Lorenzo is global chair of the firmwide Business Restructuring + Insolvency Group. Lorenzo represents debtors, creditors, and creditors’ committees in complex bankruptcy cases, workouts, and litigation. His cases have spanned the United States as well as countless industries, such as airline and cargo transportation, mortgage origination and servicing, retail, banking and finance, energy, oil and gas, and telecommunications.
Lorenzo has represented the official committee of unsecured creditors in numerous recent chapter 11 cases, including Maverick Gaming, Del Monte Foods, Nikola, American Tire, Accuride, Fisker, Thrasio, Peer Street, Incora/Wesco, Clovis Oncology, Valaris, Windstream Holdings, Inc., Cloud Peak Energy, Westmoreland Coal Company, Inc., the NORDAM Group, Inc., Avaya Inc., Armstrong Energy, Inc., 21st Century Oncology Holdings, Inc., Peabody Energy, Inc., Energy Future Holdings Corp., and UCI International, Inc.
Lorenzo’s deep experience and capabilities advising on precedent-setting bankruptcy and restructuring matters have not gone unnoticed. He is listed as a leading lawyer in Chambers USA and has also been recommended by The Legal 500 US. He was also designated by Turnarounds & Workouts magazine as an Outstanding Restructuring Lawyer for his accomplishments in 2016, 2017, and 2024.
In re RunItOneTime LLC, et al.
(Bankr. S.D. Tex) Counsel to the official committee of unsecured creditors of RunItOneTime LLC d/b/a Maverick Gaming LLC and its affiliated debtors in their chapter 11 cases. Maverick Gaming is a regional gaming and entertainment company operating cardrooms and casinos across multiple states.
In re Del Monte Foods Corporation II Inc., et al.
(Bankr. D.N.J.) Counsel to the official committee of unsecured creditors of Del Monte Foods Corporation II Inc. and its affiliated debtors in their chapter 11 cases. Del Monte Foods is one of the country’s largest producers and marketers of premium quality, branded food products.
In re Accuride Corporation et al.
(Bankr. Del.) Counsel to the official committee of unsecured creditors of Accuride Corporation and its affiliated debtors in their chapter 11 cases. Accuride is a manufacturer of wheels and wheel end products for commercial trucks and trailers.
In re Fisker Inc., et al.
(Bankr. Del.) Counsel to the official committee of unsecured creditors of Fisker, Inc. and its affiliated debtors in their chapter 11 cases. Fisker is a U.S.-based electric vehicle company that developed eco-friendly cars.
In re Nikola Corporation et al.
(Bankr. Del.) Counsel to the official committee of unsecured creditors of Nikola Corporation and its affiliated debtors in their chapter 11 cases. Nikola is a global leader in zero-emissions transportation and energy supply and infrastructure solutions.
In re American Tire Distributors, Inc. et al.
(Bankr. Del.) Counsel to the official committee of unsecured creditors of American Tire Distributors, Inc. and its affiliated debtors in their chapter 11 cases. American Tire Distributors is the largest seller of replacement tires in the U.S.
In re Thrasio Holdings, Inc., et al.
(Bankr. D.N.J.) Counsel to the official committee of unsecured creditors of Thrasio Holdings, Inc. and its affiliated debtors in their chapter 11 cases. Thrasio is an acquisition entrepreneurship company that focuses on acquiring and scaling businesses within the Amazon third-party seller ecosystem.
In re PeerStreet
(Bankr. Del.) Counsel to the official committee of unsecured creditors of PeerStreet and its affiliated debtors in their chapter 11 bankruptcy. PeerStreet is an online real estate investing platform that provides alternative investments to invest money in real estate backed loans.
In re Wesco Aircraft Holdings, Inc.
Counsel to the official committee of unsecured creditors of Wesco Aircraft Holdings, Inc., and its affiliated debtors in their chapter 11 bankruptcy. Wesco is a leading global aerospace supplier and supply chain services provider.
In re Clovis Oncology, Inc., et al.
(Bankr. Del.) Counsel to the official committee of unsecured creditors of Clovis Oncology, Inc., and its affiliated debtors in their chapter 11 cases. Clovis is a biopharmaceutical company focused on acquiring, developing, and commercializing cancer treatments in the United States and abroad. Clovis filed for chapter 11 to implement a sale of their assets pursuant to section 363 of the Bankruptcy Code.
In re AeroCentury Corp.
(Bankr. Del.). Counsel to AeroCentury Corp. and its affiliated debtors in their chapter 11 cases. AeroCentury is an aircraft leasing and sales company that provides services to various regional airlines across the globe. The debtors filed for chapter 11 to effectuate a series of sale transactions and restructure their approximately $128 million in prepetition obligations.
In re Valaris plc, et al.
(Bankr. S.D. Tex.) Counsel to the official committee of unsecured creditors of Valaris plc and its affiliated debtors in their chapter 11 cases. Valaris is a leading provider of offshore drilling services to the international oil and gas industry. It currently operates the industry’s largest modern offshore drilling fleet of 67 rigs, maintains drilling operations in nearly every major offshore market spanning 24 countries. Valaris’s customers include many of the leading national and international oil companies, in addition to numerous local and independent offshore exploration and production companies. The company listed total assets of approximately $13 billion and total debts of approximately $7.85 billion in its first day filings.
