Fried Frank's bankruptcy and restructuring practice provides clients with the full panoply of the Firm's global experience, offering a holistic approach to advance the interests of our clients in the most complex and sophisticated transactions.
Our practice is multidisciplinary with integral resources that cover all fronts, from litigation to complex corporate transactions and capital markets deals, and with a reputation for excellence, broad-based experience, creativity and efficiency. Equally at home in boardrooms and courtrooms, our lawyers have a wealth of experience in all aspects of our clients' matters and a keen understanding of the financial markets in which our clients operate, particularly as they undergo significant changes. Our state of the art practice gives us first hand knowledge of developments in both the legal and business communities.
We regularly represent a wide range of clients in both formal bankruptcies/insolvencies and out-of-court restructurings of financially troubled companies. We use our understanding of corporate finance and the capital markets to assist clients in realizing maximum value and recovery. We counsel and formulate strategies with clients with respect to the myriad of insolvency, creditors' rights and commercial law issues that arise in complex corporate and real estate acquisitions, divestitures and financings.
Our experience includes representing corporate debtors, secured and unsecured creditors, trustees, creditors', bondholders' and equity committees, lenders and other sources of financing and parties interested in acquiring assets and businesses from chapter 11 debtors and other financially troubled companies. A significant part of our practice is on behalf of companies that find themselves in financial difficulties and believe their long-term success can best be achieved through an out-of-court restructuring or formal reorganization proceedings.
The fact that we represent both debtors and creditors has tangible benefits for clients in that it gives us an understanding of how to resolve the problems presented in any troubled-company situation. Our experience in large, complex transactional assignments—from leveraged buyouts to strategic mergers—gives us perspective and insight in dealing with the challenges presented by realizing value from distressed businesses and assets.
We take pride in the fact that ours is not a conventional restructuring practice. Our transactional and capital markets orientation lets us help clients to look at their circumstances from a different perspective. We do not rush to obtain bankruptcy/insolvency relief for clients—indeed, most often we view bankruptcy/insolvency relief as an alternative of last resort. Similarly, litigation is one of many tools at our disposal, not necessarily our first instinct. At all times, we focus on maximizing value and assisting our clients in achieving both short- and long-term goals.
We understand the essential commercial elements of the client's objectives and leverage the Firm's knowledge base to serve the client. Our seamless integration between practice groups and offices covering multiple jurisdictions enables us to handle complex cross-border transactions. We complement the expertise of our restructuring practice in corporate finance, mergers and acquisitions, capital markets and litigation with the expertise of practitioners in banking, employee benefits, environmental law, ERISA, real estate, securities regulation, compliance and enforcement, taxation and white-collar crime, among others. In this way, we bring multiple points of view and a wealth of experience to bear upon the issues to be resolved on behalf of each of our clients.