Schiff Hardin has substantial experience with creditors' and equity committees, which are ranked differently in terms of capitalization but operate under the same governance structure and play similar roles in Chapter 11 bankruptcy proceedings.

Specifically, our bankruptcy practice has provided counsel for major creditors, and our attorneys have frequently obtained substantial distributions of cash, new stock, warrants, and rights for out-of-the-money equity holders through vigorous and creative representation. We have also successfully negotiated the sale of claims held by our creditor clients.