Linklaters strengthens restructuring and insolvency practice with hire of Margot Schonholtz in New York

Linklaters is pleased to announce that leading restructuring & insolvency lawyer, Margot Schonholtz, has been elected as a partner in the firm’s global Restructuring and Insolvency (R&I) practice, based in New York. 

Margot has more than 36 years of experience and is among an elite group of practitioners specializing in representing leading institutional creditors, agents to syndicated lending groups, and large lender groups in major debt restructurings, complex loan workouts, asset sale transactions and insolvency matters.

She has recently advised significant creditor constituencies in the high-profile Chapter 11 cases of Sabine Oil and Gas and Samson Resources. Margot’s other notable mandates include advising the pre and post-petition lenders to Patriot Coal I (2012) and SemGroup and the largest pre-petition secured creditor of Lyondell Chemical Company. 

Margot joins from Willkie Farr & Gallagher. She has been ranked in Chambers US since its inception in 2003 and in Chambers Global since 2004. In 2013, Euromoney Legal Media Group named Margot Best in Insolvency & Restructuring in the Americas Women in Business Law Awards.

Margot’s hire adds her considerable R&I experience to Linklaters’ existing top-tier restructuring and insolvency capabilities both in New York and globally. She will lead the firm’s New York R&I team, which has worked on numerous high profile mandates, including advising the administrators of Lehman Brothers International (Europe) on multi-billion dollar claims against their U.S. affiliates, Dish Network on its acquisition of Blockbuster, Grupo Prisa on its successful out-of-court restructuring and, most recently, Towergate Finance on obtaining chapter 15 recognition of UK schemes of arrangement.  

Margot is the second high-profile partner to join Linklaters’ New York office this month, following Douglas Tween who joined the firm’s global Competition/Antitrust practice on November 2.

Tony Bugg, Global Head of Linklaters’ R&I practice, said:

“Margot is a talented and dynamic restructuring lawyer, with proven credibility having advised on some of the most prominent, high profile bankruptcy cases in recent years. She has developed a market leading reputation as a trusted adviser who has the intellectual, business and personal skills to lead, build consensus and develop winning strategies for her clients.

Linklaters’ strategy is based on meeting clients’ needs and their market opportunities and U.S. bankruptcy law is increasingly becoming a key component to global restructurings. Margot’s credentials, experience and understanding of this space, across multiple jurisdictions, make her ideally suited to our client work in complex, high-value cross-border restructuring matters.” 

Scott Bowie, Global Head of Linklaters’ U.S. practice, commented:

“We are delighted to add another leading practitioner to our team in New York.  Margot’s arrival further evidences our commitment to investing in our U.S. practice in a manner consistent with our global ambitions. On behalf of all of our U.S. partners, I look forward to what we will accomplish with Margot as part of the team.”