The lawyers of Glenn Agre represent parties with significant stakes in many of the nation’s largest in-court and out-of-court restructurings, including, in recent years, the bankruptcies of Hertz Global, Garrett Motion Inc., and the Title III restructuring of Puerto Rico’s debt. Our practice focuses on high-value restructuring and creditors’ rights matters, often involving contested Chapter 11 plan confirmations and intercreditor litigation.
While not every restructuring engagement involves litigation, Glenn Agre believes that a willingness to take matters to the courtroom is necessary to providing effective advocacy for creditors and other stakeholders. All of our restructuring lawyers therefore bring significant litigation experience to their practices—an approach exemplified by practice group leader Andrew Glenn, widely recognized as a leading first-chair trial lawyer and restructuring advocate. For Andrew, and for our practice group as a whole, our equally strong abilities in the courtroom and in workout negotiations complement each other, leading to better results for our clients.
We represent the full range of stakeholders in bankruptcy proceedings, out-of-court restructurings, and other situations involving entities in economic distress. Our regular clients include:
Glenn Agre’s lawyers have a well-established reputation for taking a creative approach to distressed situations—and in so doing, creating great value for our clients. That creative mindset explains how a Glenn Agre team orchestrated an unprecedented deal giving a billion-dollar payout to shareholders in the Hertz Global bankruptcy. Glenn Agre also has repeatedly proven its ability to frame issues in ways that persuade judges and other decisionmakers. The firm pushed a message of shareholder democracy, for instance, in negotiating a restructuring plan favorable to shareholders of Garrett Motion Inc., in the turbo-charger-maker’s Chapter 11 proceedings. (Glenn Agre represented the official committee of equity securities holders.)
Our creativity and ability to shape compelling arguments have assisted us in representing: