Bankruptcy & Restructuring In 2022, Hughes Hubbard’s attorneys handled complex restructurings for a wide range of confidential clients and, in addition, worked on two of the year’s most high-profile bankruptcies.
Conclusion of Lehman Brothers, the Largest and Most Complex Liquidation in History
In September, the U.S. Bankruptcy Court for the Southern District of New York approved the closure of the Lehman Brothers Inc. liquidation proceeding under the Securities Investor Protection Act, concluding the largest securities brokerage liquidation in U.S. history. Judge Chapman's order also discharged HHR senior counsel James W. Giddens from his duties as trustee.
Delta Strengthens Partnership with Aeroméxico Through Chapter 11 Restructuring
The firm advised Delta Air Lines in its capacity as strategic partner and equity investor in the Chapter 11 restructuring of Grupo Aeroméxico, Mexico’s largest airline.