Bankruptcy and Restructuring

Attorneys in Taft's Bankruptcy and Restructuring practice represent clients in virtually every aspect of complex litigation and transactions involving financially distressed businesses, including the acquisition and sale of assets and claims; the prosecution and defense of preference and fraudulent conveyance claims; the formation and implementation of credit policies and procedures; the structuring of loans and other financing arrangements involving debtor-in-possession financing, letters of credit, leasing and floor-planning; and the negotiation and formulation of out-of-court restructuring arrangements and chapter 11 reorganization plans. Recently, we have also been involved in several major mass-tort bankruptcy cases, representing diverse interests in the cases of Purdue Pharma, Mallinckrodt and USA Gymnastics. Our experience also includes lien protection and asset recovery, pre-bankruptcy workouts, Uniform Commercial Code matters and asset protection.

Our attorneys have extensive experience in the automotive, steel, telecommunications, basic manufacturing, retail and wholesale goods, and distressed debt trading industries. We frequently lecture at local seminars throughout the midwest and at national programs for audiences that include attorneys, commercial lenders, accountants, industry trade groups and bar associations.

The practice consists of experienced partners and associates spread among the firm's Chicago, Cincinnati, Cleveland, Indianapolis and Minneapolis offices. Our attorneys are recognized in publications such as Best Lawyers in America, Chambers USA: America’s Leading Business Lawyers, Leading Lawyers and Indiana and Ohio Super Lawyers.

Related Practices


  • Ranked National Tier 1 by U.S. News – Best Lawyers® “Best Law Firms” for Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law (2019 - present)

  • Chambers USA: America’s Leading Business Lawyers

  • Best Lawyers in America

  • Indiana and Ohio Super Lawyers

All Bankruptcy and Restructuring Professionals

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