In re Murray Energy Holdings Co., et al.
(Bankr. Del.). Counsel to the official committee of unsecured creditors of Murray Energy Holdings Co. and its affiliated debtors, in its chapter 11 bankruptcy. Murray filed for chapter 11 protection in the United States Bankruptcy Court for the Southern District of Ohio in October 2019 after struggling with deteriorating coal prices, decreased demand for coal, increased use of renewable energy sources, and regulatory burdens. At the time of its bankruptcy filing, Murray was the largest privately-owned coal company in the United States, with approximately US$2.5 billion in annual revenues and nearly 5,500 employees.
In re Windstream Holdings, Inc., et al.
(Bankr. S.D.N.Y.) Counsel to the official committee of unsecured creditors of Windstream Holdings, Inc., and its affiliated debtors in their chapter 11 case. Windstream is a leading provider of advanced network communications, technology, broadband, security, entertainment, and core-transport solutions to both consumer and business customers across the United States. Windstream had approximately $5.6 billion in prepetition obligations at the time of its filing.
In re Cloud Peak Energy, et al.
(Bankr. D. Del.) Counsel to the official committee of unsecured creditors of Cloud Peak Energy, one of the largest coal producers and suppliers in the United States, and certain of its subsidiaries in its filing for chapter 11 bankruptcy protection.
In re Westmoreland Coal Company, et al.
(Bankr. S.D. Tex.) Counsel to the official committee of unsecured creditors of Westmoreland Coal Company and affiliated debtors. Westmoreland is the sixth-largest coal mining enterprise in North America. After conducting an exhaustive investigation to reveal unencumbered assets and following weeks of negotiations with the company and the company’s secured lenders, the Committee supported independent plan processes for two distinct debtor groups that kept the company operating, preserved jobs and pensions, and provided value for unsecured creditors.
In re The NORDAM Group, Inc., et al.
(Bankr. D. Del.) Counsel to the official committee of unsecured creditors of aerospace manufacturer The NORDAM Group, Inc. and affiliated debtors. At the time of filing, NORDAM had approximately $286 million in funded debt and was engaged in a five-year dispute with Pratt & Whitney Canada Corporation over a long-term agreement for the manufacturing of nacelle systems used in Gulfstream Aerospace Corp. aircraft. The Committee supported NORDAM’s decision to sell its interest in the program to Gulfstream and thereafter negotiated a plan of reorganization that provided for an equity investment and payment of all unsecured claims in full with interest.
In re 21st Century Oncology Holdings, Inc., et al.
(Bankr. S.D.N.Y.) Counsel to the official committee of unsecured creditors of 21st Century Oncology Holdings, Inc. and its subsidiaries and affiliates, the largest global provider of integrated cancer care services. At the time of its filing, 21st Century Oncology had more than $1.1 billion of prepetition funded debt that it was seeking to restructure through its chapter 11 cases.
In re Avaya Inc., et al.
(Bankr. S.D.N.Y.) Counsel to the official committee of unsecured creditors for international telecom company Avaya Inc. and its affiliated debtors. Avaya had more than $6 billion of secured debt at the time of its filing and was saddled with significant pension underfunding liabilities for its domestic and certain foreign affiliates.
In re UCI International, LLC, et al.
(Bankr. Del.) Counsel to the official committee of unsecured creditors of UCI International, one of North America’s largest manufacturers of automotive replacement parts.
In re Maxus Energy Corporation, et al.
(Bankr. D. Del.) Counsel to Maxus Energy Corporation and four affiliated debtors in their chapter 11 cases, which addressed over $12 billion in claims, predominantly in connection with environmental liability relating to the country’s largest superfund site—the Passaic River and related bodies of water. The Maxus chapter 11 cases concluded in July 2017 following confirmation of an innovative chapter 11 plan supported by over 99% of creditors.
In re Peabody Energy, Inc., et al.
(Bankr. E.D. Mo.) Counsel to the Official committee of unsecured creditors of Peabody Energy, the world’s largest privately owned coal producer, and 153 of its subsidiaries, which collectively held $10.1 billion in prepetition debt. In the bankruptcy court, our team succeeded in securing material improvements to unsecured-creditor recoveries in the confirmed plan of reorganization. We successfully defended the plan, which provided substantial recoveries to both secured and unsecured creditors, in the district court against challenges by the hold-out creditors and again in the Eighth Circuit.
In re HOVENSA LLC
(Bankr. D.V.I.) Counsel to HOVENSA LLC, once owner of one of the ten largest oil refineries in the world, in its chapter 11 case. At the time of its bankruptcy filing, HOVENSA had approximately $2 billion of prepetition indebtedness, exclusive of significant legacy liabilities primarily in the form of environmental obligations, pension obligations, and retiree benefits.
In re Walter Energy Inc., et al.
