Restructuring

Weil has been named among Law360’s 2025 “Bankruptcy Groups of the Year” for guiding some of the largest and most consequential corporate restructurings of the past year. The Firm is one of just four law firms recognized nationwide.

Law360 featured Weil’s recent representations of First Brands Group in its restructuring, which included more than $12 billion in liabilities; Steward Health Care in its $9.2 billion chapter 11; and Fossil Group in its novel, Weil-designed “stapled exchange” restructuring of senior unsecured debt.

Restructuring Department Co-Chairs Matt Barr and Jeffrey Saferstein emphasized how Weil’s interdisciplinary capabilities helped the Firm resolve some of the year’s most complex matters. Matt told Law360 that teams from numerous Weil practices, including financing, litigation, white collar and restructuring, worked on First Brand’s chapter 11.

“Unlike other law firms that don’t have the type of practice that we have, we have other practice groups that we leverage off of,” he said.

Jeffrey told Law360 that getting Steward’s chapter 11 plan confirmed “really was a Herculean effort.” The matter also involved Weil teams across numerous practices, handling a range of real estate, privacy and tax aspects while consistent patient care remained a priority.

“You’re talking about patients and hospitals. Life and death,” he said.

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