Main Practice Contact

Robert D. Albergotti
+1 214.651.5613
robert.albergotti@
haynesboone.com


In the News

Markets Crisis Spurs Haynes and Boone Bankruptcy Expansion

Haynes and Boone, LLP has bolstered its bankruptcy and business reorganization practice by adding ten lawyers to the group over the last 20 months. “Our group is busy now, and we’re expecting a very active 2009,” said Steve Pezanosky, who heads the firm’s Bankruptcy and Business Reorganization Section. >>

Pickens Sues Lehman for $59.9M

Haynes and Boone represents T. Boone Pickens - Reprinted with Permission from Portfolio Media, Inc., Law360, New York (October 8, 2008) - Texas billionaire T. Boone Pickens has sued a unit of bankrupt investment bank Lehman Brothers Holdings Inc. for $59.9 million in damages stemming from derivatives deals that were aborted after the bank filed for bankruptcy on Sept. 15.

>>

Haynes and Boone Team Responds to Markets Crisis

In a time when credit market turmoil could result in unprecedented losses, Haynes and Boone, LLP lawyers are addressing the needs of financial institutions, brokerage firms, title companies, corporate directors and officers, and public accounting firms through the firm’s recently formalized Financial Crisis Advisory and Litigation Services Practice Group. >>



Recent Publications

Waiver, Forbearance Agreements After Default

If the current economic downturn continues, the number of borrowers that default under debt agreements will increase significantly. A previously prized borrower that once could dictate terms to its lender likely will find itself with fewer options when facing a default and will be forced to work with its existing lender to obtain either a waiver or a forbearance agreement. This article, featured in Texas Lawyer, outlines steps to be considered when advising a client facing a default. For the complete article click here. >>





Financial Crisis Advisory and Litigation

In a time when credit market turmoil could result in unprecedented losses, Haynes and Boone, LLP lawyers are addressing the needs of financial institutions, brokerage firms, title companies, corporate directors and officers, and public accounting firms through the firm’s Financial Crisis Advisory and Litigation Services Practice Group.

A team of lawyers from disciplines across the firm works proactively to guide clients through the vast array of emerging issues, including financial transactions, corporate, litigation, internal and governmental investigations, and bankruptcy matters. The group is also helping clients by examining their internal policies and practices.

The practice attorneys work as a coordinated unit, drawing on lawyers primarily from our hedge fund, finance, bankruptcy, broker dealer and litigation practices to analyze, advise and help clients establish contingency plans during this economic crisis. The goal is to respond efficiently and effectively to specific legal challenges that arise during these extremely fluid situations in our financial markets.

Members of the practice also consult with lawyers in our structured finance, securities, tax and derivatives practices, recognizing that a range of clients in the transactional, regulatory and litigation arenas are affected by these complex issues.

Lawyers working within Haynes and Boone’s securities and complex commercial litigation, bankruptcy, white collar defense and government investigations groups have long handled matters that involve the issues that have emerged as the global subprime crisis unfolded.

Many of the issues are similar to those of the late 1980s when many Haynes and Boone lawyers were handling litigation involving the failed savings and loan industry. This is an area where we can offer our clients the advice and experience they need to successfully deal with the subprime and Wall Street collapses.