Restructuring and Finance

Wachtell Lipton’s unique, integrated restructuring and finance practice combines deep expertise in both disciplines. The result is unmatched experience in acquisition financing, capital structure design, liability management, distressed mergers and acquisitions, restructurings and workouts, and insolvency litigation.

The team takes a fresh look at all the key terms rather than rely on industry norms. Willing to push the envelope for the benefit of the client.” – The Legal 500


Premier Insolvency Practice

We are regularly involved in the most high-profile insolvency matters in the United States and around the world. We represent major creditors and debtors in chapter 11 cases and out-of-court restructurings, and we have an extensive record representing major parties in litigation relating to bankruptcy cases and other debt-related issues.

Recent substantial restructuring engagements can be found here.

Distressed Mergers and Acquisitions

We advise clients on acquisitions and divestitures of businesses in financial distress and other strategic transactions involving debtor-creditor issues, bringing to bear the full expertise of both our restructuring and our preeminent mergers and acquisitions practices. We regularly represent buyers in “section 363” bankruptcy sales, as well as debt investors in change-of-control transactions both in chapter 11 and out of court.

We wrote the book on Distressed M&A.

Leaders in Liability Management

Our firm has advised companies, financial sponsors and investors in connection with many of the most high-profile liability management transactions in recent years, including Envision, Travelport and Mitel.


Market-Leading Acquisition Finance Practice

We routinely lead many of the largest and most complicated financing transactions in the United States and around the world. We work closely with the leading Wachtell Lipton M&A team on transformative transactions for corporate borrowers and sponsors, in particular financing for mergers, acquisitions, LBOs, divestitures and spin-offs, however accomplished.  

We are experts in syndicated lending, direct lending, and capital markets transactions, whether investment grade, high-yield or distressed. The breadth and depth of our market exposure ensures that our clients see and receive the best available market terms. 

Recent substantial financing engagements can be found here.