Katten announced today that Kate Scherling has joined its Insolvency and Restructuring practice as a partner in New York, one month after the firm brought on two other new partners to the practice there. Prior to Katten, Scherling was a member of the Bankruptcy and Restructuring practice in the New York office of Quinn Emanuel Urquhart & Sullivan, LLP.
Scherling has worked on some of the nation’s most significant Chapter 11 cases. She focuses her practice on complex corporate bankruptcies and bankruptcy-related litigation, including fraudulent transfer, avoidance and recharacterization actions.
“Distressed companies need smart, hard-working, laser-focused counsel who can jump right in and help clients face the legal, business and restructuring challenges effectively and efficiently. That is what our Insolvency and Restructuring team does,” said Steven Reisman, chair of Katten’s New York Insolvency and Restructuring practice. “Kate is a brilliant and talented restructuring professional whose creativity and practical experience will broaden our client services. We are very glad to have her on Team Katten.”
In addition to adversary proceedings, Scherling has experience in handling contested matters, including debtor-in-procession financing challenges, rejection motions and contested plan confirmations. Scherling has advised clients in a range of industries, including the energy sector. She draws on the extensive knowledge and experience she gained while working with the US Senate Office of the Legislative Counsel, where she helped write bankruptcy and banking legislation.
Last month, Julia Winters, formerly of White & Case LLP, and Michael Comerford, who was at Paul Hastings LLP, started in Katten’s Insolvency and Restructuring practice in New York. Before them, several other new partners joined the practice throughout the firm. Prav Reddy in London, Terry Banich in Chicago, and John Mitchell and Michaela Crocker in Dallas are among the 13 new attorneys the practice added this year.
Katten’s Insolvency and Restructuring practice has been much more in demand during 2020 than in 2019 as the practice continues to take on key roles in some of the most noted bankruptcy cases. The practice generally represents debtors, independent directors, key creditor constituencies and stakeholders in major Chapter 11 and Chapter 15 cases throughout the country.
