Bankruptcy & Business Reorganizations

When facing financial uncertainty and distress, Foley’s Bankruptcy & Business Reorganizations Practice will help you limit losses and enhance value. Whether from the vantage of creditors seeking to maximize recoveries or debtors navigating unique challenges, Foley will partner with you to establish a clear and effective path forward.
With 40 restructuring professionals nationwide, Foley’s practice is among the largest and most robust in the nation, representing myriad creditor and debtor constituencies. Foley's nationally recognized practice emphasizes practical solutions tailored to specific business needs.
Coupling business acumen and industry knowledge, Foley delivers thoughtful legal advice whether in a complex chapter 11, an out-of-court workout, state insolvency framework, creditors’ rights litigation, or strategic acquisition or divestiture. Foley will serve as your trusted advisor and work each step of the way to craft proactive strategies for loss mitigation and counterparty risk as well as realignment in financially distressed industries. We share your vision and understand your particular needs. This is why Foley has become the law firm of choice for many of the most difficult and challenging high-stakes restructuring matters in the United States.

Recognized by U.S. News – Best Lawyers® and by The Legal 500, our highly regarded attorneys will provide practical solutions tailored to specific business needs. Our signature strengths include the following:

Representative Matters

Showing of
Foley was named U.S.A. M&A Deal of the Year award winner for its work representing Steven Madden, Ltd. (NASDAQ: SHOO) in its acquisition of Schwartz & Benjamin, a recognized leader in the manufacture and distribution of footwear and accessories for upmarket brands. This award recognized the top value-creating M&A transaction from $5 million to $50 million in transaction value. Foley served as lead advisor to Steve Madden in this deal. The Foley team included John Simon, Gjina Lucaj, Shang Kong and Chris Boll.According to the Global M&A Network, winning this award equates to achieving the “Gold Standard of Performance,” Global M&A’s seal of endorsement validating excellence and preeminent status in the local, regional and global markets.
Representation of Linens ‘N Things, a national retail chain, in its Chapter 11 proceedings
Represented a national retail chain in its Chapter 11 proceedings in Delaware

Related Services