Jones Day

Overview

Jones Day is one of the largest and most prestigious law firms in the world, with a Business Restructuring & Reorganization Practice that spans over 75 years. The firm has been involved in many of the most significant corporate bankruptcy cases in history and regularly represents debtors, creditors, equity holders, and acquirers in Chapter 11 proceedings. Jones Day's restructuring practice operates across the firm's 40+ offices worldwide, enabling it to handle complex cross-border insolvency matters and multi-jurisdictional restructurings. The firm is particularly known for its work in retail, automotive, manufacturing, and financial services bankruptcies.

Strengths

• +75+ years of restructuring experience with a globally recognized practice
• +40+ offices worldwide for seamless cross-border insolvency coordination
• +Deep expertise across retail, automotive, manufacturing, and financial sectors
• +Represents all stakeholder positions — debtors, creditors, and acquirers
• +Consistently ranked among the top restructuring practices by Chambers and U.S. News

Considerations

• -Premium billing rates consistent with global elite law firms
• -Not available for consumer or small business bankruptcy cases
• -Large firm bureaucracy may slow responsiveness on smaller matters
• -Potential conflict issues given extensive global corporate client roster

Best For

• *Multinational retailer with operations in multiple countries needing coordinated cross-border Chapter 11 filing
• *Major creditor seeking representation in a complex manufacturing company bankruptcy
• *Automotive supplier entering financial distress that needs strategic restructuring advice from industry experts