Practising Law Institute (PLI)
Seminar | December.17.2018 - December.18.2018PLI New York Center (Webcast available)
Evan Hollander and Lorraine McGowen will be speaking at the upcoming “Nuts and Bolts of Corporate Bankruptcy” program at the Practising Law Institute. The program is a primer for attorneys looking to become familiar with the fundamental tenets of bankruptcy law. A group of premier bankruptcy experts will provide practice tips and basic concepts to help attorneys guide clients through the bankruptcy process.
CLE Credits Available: Y
Evan Hollander, Senior Partner in Orrick’s New York office, is a member of the firm’s Restructuring group.
Evan has over 25 years of experience representing debtors, creditors and directors in a wide range of insolvency related matters – both in and out of court – with a particular emphasis on complex U.S. and cross-border restructurings. In addition, Evan also assists clients seeking to acquire the assets of, or claims against, troubled companies, and in structuring commercial transactions to reduce or eliminate risk.
In addition to his extensive experience in U.S.-based restructuring matters, involving both U.S. domestic corporations and as well as foreign corporations seeking relief in the U.S., Evan has advised clients on numerous foreign and multi-national restructuring matters.
An active member of the American Bankruptcy Law Institute, Evan routinely speaks and writes on key topics in financial restructuring and insolvency law.
Lorraine McGowen is a lead restructuring partner with over 30 years of experience joining clients on the front lines of their
recovery crisis and investment strategies with entrepreneurial enthusiasm and a
true passion for innovation.
For more than 30 years, Lorraine has assessed our clients' challenges and chances for recovery in the most difficult situations. She sees through the morass of legal and financial distress to discover the best strategies for returns and growth.
Lorraine advises financial institutions, syndicated lender groups, creditor committees and other parties from the U.S., Europe, Asia and Africa who seek to maximize recovery or reduce exposure. She also advises investors and acquirers of companies. She interfaces with auditors, government regulators, investment bankers and others, and develops and implements mediation and litigation strategies, and negotiates reorganization plans and complex corporate and finance documents.
Success in her work requires innovation. Lorraine's mission is to find the best possible path to recover or grow her client's investments. She continually seeks new and better solutions; carefully listens, analyzes and looks forward. She strives to be there for her clients throughout the process – and to see into the future – finding the very best path for them. Lorraine is described by colleagues, clients and others as “tireless,” “driven, determined, dedicated and devoted” and “a multi-faceted, multi-dimensional, multi-successful person on so many levels.”
Lorraine recently was the lead bankruptcy attorney representing Toyota in the highly complex global restructuring of Takata Corporation, one of the world’s largest manufacturers and distributors of automotive safety systems, including airbags. Takata’s restructuring, which included the sale of substantially all of its assets other than its inflator business, was implemented through in-court bankruptcy proceedings in the U.S. and Japan, and out-of-court in Europe, China, and other jurisdictions. Toyota was one of the largest creditors, with claims against Takata in excess of $7 billion.
Other notable engagements include representing financial institutions in connection with Puerto Rico’s $72 billion restructuring, representing multinational bank syndicates in connection with toll road restructurings, including the acquisition of a $6 billion toll road by an Australian firm, representing financial institutions, municipalities and others in the global Lehman insolvency proceedings, and representing a South African company in the Tronox bankruptcy proceeding in connection with its $3.4 billion acquisition of a mineral sands business.
Lorraine is a leading advocate for diversity and inclusion (D&I) in the legal profession and creates programs for women, people of color and LGBTQ attorneys. She is a mentor, sponsor and chair of Orrick’s firm-wide, global D&I Initiatives. For Lorraine, and for Orrick, D&I is not just the right thing to do. Providing our clients with diverse teams is simply good business: diverse teams are more creative, collaborative and successful.
Lorraine recently completed two terms of service on the firm’s 11-member Board of Directors and currently co-leads Orrick's Automotive Technology & Mobility group. She previously chaired Orrick’s Restructuring Group. She is on the Board of Directors of The New York Lawyers for the Public Interest and of the Institute for Inclusion in the Legal Profession, the Board of Legal Advisors for Legal Outreach in New York City, and the Advisory Committee for the Vance Center for International Justice.She was selected as one of Savoy Magazine’s Most Influential Black Lawyers for 2018 and 2015, and received Legal Outreach’s Pipeline to Diversity 2017 Champion Award and the New York City Bar Association Diversity and Inclusion 2012 Champion Award. IFLR 1000 Rankings named Lorraine a leading lawyer in the U.S. She was selected by Direct Women to be a 2016 Board Institute member. She is a frequent speaker and author on bankruptcy and insolvency and diversity and inclusion.