Corporate Restructuring Practices and Innovations

This document is a technical report detailing the corporate restructuring practices of Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates. It outlines the firm's representation of various stakeholders, including troubled companies, boards of directors, and creditors, in both in-court and out-of-court restructuring transactions. The report describes the firm's innovative approaches, such as prepackaged and prearranged bankruptcy techniques, which aim to expedite the restructuring process while minimizing costs. Specific case examples illustrate the firm's extensive experience in handling complex domestic and cross-border restructurings, including significant transactions that have set industry precedents. The document also highlights the firm's global presence, enabling it to navigate different insolvency regimes effectively. Additionally, it discusses the firm's role in traditional Chapter 11 cases and out-of-court workouts, emphasizing the strategies employed to manage liabilities and enhance value for clients involved in distressed situations.