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Westbrook & Hayes

Practice IV · Litigation leverage in distressed capital structures

Restructuring & Special Situations

Chapter 11 litigation, fraudulent-transfer actions, plan fights, and distressed M&A — for creditors, committees, trustees, and investors who need trial lawyers, not just deal lawyers, at the table.

$1.4B recovered for creditors and trusts in avoidance and plan litigation

How we practice it

Restructurings are negotiations conducted in the shadow of litigation. Valuation fights, lien challenges, make-whole disputes, and avoidance actions decide who gets paid — and the parties with credible trial counsel set the agenda. We appear in the major restructuring venues for ad hoc groups, official committees, litigation trusts, and distressed investors.

Because the firm carries none of the lender-side conflicts of a full-service platform, we regularly take the adverse positions — against agent banks, sponsors, and insiders — that conflict other firms out of the room.

Representative matters

Fictional matters shown on a sample site — and past results never guarantee a future outcome.

  1. 01

    $175M fraudulent-transfer recovery

    Lead counsel to a post-confirmation litigation trust; recovered $175 million from insiders and affiliates after a nine-day trial.

  2. 02

    Plan confirmed over sponsor objection

    Represented an ad hoc bondholder group holding $800M in notes; our plan was confirmed and the group took control of the reorganized company.

  3. 03

    Make-whole premium sustained

    Won a ruling enforcing a disputed make-whole worth roughly $95 million to our noteholder clients.

Who leads it

WH / Consultation

Facing a restructuring problem?

Bring us the posture, the exposure, and the calendar. A partner from this practice will give you a candid read — including whether you need us at all.

Request a consultation

Or call (555) 014-7700 — conflicts checked within one business day.

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