McDermott Will & Schulte

McDermott Will & Schulte can draw on restructuring experts from multiple US offices, which gives it a geographic and sectoral breadth that few other firms can match. Its position as a dominant force in the healthcare industry has helped it move to the forefront of restructurings and bankruptcies in the sector; it represented LaVie Care Centers and its affiliates, comprising of 282 entities, each of which filed for chapter 11 bankruptcy in June 2024. The firm has also built a significant presence in crypto industry bankruptcies and restructurings. It frequently represents both debtors and creditors, and is noted for its expertise in in-court and out-of-court processes. David Hurst is a key name in the Delaware market, with New York’s Darren Azman, noted for creditors’ committee engagements, and Miami partner Gregg Steinmann also prominent. Felicia Perlman and Bradley Giordano are highly-reputable figures in Chicago. Following the merger of the firm with Schulte Roth & Zabel LLP, the team also includes Adam Harris, alongside Washington DC-based Douglas Mintz and Kristine Manoukian; Harris and Mintz take the lead on special situations, while Manoukian is noted for her expertise in the digital assets and crypto sector. David Karp heads the distressed debt and claims trading team. Harris and Karp are based in New York.