(Bankr. N.D. Ala.) Counsel to the official committee of unsecured creditors of Walter Energy, Inc. and its affiliates. Walter, a major producer of metallurgical coal, struggled as a result of the precipitous fall in the price of metallurgical coal in recent years and eventually was forced to seek bankruptcy protection in July 2015 in an effort to restructure its more than $3.1 billion in debt.
In re Patriot Coal Corporation, et al.
(Bankr. E.D. Va.) Counsel to the official committee of unsecured creditors in the chapter 11 case of Patriot Coal Corporation, a leading producer and marketer of coal in the United States.
In re Energy Future Holdings Corp., et al.
(Bankr. D. Del.) Counsel to the official committee of TCEH unsecured creditors in the chapter 11 cases of Texas power company Energy Future Holdings Corp. and its affiliates, which filed for bankruptcy in April 2014. This is the tenth-largest bankruptcy in U.S. history, with the debtors holding approximately $40 billion in debt.
In re Residential Capital, LLC, et al.
(Bankr. S.D.N.Y.) Counsel to Residential Capital and its affiliates, comprising one of the largest residential real estate finance companies at the time of its chapter 11 filing, with assets and liabilities each in excess of $15 billion. The debtors’ business was comprised primarily of loan servicing and origination. Residential Capital was the largest bankruptcy filing of 2012, and the case represents the first time ever that a mortgage servicer was able to successfully continue servicing and originating mortgages in bankruptcy and be sold as a going concern.
In re MF Global Holdings Ltd., et al.
(Bankr. S.D.N.Y.) Counsel to Louis J. Freeh, former Federal Judge and former Director of the Federal Bureau of Investigation, as chapter 11 trustee for MF Global in its chapter 11 bankruptcy proceeding. With $41 billion in assets at the time of filing, MF Global was the largest bankruptcy filing of 2011 and the eighth largest in U.S. history. This case involves a wind-down of an extremely complex global operation and the realization of value from various entities in the MF Global Group, many of which are in their own administration or liquidation proceedings domestically and internationally.
In re Pinnacle Airlines Corp., et al.
(Bankr. S.D.N.Y.) Counsel to the official committee of unsecured creditors in the chapter 11 cases of Pinnacle Airlines Corp., et al. Pinnacle Airlines operates as Delta Connection for Delta Airlines, the Debtors’ largest customer and post-petition lender. At the time of filing of their bankruptcy petitions on April 1, 2012, the Debtors had 8,000 employees and over $1 billion in annual revenue and operated over 800 flights a day.
In re Los Angeles Dodgers LLC, et al.
(Bankr. D. Del.) Counsel to the official committee of unsecured creditors for the Los Angeles Dodgers in its chapter 11 bankruptcy. A plan of reorganization was confirmed by the Bankruptcy Court on April 13, 2012, pursuant to which the baseball team was sold for a record $2 billion. Unsecured creditors received a 100% cash recovery under the plan, in what is the largest and most successful restructuring of a sports franchise in U.S. history.
In re Mesa Air Group, Inc., et al.
(Bankr. S.D.N.Y.) Counsel to the official committee of unsecured creditors of Mesa Air Group, Inc., et al. in their chapter 11 bankruptcy proceedings.
In re Caribbean Petroleum Corp., et al.
(Bankr. D. Del.) Counsel to the official committee of unsecured creditors of Caribbean Petroleum Corp., one of the primary importers and distributors of petroleum products in Puerto Rico, in its chapter 11 case. We successfully negotiated on behalf of the client a $24 million insurance buy back from Caribbean Petroleum’s liability insurance carrier for the benefit of general unsecured creditors.
In re Hawaiian Telcom Communications, Inc., et al.
(Bankr. D. Haw.) Counsel to the official committee of unsecured creditors of Hawaiian Telcom, the leading provider of telecommunications services in the State of Hawaii.
Innkeepers USA Trust
(Bankr. S.D.N.Y.) Counsel to the official committee of unsecured creditors of Innkeepers USA Trust in its chapter 11 bankruptcy. This is one of the largest national cases, by debt size, filed in 2010, with $1.29 billion in prepetition secured debt, which culminated with the sale of 64 of Innkeepers’ hotels to affiliates of Cerberus Capital Management for $1.02 billion. Unsecured creditors are estimated to recover approximately 80-90% of their allowed claims, with many to be paid in full.
Pacific Energy Resources Ltd.
(Bankr. D. Del.) Counsel to the State of Alaska in the bankruptcy case of Pacific Energy Resources in a challenging sale process highlighting public safety concerns of the State.
Ranked for Bankruptcy and Creditor Debtor Rights and Insolvency
The Best Lawyers in America 2021-2026
Ranked for Bankruptcy/Restructuring - New York
Chambers USA 2022-2025
Recommended in the area of Corporate Restructuring
The Legal 500 US 2022-2025
Highly Regarded: Restructuring and Insolvency
IFLR 1000 2024-2025
Recognized as an Outstanding Restructuring Lawyer
Turnarounds & Workouts 2016–2017, 2024