Business Restructuring

Ropes & Gray’s globally recognized business restructuring practice provides clients with creative strategies and practical solutions for addressing the challenges of financial distress and insolvency. Our mission is to be an integral part of our clients’ overall success by delivering world-class, individualized service.  


Experienced Advocates

For decades, our business restructuring lawyers have represented clients throughout the United States and internationally, in virtually every form of restructuring, insolvency and workout. The members of Ropes & Gray’s business restructuring department are among the top bankruptcy lawyers in the world. Our partners are widely recognized in publications such as Chambers Global, Chambers USA, IFLR 1000, Benchmark Litigation, Best Lawyers in America, The Legal 500, Who’s Who Legal and Super Lawyers. Two of our partners are Fellows in the American College of Bankruptcy, and one was recently recognized by Turnarounds and Workouts as an “Outstanding Restructuring Lawyer.” 

Award-Winning Deals

Named a bankruptcy “Practice Group of the Year” by Law360 and Chambers-ranked, Ropes & Gray’s business restructuring practice has been called “highly regarded” and a “versatile unit capable of winning high-profile cases and pioneering solutions to clients' financing needs.” Law360 recognized us for our work advising Trinseo PLC in a secured term loan financing valued over $1 billion, representing Forma Brands in its Chapter 11 proceedings, and securing a win for Mall of America before the U.S. Supreme Court, among other wins in 2023. The practice regularly receives awards for high-profile restructurings, including “Successful Restructurings of 2023” for the Trinseo financing, “Turnaround Transaction of the Year” for representing an ad hoc group of lenders of CHC Group LLC, and “Refinancing of the Year” for advising Elevate in its out-of-court restructuring.

Firmwide Collaboration

Our core business restructuring team leverages the creativity, knowledge and experience of the entire firm across multiple disciplines and multiple geographies. By drawing on the firm’s offices across the globe, and in practices such as benefits, finance, health care, intellectual property, litigation, M&A, real estate, special situations and tax, among others, we provide a seamless range of services to our clients. This multidisciplinary approach enables us to offer one-stop, cost-efficient solutions that address our clients’ biggest and most complex challenges.

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They are exceptionally sharp, very professional and very user-friendly. I’d characterize them as making bankruptcy law very accessible.
Client, Chambers USA