Polsinelli’s Bankruptcy and Restructuring practice is a nationally recognized practice that is part of an Am Law 100 law firm with more than 1,200 attorneys in over 25 offices and a national footprint with attorneys from Delaware and New York, across the heartland, to Los Angeles that provides cost-efficient legal services to its clients via a mid-market rate structure and a collaborative culture. The attorneys primarily focus on representing Chapter 11 debtors, distressed borrowers and buyers and sellers of distressed assets. The Bankruptcy practice also represents official committees, trustees, individual creditors such as equity security holders, vendors, landlords and bankruptcy litigants throughout the United States. The Bankruptcy Group also focuses on non-bankruptcy alternatives, including assignments for the benefit of creditors, out-of-court workouts, receiverships and state court liquidations. In collaboration with Polsinelli’s top-ranked health care practice, the Bankruptcy practice provides a special focus on distressed health care.

Polsinelli’s Bankruptcy and Restructuring practice has received both statewide ranking for Bankruptcy and Restructuring as well as individual attorney rankings for attorneys in the practice from Chambers USA for multiple years as well as Best Lawyers and other rating agencies. The practice is also widely recognized for The Devil’s Dictionary of Bankruptcy Terms and the Polsinelli/TrBK Distressed Indices.

Industry-specific experience includes:

• Distressed Health Care
• Oil & Gas
• Retail
• Franchise & Hospitality
• Real Estate
• Trucking & Transportation 

We have represented all types of clients in every aspect of bankruptcy, insolvency, out-of-court workouts and litigation matters, including:

• Debtors & Debtors-in-Possession (DIP)
• Official & Ad Hoc Creditors & Equity Committees 
• Chapter 7 & 11 Trustees 
• Litigation & Liquidating Trustees 
• Secured & DIP Lenders 
• Indenture Trustees, Noteholders & Bondholders 
• Asset Purchasers 
• Landlords & Trade Creditors 
• Examiners 
• Plaintiffs & Defendants in Adversary Proceedings
• Chapter 9 Municipalities & Chapter 15 Foreign Recognition Debtors

Recognitions 

• 16th Annual Turnaround Awards, Healthcare/Lifesciences Deal of the Year, 363 asset sale of Neopharma, Inc. and Neopharma Tennessee (“Neopharma USA”)
• 16th Annual Turnaround Awards, Distressed M&A Deal of the Year ($10 million to $25 million), Connections Community Support Programs, Inc.
• 14th Annual Turnaround Atlas Awards, Consumer Goods Restructuring of the Year, Basic Fun! Liability Management and Recapitalization
• 14th Annual Turnaround Atlas Awards, Private Equity Deal of the Year ^sm: Gorham Paper & Tissue and White Mountain Tissue Chapter 11 restructuring and acquisition of assets by Behrens Investment Group
• 12th Annual International M&A Advisor Awards, Restructuring Deal of the Year, Chapter 11 Sale of Orchids Paper Products Company 
• 12th Annual M&A Atlas Awards, Cross-Border M&A Deal of the Year (Mid Market), Cascades acquires substantially all of the assets of Orchids Paper Products Company including Fabrica de Papel
• 12th Annual M&A Atlas Awards, Chapter 11 Restructuring of the Year (Mid-Markets), Senior Care Centers Chapter 11 Restructuring and Refinance 
• 14th Annual M&A Advisor Turnaround Awards, Healthcare/Life Sciences Deal of the Year ($50 million to $100 million), Restructuring of Elements Behavioral Health 
• 10th Annual M&A Atlas Awards, Retail Services Restructuring of the Year (above $500 million), Payless ShoeSource Restructuring
• 10th Annual M&A Atlas Awards, Turnaround of the Year ($50 million to $100 million), California Proton Treatment Center Chapter 11 Restructuring and Recapitalization