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News
Jenner & Block Secures Trial Victory for Chance the Rapper
News
Recognition
Jenner & Block Named Law Firm of the Year, Earned Additional Honors Across Categories by The American Lawyer 2025 Industry Awards
Recognition
Recognition
Chicago Bar Association Names Jenner & Block Law Firm of the Year
Recognition
All News and Insights
News
October 16, 2024 – NEW YORK/CHICAGO – Jenner & Block is pleased to announce that prominent restructuring lawyers Doug Spelfogel and Derek Wright have joined the firm as Partners in the New York and Chicago offices, respectively. Doug and Derek bring a wealth of experience in complex restructuring and bankruptcy litigation, further strengthening the firm’s renowned Bankruptcy and Restructuring Practice.
Recognitions
Lawdragon has recognized eight Jenner & Block partners on their 2026 list of the 500 Leading Global Bankruptcy & Restructuring Lawyers. The list includes advisors who meet the needs and expectations of their clients across the full spectrum of financial complexity, from intricate restructurings and special situation transactions to fraud recovery and mass tort defense.
Publications
Third-Party Releases Through Chapter 15—Loophole or Comity?
Recent filings suggest that companies are leveraging recognition proceedings under Chapter 15 of the U.S. Bankruptcy Code to obtain relief they couldn’t achieve under foreign or U.S. bankruptcy law alone. Noteworthy decisions highlight a judicial openness—grounded in comity—to recognize foreign proceedings in the U.S. that include third-party releases. Japanese companies eyeing this path should weigh the potential benefits against the risks of perceived abuse.
In an article for The Review of Banking & Financial Services, Partners Doug Spelfogel and Derek Wright and Associate Karen Lou discuss the rise in companies seeking to use creative tools to implement third-party releases through Chapters 15 recognition proceedings. The authors analyze Harrington v. Purdue Pharma L.P., and recent bankruptcy court decisions.