Founded in 1928, Cole Schotz is a notable law firm in restructuring and insolvency. It has expanded to seven offices nationwide in: Hackensack, New York, Wilmington, Baltimore, Boca Raton, Fort Worth and Dallas.

The restructuring and insolvency team represents sponsors, debtors and creditors in Chapter 11 and Chapter 7 insolvency cases. It also represents debtors in out of court financial restructurings. Recently in the restructuring and insolvency practice area, the team advised several debtors on securing DIP financing and successful restructurings. They also advised on private-equity investments.