Amid the COVID-19 pandemic and downturn in the oil patch, an analysis by The Texas Lawbook determined that no law firm operating in Texas is involved in more complex corporate restructurings than Jackson Walker.
Since the pandemic swept the nation, the Firm’s 14-member Bankruptcy, Restructuring, & Recovery group has served as lead or co-lead counsel in more than 52 bankruptcies nationwide—38 of which are in the Southern District of Texas. Of those 38 matters, Jackson Walker has partnered in 21 corporate restructurings with Kirkland & Ellis.
At the epicenter of the Firm’s activity is Houston partner Matthew Cavenaugh, who is one of a dozen corporate bankruptcy attorneys in Texas who are working longer hours and billing more time in 2020 than they have in their entire careers.
“It seems like every time I get a new case, it has Matt’s name on it,” Chief U.S. Bankruptcy Judge David Jones told The Texas Lawbook. “It is exciting seeing so many great bankruptcy lawyers getting to showcase their talent, and especially younger lawyers like Matt.”
To read more, view The Texas Lawbook article “The Battle of the Texas Bankruptcy Legal Advisors – A Statistical Analysis of the Firms and Lawyers” and The American Lawyer article “Kirkland’s Bankruptcy Partnership With Jackson Walker Could Be a Sign of Things to Come.” Both articles require a subscription to view.
Founded more than 130 years ago, Jackson Walker has played a vital role in the growth and development of Texas business. With more than 400 attorneys across seven Texas-based offices, the Firm represents Fortune 500 companies, multinational corporations, major financial institutions, insurance companies, and a wide range of public companies and private businesses around the globe. To explore the Firm’s experience related to representing debtors and creditors in bankruptcy proceedings, visit the Bankruptcy, Restructuring, & Recovery practice page.