Young Conaway's representation of financially troubled corporate entities has earned it a national reputation as one of the preeminent insolvency practice groups in the nation. Chambers USA lauds Young Conaway as “a premier practice notable for the strength and depth of its bankruptcy team, which houses numerous highly skilled attorneys,” while clients boast that Young Conaway has “one of the top debtor-side practices, with a deep bench at all levels."1
Young Conaway's professionals guide companies through all aspects of corporate restructuring and chapter 11, advising on issues ranging from asset sales, financing, and debt restructuring to corporate governance, fiduciary obligations, and the prosecution and defense of causes of action, all with an emphasis on maximizing value for the debtor and its constituents.
Our attorneys have been representing chapter 11 debtors for over forty years, in some of the biggest and most complex cases in the country. Representations include companies in the following sectors: retail, oil and gas, restaurant/hospitality, manufacturing, automotive, entertainment, finance, communications, construction and healthcare.
In addition to representing chapter 11 debtors, Young Conaway often serves as counsel to companies in out-of-court restructurings, wind-down processes and dissolutions. Our professionals also regularly represent liquidating trustees and plan administrators post-effective date.
We are deeply embedded in the bankruptcy community, which gives us powerful insights, not just into the complexities and creativity of the United States Bankruptcy Code, but also into the ways judges have historically interpreted the Code and how they are likely to rule in any given case. Our dexterity in finding common ground among multiple constituencies and competing interests has made us a firm of choice, both as lead counsel in middle market insolvencies and as co-counsel in major national and global restructurings.
1Chambers USA, Delaware, Bankruptcy/Restructuring 2021