Whether motivated by a need to be more competitive, overcome financial adversity, or move in a new direction, restructuring can be an effective strategy for achieving business critical objectives. Creating and implementing a successful restructuring plan requires seasoned legal counsel that understands the objectives and how to craft the right solution.

Recognized by U.S. News – Best Lawyers in the national Insolvency and Reorganization Law category, Akerman's Bankruptcy and Reorganization Practice Group represents clients in both in-court and out-of-court proceedings throughout North America. With a multidisciplinary team comprised of more than 30 lawyers throughout the United States, we regularly serve as debtor's counsel or counsel to a senior debt syndicate in the restructuring of large and mid-size companies. We guide clients through comprehensive consensual restructurings and recapitalizations, helping them exploit opportunities and overcome challenges.

We use a practical, business-oriented approach to create innovative solutions to our clients' most complicated problems. While we have extensive experience in Chapter 11 cases, we tailor strategies to meet each client’s restructuring needs, which may be best achieved by means other than Chapter 11. We understand the strategic and tactical considerations of the parties involved and manage their diverse interests to our clients’ benefit.