Contacts

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Practice:

  • Restructuring
  • Bankruptcy Litigation
  • Distressed Assets & Alternative Investments
  • Municipal Restructuring and Insolvency
  • Energy & Infrastructure
  • M&A and Private Equity
  • Structured Finance
  • Higher Education and Student Loan Financing
  • Automotive Technology & Mobility

Lorraine McGowen Partner Restructuring, Bankruptcy Litigation

New York

Lorraine McGowen is a lead restructuring partner with over 30 years of experience representing clients from the US and internationally with entrepreneurial enthusiasm and a true passion for innovation seeking to maximize their recoveries or reduce their exposure.

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.

Recent engagements include representing Toyota (one of the largest creditors with more than $7 billion in claims) in the highly complex global restructuring of Takata Corporation, one of the largest manufacturers and distributors of automotive safety systems, including airbags; representing financial institutions in connection with Puerto Rico’s $72 billion restructuring; and representing several PPA counterparties in the PG&E bankruptcy case.  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 is a member of Orrick's Management Committee and recently completed two terms of service on the firm’s 11-member Board of Directors.  She also currently co-leads Orrick's Automotive Technology & Mobility group and its global Diversity & Inclusion (D&I) Initiative.  

As a leading D&I advocate, Lorraine creates programs for the legal profession and the community.   She was selected as a 2019 Rainmaker by the Minority Corporate Counsel Association (MCCA) and 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.

Among her community involvement, she serves on the Board of Directors for the Institute for Inclusion in the Legal Profession and on the Advisory Committees for Legal Outreach and the Vance Center for International Justice of the NYCBA.

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Practice:

  • Complex Litigation & Dispute Resolution
  • Insurance Recovery
  • Cyber, Privacy & Data Innovation
  • Automotive Technology & Mobility

Darren S. Teshima Partner Complex Litigation & Dispute Resolution, Insurance Recovery

San Francisco

Darren Teshima, Co-Leader of Orrick's Complex Litigation and Dispute Resolution practice, helps clients intelligently manage risk and assert their rights through litigation. To safeguard clients from both anticipated and unforeseen dangers, Darren ensures each client’s litigation strategy and insurance coverage align with its business objectives.

Specializing in the technology and finance sectors, Darren litigates high stakes commercial disputes, focusing on insurance coverage disputes. He has successfully handled litigation related to residential mortgage-backed securities (RMBS), directors & officers (D&O) coverage and cyber insurance for some of the largest data breaches in history. For example, he recently defended Credit Suisse at trial in a case brought by monoline insurer MBIA, one of the few post-financial crisis RMBS cases to go to trial.

Darren also helps clients avoid litigation by crafting innovative strategies that address cutting-edge cyber, data and cryptocurrency concerns; as well as D&O and professional liability. Whether assisting a startup focused on rapid growth, or a global corporation expanding into the digital future, Darren tailors his strategy to each client’s unique business model and objectives.

He has been recognized for his work by Legal 500, which lists Darren as a recommended lawyer in the Insurance: Advice to Policyholders category. Clients endorse Darren, telling Chambers USA, they appreciate his ability to "balance expert knowledge with practical application," which earned him a spot among Chambers’ Insurance: Policyholder in California rankings. Darren has been named a Law360 Rising Star, one of the "Best Lawyers Under 40" by the National Asian Pacific American Bar Association (NAPABA), and is a fellow of the American Bar Foundation.

Darren is also passionate about his pro bono work and community involvement. The Legal Services for Children has given him its Pro Bono Advocate Award twice. His pro bono work includes administrative trials and hearings on behalf of asylum seekers and low-income tenants, and litigation advice to nonprofit organizations. He is the Chair of the board of directors of Asian Americans Advancing Justice | Asian Law Caucus, and serves on the boards of the Center for Gender & Refugee Studies and Legal Services for Children.

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