James Savin

Partner

Areas of Focus

James Savin

Partner

jsavin@akingump.com

Areas of Focus

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Biography
  • Practice focuses on corporate restructurings and bankruptcy law with an emphasis on official and informal creditor groups.
  • More than 20 years of experience advising on contentious and non-contentious restructuring matters in a range of industries.

James Savin represents official and informal committees of creditors (secured and unsecured), debtors, debtor-in-possession lenders and acquirers of businesses and assets in large, complex Chapter 11 cases and out-of-court restructurings. His restructuring matters encompass a wide variety of industries and often involve multijurisdictional and cross-border issues.

Representative Work
  • SVB: Counsel to the Official Committee of Unsecured Creditors in the chapter 11 case of SVB Financial Group, the former parent company of Silicon Valley Bank, involving $3.4 billion in liabilities.
  • Revlon: Counsel to an ad hoc group of secured term loan lenders in the chapter 11 cases of Revlon and its affiliates, a personal care and cosmetics company that sells its products in approximately 150 countries, involving $3.5 billion in liabilities.
  • Hertz: Counsel to an ad hoc group of second lien noteholders in the chapter 11 cases of Hertz and its affiliates, an international car rental company, involving $19 billion in liabilities. Successful Restructurings of the Year (Turnarounds & Workouts)
  • Crédito Real: Counsel to an ad hoc group of unsecured noteholders and lenders in the restructuring of Crédito Real and its affiliates, a Mexican nonbank financial institution, involving more than $2 billion in liabilities.
  • Pacific Drilling: Counsel to an ad hoc group of secured noteholders in the second chapter 11 restructuring of Pacific Drilling and its affiliates, an offshore ultra-deepwater drilling company, involving $1.1 billion in liabilities. Energy Deal of the Year (The M&A Advisor)
  • Foresight Energy: Counsel to an ad hoc group of first lien lenders in the chapter 11 cases of Foresight Energy and its affiliates, a leading producer of thermal coal, involving $1.5 billion in liabilities.
  • Sanchez Energy: Counsel to the debtor, an upstream energy company, in its chapter 11 cases involving approximately $2.3 billion in liabilities.
  • Parker Drilling: Counsel to an informal group of creditors in the chapter 11 cases of Parker Drilling and its affiliates, a provider of drilling services and rental tools to the energy industry, involving approximately $695.4 million in liabilities.
  • CHC Group: Counsel to an informal secured noteholder group that served as plan sponsor in the chapter 11 cases of CHC Group and its affiliates, a provider of helicopter transportation services to the offshore oil and gas industry, involving $2.19 billion in liabilities. Corporate Turnaround of the Year - Large/Mega (Turnarounds Atlas Awards)
  • Cobalt International Energy: Counsel to an informal group of second lien creditors in the chapter 11 cases of Cobalt International Energy and its affiliates, an oil and gas exploration and production (E&P) company, involving $3 billion in liabilities.
  • Cenveo: Counsel to the informal group of second lien creditors in the chapter 11 cases of Cenveo and its affiliates, a manufacturer of print-related products in North America and the United Kingdom, involving $1.4 billion in liabilities.
  • Walter Energy: Counsel to the informal group of first lien lenders in the chapter 11 cases of Walter Energy and its affiliates, a leading producer and exporter of metallurgical coal, involving $3.02 billion in liabilities. Most Successful Restructurings of the Year (Turnarounds & Workouts)

"He is very detailed, strategic and a strong negotiator. He is tough when he needs to be and he recommends thoughtful, creative solutions."
Chambers USA, 2022

Education
  • J.D., Emory University School of Law, 1997

  • B.S., University of Pennsylvania, 1994

Bar Admissions
  • District of Columbia

  • New York

Recognitions
  • Washingtonian, “Top Lawyer” for Bankruptcy, 2018 and 2020.
  • Chambers USA, Bankruptcy/Restructuring, 2009 to 2023.
  • The Legal 500 US, Corporate Restructuring (including Bankruptcy), 2017 to 2018.

Insights and Achievements

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              Distinguished by our areas of focus, as a cohesive and integrated firm, we are defined by the caliber of our work, the responsiveness of our service and a culture that is rooted in collaboration and forward-thinking.

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