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The Legal 500 United States (2016) named Chadbourne a “top-tier” firm in the area of municipal bankruptcy and Lawrence Larose a “Leading Lawyer” in municipal restructurings.

Chadbourne’s municipal restructuring and bankruptcy team addresses the many interconnected complex issues faced by municipalities and other governmental entities at all levels of financial pressure. The Chadbourne team combines decades of experience with a full range of financial, regulatory and litigation skills to enable us to spot issues before they arise, as well as develop innovative approaches to long-term problems. We have represented major creditors in literally every major municipal restructuring in recent memory, both in and out of court, including the Chapter 9 cases of Detroit, MI and Jefferson County, AL, the two largest municipal bankruptcies in US history. Since 2013, The Legal 500 United States has recognized the firm as “tier one” in the municipal bankruptcy area. 

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On July 13, 2015, California enacted Senate Bill 222 (“SB 222”), which clarifies that all general obligation bonds (“GO Bonds”) issued by most California municipalities and...

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