commonwealth’s historic bankruptcy filing. Partner Martin Bienenstock also receives praise for his deep bankruptcy experience. He acts for debtors in industries ranging from retail to aerospace. He and his colleague Paul Basta are also adept at handling distressed M&A in bankruptcy proceedings.