Weil is one of the leading restructuring firms in the world, consistently at the forefront of innovative restructurings.  The reason is simple. Weil invented much of what has become standard practice in the restructuring field.  For more than 50 years, Weil has played a pivotal role in defining this field by offering creative, practical, and thoughtful solutions for its clients. 

Notable Representations, Key Contacts

A Go-to Firm for Global Distressed Situations

Weil's global restructuring group comprises more than 100 dedicated lawyers, including a significant number recognized as leaders in their field.

The largest, most complex, and most important restructuring matters in history require a truly international firm that can handle all aspects of the restructuring process in the United States, Europe, Middle East, and Asia. Weil's global restructuring practice has been described as the “gold standard” of bankruptcy practices and as a “restructuring powerhouse.”

Weil’s U.S. Restructuring practice has been involved in countless international and U.S. restructurings over many decades, with representations ranging from top global corporations in mega-restructurings to middle-market debtors. Weil has served as chief debtors’ counsel in 6 of the 10 largest U.S. bankruptcy filings in history and has represented clients in numerous complicated cross-border insolvency and restructuring matters. The practice is consistently recognized among the most highly regarded publications globally including, most recently ranked Band 1 by Chambers for Bankruptcy/Restructuring: The Elite – USA – Nationwide and Bankruptcy/Restructuring: The Elite – New York; Tier 1 by Legal 500 for Finance: Restructuring (including Bankruptcy) – Corporate; Tier 1 by IFLR1000 in Restructuring and Insolvency in the U.S. in 2023. Also, Weil’s Restructuring Department has been recognized as “Bankruptcy Team of the Year” by Law360 for 12 straight years (2010-2021), named among the top three firms globally for Cross-Border Restructuring and Insolvency in the 2020 edition of Global Restructuring Review’s GRR 30 and named “Bankruptcy Team of the Year” at the 2018 Chambers USA Awards, among numerous other awards and recognition.

“Weil’s clients have praise for the technical ability and business sense that the partners bring to transactions.” — IFLR1000

While many firms may claim to offer an international service, Weil’s fully integrated global platform allows Weil to marshal resources very quickly to provide sound, strategic, commercial, and legal solutions to clients in time-sensitive situations. Weil’s work on some of the most historic restructurings – including General Motors, Parmalat SpA, Lehman Brothers, Kaupthing Bank, American Airlines and MF Global – demonstrates Weil’s ability to coordinate a diverse team of lawyers across the United States, Europe, and Asia to provide clients with innovative, bespoke solutions to complex cross-border restructurings. Today, Weil continues to play an integral role in high-profile restructurings. In the United States alone, Weil has been involved in some of the most notable and largest bankruptcies filed in the U.S. in recent years, including acting as debtors’ counsel to Serta Simmons Bedding, LLC, Core Scientific, Scandinavian Airlines, Talen Energy Supply, LLC, Brooks Brothers, CBL & Associates Properties, J.Crew, Fieldwood Energy, Speedcast International, and CEC Entertainment. The Firm also has significant roles in the chapter 11 cases of Cineworld Group PLC, LATAM Airlines, Nordic Aviation Capital, Nautical Solutions, L.L.C., and Seadrill Limited.

Broad-Based Experience Advising a Range of Clients

Unlike most other large firms, Weil’s broad-based experience also includes numerous creditor representations, representations of purchasers and sellers of distressed assets, and substantial litigation.

Weil’s strengths also lie in Weil’s ability to innovate. Weil works collaboratively with clients to develop and implement novel restructuring solutions and products that are tailor-made for the different groups Weil works with: banks, private equity funds, hedge funds, corporations, boards of directors, and insolvency practitioners.

Comprehensive Scope of Experience

Weil’s experience across multiple industries is extensive and spans every critical area of finance and restructuring, including exchange offers, debt for equity swaps, prepackaged and prearranged chapter 11 cases, “conventional” chapter 11 cases, and international insolvencies.

Weil does not believe in a one-size fits all approach. Weil's advice ensures that clients address the complex issues associated with restructuring in the most strategic and beneficial manner possible.  Major restructurings transcend almost all legal disciplines (including bankruptcy/creditors’ rights, tax, financing, securities laws, antitrust, and other regulatory approvals). Weil seamlessly coordinates with lawyers in other practice areas across the Firm to provide clients with comprehensive solutions to complex transactions.

The Weil Restructuring Blog contains developments on the restructuring world from our Restructuring team. The European Restructuring Watch presents views from Weil's European teams.


Key Contacts

Matt Barr

Matt Barr


New York

Gary Holtzer

Gary T. Holtzer


New York

Ray Schrock

Ray C. Schrock


New York

See list of lawyers globally

Shortcut Links

Candace Arthur Named to American Bankruptcy Institute’s 2023 40 Under 40

Alfredo Perez named among Top 100 Houston Super Lawyers

Texas Super Lawyers 2023

Andriana Georgallas Named “Rising Star” for Bankruptcy

Law360 2023

Candace M. Arthur Named Among Crain’s New York Business’ Notable Women in Law

Crain’s New York Business 2023

Andriana Georgallas Named an Emerging Leader

The M&A Advisor 2023

Candace M. Arthur Named Top Women in Dealmaking

The Deal 2023

David J. Cohen Named Outstanding Young Restructuring Lawyer

Turnarounds & Workouts 2023

Ronit Berkovich Won The Distinguished Legal Writing Burton Award for her Bloomberg article: “Crypto Downturn Will Bring Legal, Regulatory Clarity”

Law360 2023

Ronit Berkovich Named Northeast Trailblazer

The American Lawyer 2022

Kevin Bostel Named “Rising Star” for Bankruptcy

Law360 2022

Alexander Welch Named Outstanding Young Restructuring Lawyer

Turnarounds & Workouts 2022

Matt Barr, Gary Holtzer and Ray C. Schrock Named Crisis Leadership Trailblazers

The National Law Journal 2021

Candace Arthur and Matthew Goren Named Emerging Leaders

The M&A Advisor 2021

David Nigel Griffiths Named to American Bankruptcy Institute’s 2021 40 Under 40

Candace Arthur Named "Rising Star" for Bankruptcy

Law360 2021

Candace Arthur Named Outstanding Young Restructuring Lawyer

Turnarounds & Workouts 2021

Ray C. Schrock Named 2021 Fellow of The American College of Bankruptcy

Sears Holdings Corporation Named Deal of the Year: Restructuring and Insolvency

IFLR1000 2020

Three Restructuring Partners Honored with 2020 TMA Turnaround and Transaction of the Year Awards for Their Roles in syncreon’s Financial Restructuring

Ronit Berkovich and Ray C. Schrock Named Dealmakers of the Year

The American Lawyer 2019 and 2020 (respectively)

Weil's Restructuring Department has won Law360’s “Bankruptcy Group of the Year” for 12 straight years (2010-2021).

Gary T. Holtzer, Matt Barr, Ronit Berkovich, and Ray C. Schrock Named Bankruptcy MVPs

Law360 2016, 2017, 2018 and 2020 (respectively)

Weil has been ranked Tier 1 in “Restructuring and Insolvency” in the U.S. the past 14 consecutive years.

IFLR1000 2010-2023

Awards and Recognition, Speaking Engagements, Firm News & Announcements, Latest Thinking

Awards and Recognition

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Speaking Engagements