Davis Polk & Wardwell LLP (including its associated entities) is an elite global law firm with world-class practices across the board. Clients know they can rely on Davis Polk for their most challenging legal and business matters. From offices in the world’s key financial centers and political capitals, our more than 1,000 lawyers collaborate seamlessly to deliver exceptional service, sophisticated advice and creative, practical solutions. We are market leaders in U.S. and international restructurings and insolvencies, with extensive experience representing a wide range of parties. Summary Companies, directors, financial institutions, institutional investors, hedge funds, acquirers, trustees and administrators call upon us to design and execute value-maximizing strategies. We are critical advisers in restructurings in and out of court, liability management transactions, recapitalizations, exchange offers, debt/equity conversions, distressed M&A and bankruptcy litigation. Our lawyers in the United States and Europe have advised on high-profile restructurings across industries including energy, retail and transportation – among them, Aeroméxico, California Resources, Chesapeake Energy, Delta Air Lines, Ford, Hertz, Purdue Pharma and Toys “R” Us. We are a premier firm for international and cross-border restructuring, including in Europe, Asia and Latin America.