Careers

Diversity, Equity & Inclusion

Experience

Innovation

Interactive Maps

Locations

About

Pages

Meet our team of innovators
Ask us how we do it

Professionals

Insights

Services

Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

Home | Thompson Hine LLP

Atlanta

Chicago

Cincinnati

Cleveland

Columbus

Dayton

Los Angeles

New York

Washington, D.C.

Our Business Restructuring team has extensive experience in developing unique strategies for companies facing the challenges that arise from being an asbestos defendant in the tort system. Facing asbestos claims could negatively impact the value of an otherwise profitable operating business, and company directors and officers often expend valuable time and resources managing asbestos defense rather than focusing their attention on the company’s operating business.

contentpilot/introduction

In addition to more traditional solutions, such as chapter 11 restructurings and the implementation of permanent channeling injunctions, our restructuring attorneys have worked with numerous clients on out-of-court restructurings that can address and resolve these challenges and problems.

core/paragraph

We advise companies on different ways an operating business can be separated from its asbestos liabilities. We also work with third-party purchasers experienced in acquiring and managing asbestos, environmental and other legacy corporate liabilities. For many companies, available insurance coverage provides most of the funding necessary for these types of restructuring transactions.

While every business has different challenges and needs, our extensive asbestos-related restructuring experience enables us to develop a strategy tailored to each client’s unique situation.

contentpilot/expand-more

Out-of-Court Restructuring to Exit Asbestos Litigation: Alternative to Chapter 11

Asbestos-Related Restructuring Strategies

Professionals

Recent Insights

Asbestos-Related Restructuring Strategies

Related Services

Professionals

Recent Insights